Crypto ATM Scams Put Kiosk Firms Under Scrutiny After CoinFlip $4.8M Order
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A crypto ATM can send a victim’s cash into a scammer’s wallet within minutes, with little chance of reversing the payment. California’s latest enforcement action raises a central question: how much responsibility should kiosk operators carry when weak safeguards enable fraud? On November 4, California’s Department of Financial Protection and Innovation ordered CoinFlip to pay […]
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