Arizona is trying to stop people from losing money to Bitcoin ATM scams!
- Scammers trick people into sending money through Bitcoin ATMs.
- One woman lost $17,000!
- A new law wants to make Bitcoin ATMs safer.
- It will limit how much money you can send each day.
- It will make sure Bitcoin ATM owners have licenses.
| Problem | Number |
|---|---|
| Money lost to scams in Arizona (2023) | $127 million |
| Money lost to Bitcoin ATM scams (2020) | $12 million |
| Money lost to Bitcoin ATM scams (2023) | $112 million |
| Daily Limit (Proposed) | $1000 |
