Home Industries Financial Services As crypto ATM scams grow, R.I. moves to prevent them

As crypto ATM scams grow, R.I. moves to prevent them

­COMBATING CRYPTO SCAMS: 
Rep. Julie A. ­Casimiro was a sponsor of legislation intended to make it more difficult for fraudsters to take money from people using cryptocurrency ATMs, a growing problem nationwide. 
PBN PHOTO/TRACY JENKINS
­COMBATING CRYPTO SCAMS: 
Rep. Julie A. ­Casimiro was a sponsor of legislation intended to make it more difficult for fraudsters to take money from people using cryptocurrency ATMs, a growing problem nationwide. 
PBN PHOTO/TRACY JENKINS

These aren’t your parents’ ATMs – they’re a new tool increasingly exploited by scammers. Similar in appearance to traditional ATMs found in convenience stores, laundromats and liquor stores, Bitcoin ATMs allow users to purchase cryptocurrency with cash and transfer it to their digital wallets. First on the scene in 2013, the number of these kiosks

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