> they often fail to refund money to victims and aggressively fight police to claw back scam money seized from machines
Why don't we just call these companies what they are, banks, and require them to follow the same "know your customer" laws that other banks do.
standeven•2h ago
What would be a legit reason to use these ATMs? A 24% exchange rate loss plus a service fee seems like it would discourage most honest users.
Nasrudith•1h ago
Lack of access to banking or familiarity with cryptocurrency mechanics? If it is the only thing they know how to use and are scammed into using it, guess what they are going to use?
tantalor•4h ago
Why don't we just call these companies what they are, banks, and require them to follow the same "know your customer" laws that other banks do.