Canadian police are once again ringing the alarm about Bitcoin ATM scams. This time, Winnipeg authorities identified a fraudulent scheme that tricks gullible victims into sending Bitcoin to a different address.
Manitoba Post reports that there are posters plastered on Bitcoin cash machines, which warn users about an ongoing software upgrade. Hence, they are supposed to scan a QR code on the poster instead of their own. As ridiculous as it sounds, the instruction sounds legitimate enough for uninitiated newbies to fall into the trap.
Moreover, it is not a coincidence that they decided to embolden the part about lower fees if to consider that ATMs tend to charge considerably more compared to crypto exchanges.
It was confirmed that these posters were not associated with local ATM operators.