BOISE — Attorney General Raúl Labrador is warning Idahoans about a dangerous rise in cryptocurrency ATM scams that have defrauded victims out of tens of thousands of dollars.
In just one week, an observant employee at a Stinker Store stopped two elderly individuals from collectively losing more than $30,000. The worker unplugged the cryptocurrency ATM and had to contact Boise police to convince the victims that they were being scammed.
Cryptocurrency ATMs, which resemble traditional bank machines, are commonly found in gas stations and convenience stores. While they are used for legitimate transactions, scammers exploit their anonymity and lack of traceability to steal money from unsuspecting victims.
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According to the Attorney General’s Office, reported cryptocurrency losses in Idaho jumped from $19 million in 2023 to more than $35 million in 2024. Seniors are the most…
