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Owotunse Adebayo

Louisiana recovers $200,000 from Bitcoin ATM scammers using new crypto protection law

On January 10, 2026, authorities in Louisiana reported recovering $200,000 taken through Bitcoin ATM scams that targeted elderly residents. Police and consumer advocates said the funds were retrieved under a new state law that imposes warning requirements, transaction limits and waiting periods on Bitcoin ATMs. Officials also highlighted a broader rise in such schemes, noting that reported Bitcoin ATM fraud reached $333 million in 2025.
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