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Mayor warns of crypto‑ATM scams, urges regional coordination and legal review
Summary
Mayor Michael J. Ryan raised concerns about crypto kiosks operating like ATMs after national reporting and local complaints, citing an incident where an elderly resident lost tens of thousands. He asked staff, the police chief and the city attorney to coordinate countywide research and legal analysis on enforcement and registration options.
Mayor Michael J. Ryan used his closing remarks at the Dec. 9 Sunrise City Commission meeting to flag a surge in consumer‑scam complaints tied to crypto kiosks—ATM‑style machines that convert cash to cryptocurrency.
Ryan described recent national reporting showing victims depositing large sums into kiosks while scammers coached them by phone. He relayed a local incident in which an elderly man…
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