Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Wood County sheriff's office backs Assembly Bill 968 to regulate cryptocurrency kiosks
Summary
Chief Deputy Quentin Ellis told WFHR that Wood County supports Assembly Bill 968, which would cap daily kiosk transactions, require identity checks and a 30-day reporting window to help investigators recover funds from scams that have cost residents 'hundreds of thousands' of dollars.
Chief Deputy Quentin Ellis of the Wood County Sheriff's Department told WFHR's 'Perspective' that the department supports Assembly Bill 968, a proposal to regulate cryptocurrency kiosks in Wisconsin. Ellis said Sheriff Becker was in Madison to testify on the bill and that the department has been “very passionate” about pursuing legislative help.
"They will call with any amount of different scenarios ... they have you give access over to the scammer," Ellis said, describing how scammers instruct victims to put cash into kiosk machines and then transfer control of a digital wallet. He said the scams often target elderly…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
