News & Analysis as of

Cryptocurrency Consumer Fraud Scams

Cozen O'Connor

Iowa Takes a Swipe at Crypto ATMs for Alleged Role in Consumer Scams

Cozen O'Connor on

Iowa AG Brenna Bird sued cryptocurrency ATM operators Lux Vending, LLC, and Bitcoin Depot Operating, LLC (collectively, “Bitcoin Depot”) and GPD Holdings LLC d/b/a CoinFlip (“CoinFlip”) for allegedly failing to protect...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #317 – Social Media Fraud Increased in 2021

The Federal Trade Commission (FTC) recently released data showing that more than 95,000 consumers reported losses totaling $770 million from fraud schemes that started on social media. ...more

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