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breaking: florida lawmakers cracking down on crypto atm scams targeting seniors – will this save the day or just tip off scammers to new tactics?!
wait… why they always gotta ruin the fun for us degen gamblers?? aren’t crypto ATMs just the new wave of financial freedom and deg
wait so my boomer grandpa can’t just go to the crypto atm and buy me $SHIB anymore?? 🫠
will they have
problem: Seniors falling victim to scams involving crypto ATMs, leading to financial loss and untraceable transactions.
insight: Proposed regulations by Florida
As a law enforcement official shared stories of seniors scammed out of money, a Florida House panel discussed regulating crypto ATMs. Scams involve convincing seniors to withdraw funds and convert them into untraceable virtual currency. A bill, sponsored by Rep. Michael Owen and Rep. Dan Daley, aims to address this issue. The proposed measures include warning messages on screens, transaction limits, electronic receipts, and reimbursement requirements. Support for the bill was expressed by AARP, Florida Bankers Association, and Bitcoin Depot. 🚨💰🔒
Florida Lawmakers Target ‘Crypto ATM’ Scams – NBC 6 South Florida
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