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Story summary
- From January 2024 to August 2025, the Cheyenne Police Department recorded over 50 Bitcoin ATM scam cases, resulting in $645,960 in losses for victims.
- Scammers impersonate trusted organizations, creating urgency to deceive victims into depositing cash into Bitcoin ATMs.
- Manitowoc Police report that older individuals are often targeted and coerced into large deposits.
- A new ordinance in Manitowoc mandates warning signs on Bitcoin ATMs, leading to a decrease in scam reports.
- Authorities recommend verifying unexpected calls, taking time to think, and educating others to prevent scams.
