Now You Know: Resources against Cryptocurrency Scams

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Title
Now You Know: Resources against Cryptocurrency Scams
Description
If someone is demanding payment through a Bitcoin ATM, residents are encouraged to stop communication immediately and call 9-1-1. Scammers are increasingly targeting individuals by pretending to represent: Government agencies Utility providers Law enforcement The court Victims are often pressured to act immediately and instructed to deposit money into a Bitcoin ATM or send cryptocurrency to avoid arrest, utility disconnection, fines, or other consequences. NOTE: Bitcoin and cryptocurrency payments are not reversible. Scam Warning Signs Common warning signs of a scam include: Threats of arrest or utility shutoff. Requests for secrecy. Demands for immediate payment. Instructions to use a Bitcoin ATM. Pressure to stay on the phone while making a payment. Keep in Mind No government agency or utility company will ever request payment through Bitcoin or cryptocurrency. Legitimate agencies will not pressure residents to make immediate payments using Bitcoin ATMs.