California Orders $4.8 Million Payout to Victims of Bitcoin ATM Scams
Key Highlights: California regulators cited Coinflip for multiple kiosk violations, including exceeding daily transaction limits and failing to provide required consumer disclosures. Older adults and scam victims face disproportionate risks from crypto kiosks, which fraudsters frequently exploit through tech support, business, and government impersonation schemes. State authorities across the nation, including Arizona, Alabama, and Ohio, ...