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    Bitcoin ATM Scam Recovery: Texas Sheriffs Retrieve $32,000…

    Sam Boolman | Crypto Enthusiast and WriterBy

    Texas Sheriffs Crack Bitcoin ATM With Power Tools to Recover $32,000

    Texas sheriffs utilized power tools this week in recovering $32,000 from a Bitcoin ATM after a Jasper County family stated they were scammed out of funds, according to local police. The household stated it had lost $25,000 to the fraudsters.An image shared …

    Texas sheriffs utilized power tools this week in retrieving $32,000 from a Bitcoin ATM after a Jasper County household stated they were scammed out of funds, according to regional law enforcement. Crypto ATMs permit individuals to convert cash into Bitcoin, and in 2024, Americans over 60 years old reported $107 million in Bitcoin ATM-related losses, according to a yearly FBI report. Bitcoin Depot states that over a dozen compliance workers, together with “robust transaction keeping track of systems,” as well as know-your-customer and anti-money-laundering programs, according to a shareholder discussion released previously this year.

    Texas constables utilized power tools this week in obtaining $32,000 from a Bitcoin ATM after a Jasper County family said they were scammed out of funds, according to regional law enforcement. Crypto ATMs allow individuals to transform cash into Bitcoin, and in 2024, Americans over 60 years old reported $107 million in Bitcoin ATM-related losses, according to a yearly FBI report. Bitcoin Depot states that over a dozen compliance workers, along with “robust transaction keeping track of systems,” as well as know-your-customer and anti-money-laundering programs, according to an investor presentation published previously this year.

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    Sam Boolman | Crypto Enthusiast and Writer

    Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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