By CCN: Crypto-oriented phone scams are alive and well across the country. One sneaky tactic involves posing as law enforcement, a crime in and of itself, and then blackmailing victims into paying Bitcoin to avoid legal troubles. Following a case of precisely that in Berkeley, California, New York City police are actively pursuing a broader strategy to combat such scams, and it involves participation from companies that operate Bitcoin ATMs. NYPD & Bitcoin Startups Crack Down on Phone Scams According to the city’s website, police are working with Bitcoin ATM providers “regarding their electronic scam messaging and texts and placing
The post NYPD Enlists Bitcoin ATMs to Help Strangle Phone Scams appeared first on CCN
source https://www.ccn.com/nypd-enlists-bitcoin-atms-to-help-strangle-phone-scams
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