The Niagara Regional Police in Ontario, Canada are teaming up with cryptocurrency ATM operators to launch a public awareness campaign aimed at combatting fraud. The police are partnering with Bitcoin Depot, Bitcoin Well, Bitcoin4U, HODL, Instacoin, and LocalCoin to issue warnings on ATM machines, particularly regarding the irreversible nature of crypto transactions. This comes after a surge in crypto ATM-related crimes in the Niagara Region, with victims collectively losing over $1.3 million in 2024 alone. The campaign advises users to exercise caution and avoid making transactions involving unsolicited payment requests.
Content Editor ( crypto.news )
- 2025-01-22
Niagara Regional Police to issue fraud warnings on crypto ATMs
