Governor Mike Braun signed an emergency declaration banning Bitcoin ATMs in Indiana.
EPD says the number of scams in Evansville has doubled each year, with an average loss of $11,000.
EPD Financial Crimes Unit reached out to Rep. Wendy McNamara about state legislation for Bitcoin ATMs being used by scammers.
When state legislators heard testimony from the EPD unit, AARP, and other organizations, they decided to authorize a full ban.
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