Crypto ATM Scams: Tasmania’s $1.6M Nightmare!

🚨 Attention, dear readers! 🚨 Tasmania’s law enforcement agencies are now keeping a close eye on cryptocurrency ATMs after discovering that the most active users in the region have fallen victim to fraudulent schemes.

According to a recent announcement from Tasmania Police Cyber Investigations, the top 15 users of crypto ATMs across the state have all been scammed, resulting in a combined loss of approximately 2.5 million Australian dollars (USD $1.6 million).

😱 Notably, around $592,000 of this total was funneled through crypto ATMs. The findings are part of a broader national enforcement initiative aimed at curbing the misuse of cryptocurrency kiosks across Australia.

Scammers Direct Victims to Crypto ATMs After Banks Flag Suspicious Activity

The operation is being spearheaded by the Australian Federal Police (AFP) in collaboration with AUSTRAC, the nation’s financial intelligence unit.

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2025-07-12 13:51