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Wood County sheriff recounts seizing kiosk cash as he urges passage of crypto-ATM rules
Summary
Wood County Sheriff Sean Becker told lawmakers he and local investigators used search warrants to seize cash from cryptocurrency kiosks, returned money to victims and shared warrant templates statewide as Assembly Bill 968 passed; Becker said the Senate was expected to act soon.
Sheriff Sean Becker of Wood County told listeners that local investigators have used search warrants on unregulated cryptocurrency kiosks to recover cash taken from scam victims and that he urged state lawmakers to back bills to regulate the machines.
Becker described a three-year pattern in which scammers targeted seniors and others, and an early case in which a victim lost "around $19,000" after putting cash into a kiosk and having an electronic wallet created and seized by a remote scammer. "That cash is still evidence," Becker said, explaining the department's tactic of seeking warrants to open kiosks and recover funds so victims could…
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