Bitcoin ATM fraud hits Arizona hard: Millions lost in new scheme

(InvestigateTV) — Arizona law enforcement is sounding the alarm after residents lost millions of dollars to a fast-growing Bitcoin ATM scam.

Criminals are tricking victims into depositing cash into cryptocurrency machines under the guise of fake government threats, utility shutoffs, or tech issues, then vanishing with the funds.

Officials say these scams are becoming more frequent and more convincing.

Investigative reporter Amy Cutler takes an in-depth look at the crypto scam that’s cost consumers millions and speaks to a woman sharing her story as a warning.

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