California Law Limits Bitcoin ATM Transactions to $1,000 to Thwart Scammers
One 80-year-old retired teacher in Los Angeles lost $69,000 in bitcoin to scammers. And 46,000 people lost over $1 billion to crypto scams since 2021 (according to America's Federal Trade Commission). Now the Los Angeles Times reports California's new moves against scammers using bitcoin ATMs, ...