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Wisconsin cracks down on crypto ATM scams with new law
Original: Crypto ATM scams have wreaked havoc in Wisconsin. A new law is helping change that, but did it go far enough?
Wisconsin residents have lost money to scams involving cryptocurrency ATMs, where fraudsters direct victims to deposit cash into machines. A new state law now imposes restrictions aimed at curbing these losses. While officials say the measure is helping, questions remain about whether the rules go far enough to fully protect consumers.
Why now: A newly enacted state law targeting crypto ATM fraud is prompting debate about its effectiveness.
Evidence
- Crypto ATM scams have wreaked havoc in Wisconsin. A new law is helping change that, but did it go far enough? · Wisconsin Watch
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