Crypto Kiosks Used in Scams Targeting Older Adults, FinCEN Says
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to monitor suspicious transactions involving convertible virtual currency (CVC) kiosks. This follows a rise in scams and other illicit activity tied to these machines. Crypto Kiosks Draw Criminal Use In the notice, released Monday, FinCEN said that while CVC kiosks…