Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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North Carolina Attorney General issues warning against Bitcoin ATM scams
2024-07-14 05:52:47
Odaily News After receiving a large number of complaints, North Carolina Attorney General Josh Stein issued a warning about Bitcoin ATM scams, outlining tips to avoid such scams, emphasizing the need to be cautious about unsolicited cryptocurrency payment requests, online relationships turning to finance, verifying investment advice, and avoiding get-rich-quick scams, while also urging victims to report scams to local law enforcement and consumer protection departments. To help avoid such scams, the North Carolina Attorney General's Office offers some tips: First, be wary of unsolicited messages requesting payment in cryptocurrency. Think carefully before sending money via gift cards, wire transfers, or cryptocurrency, as these are common scams. Second, be wary of online relationships that quickly evolve into financial relationships. Scammers often establish connections on platforms such as Facebook or Linkedin and eventually ask for money. If an online acquaintance or lover asks for money through a Bitcoin ATM, then it is likely a scam. (News.bitcoin)