Arizona Attorney General Kris Mayes has issued a warning about the increasing number of cryptocurrency ATM scams in the state. To combat this, a new scam reporting form has been launched, urging victims to report incidents within 30 days to enhance the chances of recovering lost funds. In 2024, Arizona reported losses exceeding $177 million due to crypto ATM scams, while nationwide losses reached $246 million, with approximately 43% of victims being over the age of 60, according to FBI data.
Arizona Attorney General Warns of Rising Crypto ATM Scams
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