Town warns about 'crypto scams' that have hit more than two dozen seniors

Over the past two years, more than 25 Arlington residents have come forward to the Arlington Police Department to report being victims of cryptocurrency scams, with combined reported losses totaling more than $1 million, according to information released by the town. The Arlington Police Department and Arlington Council on Aging issued an alert to residents about a form of fraud that is targeting older adults: scams involving cryptocurrency ATMs, sometimes referred to as "Bitcoin ATMs." "These scams are particularly concerning because they often involve significant financial losses, and once money is converted to cryptocurrency and transferred to a scammer, it Source: https://yourarlington.com/2026/08/town-warns-about-crypto-scams-08142026/