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Crypto ATM sting uncovers elderly widow who lost $281K in a scam

cryptoweekly by cryptoweekly
June 26, 2025
in bitcoin, News
0

One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs.

Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. 

One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC, said on Wednesday.

Australian public broadcaster ABC reported the widow was unaware that the Belgian man she’d been dating online for two years was a fraud until police showed up at her door.

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  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality
  • Russian government readies tougher rules for miners
  • ‘Crypto Week’ ushers in big change: What happens now?
  • Spot Bitcoin ETFs gains $363M, extend 12-day inflow streak to $6.6B
  • They trusted a sealed wallet from TikTok, and it cost them $6.9M
  • Ether preps record short squeeze as analysis sees $4K ETH price 'soon'

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