Scottsdale police say city residents have lost over $6 million this year through cryptocurrency scams. And those are only the cases that have been reported.
Now, the police department is launching an awareness campaign.
“Unfortunately, victims will respond to unsolicited texts, emails and phone calls, convincing the victim to put money into Bitcoin ATMs for various reasons," he said.
Brennan recommends victims immediately report any fraud to local law enforcement or the FBI’s Internet Crime Complaint Center website.
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