Recently, the FBI issued the latest warning to remind everyone to be alert to a new type of scam involving cryptocurrency ATMs. The scammer asks the victim to deposit cash in a cryptocurrency ATM, and then uses the QR code wallet address (via an exchange) to send the cryptocurrency purchased by the victim to them.
Despite the use of cryptocurrency, the tricks used by scammers to lure victims are still the same. False promises to give certain benefits, or pretend to be a bank to defraud the victim’s trust. Trick them to send money in some way.
In this example, the FBI revealed that scammers sometimes give petty gains, and then send them to an encrypted currency ATM machine that supports reading QR codes. Once the victim enters the set and sends a QR code to the scammer, the machine will send any amount of cryptocurrency purchased by him to the scammer’s wallet address.

After the victim realizes that he has been deceived, the decentralized and anonymous nature of cryptocurrency will make it almost impossible to trace and recover the loss in the follow-up.
In view of this, the FBI has taken the trouble to publicize various anti-fraud cases to the public. But the best anti-fraud method is to never send money to an unknown person through any form of wire transfer.