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Guavy AI Editorial TeamSentiment: 2.5Clout: 60

Wisconsin Targets Cryptocurrency Kiosk Scams with Proposed Bill

Wisconsin is the latest state to take action against cryptocurrency kiosk scams. These scams involve scammers posing as banks or government agencies to convince victims to withdraw cash from their bank accounts and deposit it into cryptocurrency machines.

The proposed bill aims to crack down on these schemes by increasing penalties for those found guilty of scamming individuals through cryptocurrency kiosks.