As interest in cryptocurrency increases in the United States, the number of ATMS which facilitate cryptocurrency transactions is as well.
With that convenience in place, scammers have emerged. They have been taking thousands of dollars from vulnerable Coloradans by taking advantage of both the ATMs and a lack of regulation around those machines.
“I had no idea what bitcoin… to tell you the truth, what it is,” one man who asked not to be identified told CBS Colorado.
Charles Krupa / AP
However, he didn’t let the lack of knowledge stop him from putting $15,000 into a bitcoin ATM.
Such machines that are now relatively easy to find. They convert dollars into cryptocurrency.
“I got a phone call at home on…
