Scams and fraud

A State Just Banned These Machines to Stop Elder Scams

August 10, 2026 · 0:54

If someone tells your mom to move cash into a Bitcoin machine, the machine is the scam. One state banned them outright.

Full transcript

If your mom gets a call telling her to move cash into a Bitcoin machine to fix an emergency, that machine is the scam. Every time, the whole state just proved how bad it got. On August 1st, Minnesota banned crypto cash kiosks after older folks there lost close to a million dollars, and 86% of that hit people over 60.

Here's the play they run on your parent. A warrant. A grandkid in jail.

A frozen account. Panic first. Think later.

Then, go to the store and feed the machine. No real agency takes payment in crypto. Ever.

The fix your family can set today is one rule. Any urgent money move waits until a second person hears it first. That one rule kills most of these.

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Where these numbers come from

Every figure in the script was checked against a named source before it was recorded.

  • Minnesota Department of Commerce and AARP Minnesota, crypto kiosk ban SF 3868, effective August 1 2026 (aarp.org).

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