#CryptoScamSurge CryptoScamSurge
The United States is implementing new strict laws that impose a maximum limit on deposits and tighten oversight of cryptocurrency ATMs, in an effort to cut off a preferred tool for scammers and extortionists.
Why this matters: Kiosks are the easiest way for everyday people to convert cash into cryptocurrencies, and their use by scammers has increased over the past few years, especially with scams targeting the elderly.