Beware! Crypto ATMs Are Up to No Good! 🤑💰

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Oh, what a jolly pickle we find ourselves in! The clever folks at AUSTRAC, with their shiny new cryptocurrency task force (launched in the frosty month of December 2024), have stumbled upon some rather dodgy dealings involving those pesky crypto ATMs. It seems they’ve been playing hide-and-seek with scams and all sorts of fraudulent shenanigans! 🎩💸

Brendan Thomas, the big cheese at AUSTRAC, has waved his magic wand and declared that these ATM operators must tighten their belts—er, I mean, their operational standards! Otherwise, their machines might just become the favorite playground for all sorts of naughty mischief-makers! 😏

Now, hold onto your hats, because Australia is leading the Asia-Pacific region with a whopping 1,648 cryptocurrency ATMs! That’s a jump from a measly 23 in 2019! Sydney alone is home to 348 of these shiny contraptions. It’s as if they’re multiplying like rabbits! 🐰💰 Meanwhile, across the pond, lawmakers in the U.S. are scratching their heads and thinking, “Maybe we should put a leash on these crypto kiosks!” Especially since the scams are getting cheekier, targeting our dear elderly folks who might just be a tad too trusting. 😬

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2025-04-01 02:18