Criminals have discovered a new way to steal millions of dollars from older Americans. And Indiana lawmakers have the power to stop it.
Cryptocurrency ATMs, also known as “crypto kiosks,” are being installed in convenience stores, gas stations, and retail stores across the country. Although these machines allow users to conduct legitimate cryptocurrency transactions, their lack of regulation compared to traditional financial institutions makes them prime targets for fraud.
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Ambre Marr has served as AARP Indiana’s state legislative director for the past nine years. The Indiana Capital Chronicle is part of State Newsroom, a nonprofit news network supported by a coalition of grants and donors as a 501c(3) public charity.
