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AARP urges Will County to consider limits or ban on cryptocurrency kiosks after spike in losses
Summary
AARP volunteers reported that the FBI's 2025 IC3 report shows about $11 billion in crypto-related losses and $333.5 million tied to kiosk fraud; the committee asked for sample ordinances and may consider a county-level resolution or ban.
AARP representatives told the Will County Legislative Committee that cryptocurrency kiosks pose a disproportionate risk to older residents and urged county action ranging from stricter local rules to a wholesale ban.
Al Hollandbeck, an AARP volunteer, and Courtney Hederman, AARP Illinois senior associate state director, said national and state data show cryptocurrency-related losses have surged. Hederman told the committee the FBI’s Internet Crime…
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