Spokane County Bans Crypto Kiosks
The county action targets machines linked to scams that often affect older adults.
Spokane County commissioners unanimously approved a rule Tuesday that stops businesses from keeping crypto kiosks, also called Bitcoin ATMs, inside stores. Machines already operating in the county must be taken out within 60 days, or the county can classify them as a nuisance.
The decision focuses on scams that disproportionately hit older adults. A person may put cash or bank details into one of these machines, converting the funds into cryptocurrency sent to a digital wallet. Spokane County Prosecutor Preston McCollam said fraudsters often pose as law enforcement or bank workers, then pressure people by phone to make a rushed visit to a kiosk at a convenience or grocery store.
The measure covers unincorporated Spokane County. Spokane, Spokane Valley and Airway Heights have already taken similar steps. FBI data cited at the meeting says kiosk scams cost Americans $389 million in 2005, including more than $300 million reported by victims over 50. With fewer machines nearby, a targeted resident may have more time and distance to check with family or law enforcement before sending money.
- Existing kiosks must be removed within 60 days.
- The rule covers unincorporated Spokane County.
- The vote was unanimous.
- Americans lost $389 million to kiosk scams in 2005.
Source: The Spokesman-Review ↗
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