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Kansas family loses $20K in crypto ATM scam as regulators step in

Kansas regulators are examining the role of banks and cryptocurrency ATMs in a growing number of fraud cases after a family in Linn County lost $20,000 in a scam that started with a single message on a tablet. KMBC 9 explores records, interviews and law enforcement data reviewed in the case that show how quickly financial scams can escalate and how difficult it can be to recover funds once converted to cryptocurrency.

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