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FBI warns of fraudulent schemes using cryptocurrency ATMs and QR for payments

November 8, 2021

The FBI Internet Crime Complaint Center (IC3) published an alert to warn the public of fraudulent schemes leveraging cryptocurrency ATMs and Quick Response (QR) codes to complete payment transactions.

This payment option makes it quite impossible to recover the money stolen with fraudulent schemes.

“The FBI warns the public of fraudulent schemes leveraging cryptocurrency ATMs and Quick Response (QR) codes to facilitate payment. The FBI has seen an increase in scammers directing victims to use physical cryptocurrency ATMs and digital QR codes to complete payment transactions.” reads the alert.

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