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FinCEN Sounds Warning on Virtual Currency Kiosk Scams

FinCEN Sounds Warning on Virtual Currency Kiosk Scams

The Treasury Department is warning financial institutions to watch for scams involving convertible virtual currency (CVC) kiosks. [contact-form-7] While these kiosks can offer consumers an easier way to access CVC, they are also exploited by scammers and other criminals, the department’s Financial Crimes Enforcement Network (FinCEN) said in a notice issued Monday (Aug. 4). “Criminals are relentless in their efforts to steal [...]The post FinCEN Sounds Warning on Virtual Currency Kiosk Scams appeared first on PYMNTS.com.

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