Tasmania Sees Rise in Bitcoin ATM Scams as Authorities Increase Crackdown Efforts

The post Tasmania Sees Rise in Bitcoin ATM Scams as Authorities Increase Crackdown Efforts appeared on BitcoinEthereumNews.com. Tasmania intensifies efforts against crypto ATM scams as losses reach millions, highlighting a growing threat in Australia’s digital currency landscape. Authorities reveal that scammers increasingly pressure victims to use crypto ATMs after traditional banks flag suspicious transactions, complicating fraud detection. According to Detective Sergeant Paul Turner from Tasmania Police Cyber Investigations, “Victims are being manipulated, intimidated and pressured into investing in fake investment and romance scams.” Tasmania cracks down on crypto ATM scams amid rising losses, with authorities uncovering new tactics used by fraudsters to exploit victims through digital currency machines. ‘, ‘

Jul 11, 2025 - 14:00
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Tasmania Sees Rise in Bitcoin ATM Scams as Authorities Increase Crackdown Efforts

The post Tasmania Sees Rise in Bitcoin ATM Scams as Authorities Increase Crackdown Efforts appeared on BitcoinEthereumNews.com.

Tasmania intensifies efforts against crypto ATM scams as losses reach millions, highlighting a growing threat in Australia’s digital currency landscape. Authorities reveal that scammers increasingly pressure victims to use crypto ATMs after traditional banks flag suspicious transactions, complicating fraud detection. According to Detective Sergeant Paul Turner from Tasmania Police Cyber Investigations, “Victims are being manipulated, intimidated and pressured into investing in fake investment and romance scams.” Tasmania cracks down on crypto ATM scams amid rising losses, with authorities uncovering new tactics used by fraudsters to exploit victims through digital currency machines. ‘, ‘

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