See every side of every news story

Published 2 years ago • loading... • Updated 2 years ago

California Law Limits Bitcoin ATM Transactions to $1,000 to Thwart Scammers

Summary by slashdot.org

One 80-year-old retired teacher in Los Angeles lost $69,000 in bitcoin to scammers. And 46,000 people lost over $1 billion to crypto scams since 2021 (according to America's Federal Trade Commission). Now the Los Angeles Times reports California's new moves against scammers using bitcoin ATMs, ...

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

1 Articles

1 Articles

California Law Limits Bitcoin ATM Transactions to $1,000 to Thwart Scammers

One 80-year-old retired teacher in Los Angeles lost $69,000 in bitcoin to scammers. And 46,000 people lost over $1 billion to crypto scams since 2021 (according to America's Federal Trade Commission). Now the Los Angeles Times reports California's new moves against scammers using bitcoin ATMs, ...

2 years ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Coverage Details

Total News Sources1

Leaning Left0Leaning Right0Center0Last Updated2 years agoBias Distribution

No sources with tracked biases.

Bias Distribution

There is no tracked Bias information for the sources covering this story.

Untracked bias

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

slashdot.org broke the news in 2 years ago on Monday, October 23, 2023.

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics