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Scammers are using local Bitcoin ATMs to trick residents into sending money that can't be recovered. The city is looking at banning these machines to protect people.
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days.
Residents have lost nearly $2 million to these scams since 2021.
Residents will be protected from high-risk, irreversible financial transactions.
Local businesses hosting the machines will lose a small amount of monthly revenue.
We'll include it in your weekly brief whenever the council takes it up.
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