The City of Maryland Heights Government is cautioning residents about an underhanded scam involving Bitcoin and cryptocurrency ATMs. The Maryland Heights Police Department (MHPD) has observed a rise in deceptive schemes designed to defraud citizens of their digital currency, according to a recent social media post.
As part of the alert, the MHPD has shared a series of tips for locals to recognize and avoid becoming victims of these cryptocurrency frauds. Among the advice offered, individuals are urged to be wary of unsolicited offers, protect their personal information, and verify the legitimacy of any transaction involving Bitcoin ATMs. In an effort to combat the trend, the MHPD is not only spreading awareness but also actively investigating reports of cryptocurrency-related scams…