A local police department is warning citizens about the continued increase in Bitcoin scams.
The Fairborn Police Department said in a social media post that scams involve Bitcoin and cryptocurrency machines, also known as Bitcoin ATMS.
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Scammers may contact their victims by phone, text, email, or social media, and pretend to be from the government, tech support, or investment companies.
They often pressure people to deposit cash into a bitcoin machine to pay fines, fees, or taxes to resolve a warrant or legal issue. Once the money is sent, it is gone and untraceable, according to the social media post…