[2026-07-31] The latest IT, economic, blockchain and coin news
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2026-07-31 | Curator: CryptoTerminal
Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban
Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints the bureau logged nationally in 2025, a year in which reported losses to the machines rose 58% to $389 million. The kiosks take cash and convert it to crypto, and sit in gas stations and convenience stores. The Texas Tribune counts about 4,000 across the state. Scammers persuade vic...
