Canadian Police Warn Bitcoin Users About New Bitcoin Scam

Police are warning Winnipeggers about a new scam involving bitcoin ATMs

Oliver A August 30, 2019

Less than a minute

A new scam related to Bitcoin ATM has come into our notice. Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address.

Scammers post an Out of Order message on ATM. The message says that ATM software is under development. It further warns the user not to deposit Bitcoin through ATM. There is a QR code attached to the message. Users are urged to deposit Bitcoins to the account attached to it. The posters were found on two of the city’s twenty Bitcoin ATMs, but nobody has yet fallen victim to the scam.

Oliver A

Oliver is a content marketer who is actively engaging with latest trends in the financial market. He is a writer by day ad a reader by night. Contact me at oliverzack87@gmail.com