FTC issues public warning about new crypto ATM scam

FTC issues public warning about new crypto ATM scam

The FTC has alerted everyone to stay vigilant of a new payment scam involving impersonators and crypto ATMs. The United States Federal Trade Commission published an alert of a new version of a scam involving cryptocurrencies. The scam has three key components, an impersonator, a QR code and a crypto ATM where the victims will be directed to send money.According to the FTC, fraudsters pretend to be public officials, law enforcement agents or employees of local utility companies. The imposters also utilize dating apps and pretend to be potential romantic partners or call victims to announce....


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