Iowa Court Rules in Favor of Bitcoin ATM Operator in Scammed Money Case
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3 Articles
Bitcoin ATM operator entitled to return of money seized by law enforcement, Iowa Supreme Court holds - Nyemaster Goode On Brief
Two Iowans who deposited cash into bitcoin automated teller machines, as they say they were instructed to do by scammers, will not receive their money back as a result of two Iowa Supreme Court rulings saying the owner of the ATM had the better argument that it was legally entitled to the cash seized by Linn County authorities investigating fraud. The Court announced its rulings in two separate decisions handed down May 16. The lead decision, In…


Iowa Court Rules in Favor of Bitcoin ATM Operator in Scammed Money Case
The decision reversed a lower court ruling that seized cash totalling $28,000 should be returned to the scam victims.
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