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Texas Police Forcefully Open Cryptocurrency ATM, Recover $25,000 Fraud Loss

Summary: According to reports from Cointelegraph, the sheriff of Jasper County, Texas, used cutting tools to forcibly dismantle a Bitcoin ATM in an attempt to recover $25,000 in fraud losses suffered by local residents. The victims fell for a scam impersonating government officials and transferred money to the scammers through the machine. Sheriff Chuck Havard seized ...

According to reports from Cointelegraph, the sheriff of Jasper County, Texas, used cutting tools to forcibly dismantle a Bitcoin ATM in an attempt to recover $25,000 in fraud losses suffered by local residents. The victims fell for a scam impersonating government officials and transferred money to the scammers through the machine. Sheriff Chuck Havard seized approximately $32,000 in cash from the machine based on a search warrant, but admitted that the location of the scammers has not been identified. The ATM operator is Bitcoin Depot, and the incident has sparked community controversy, with some questioning the law enforcement's actions. The sheriff emphasized that all resources will be used to combat fraud targeting residents in the jurisdiction.

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