FORSYTH COUNTY, Ga. — The Forsyth County Commission is considering regulating cryptocurrency ATMs amid a rise in scams defrauding residents of millions annually.
At their Sept. 9 work session, commissioners asked the county’s attorneys to work with law enforcement to draft an ordinance to regulate the machines. The directive came after a discussion about signage warning ATM users about scams involving cryptocurrency.
This year, the Forsyth County Sheriff’s Office has documented more than $5.9 million lost by residents to cryptocurrency-related scams, Capt. Bill Franco said…