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New Oklahoma Law Cracking Down on Bitcoin ATM Scams

Summary by KFOR-TV
OKLAHOMA CITY (KFOR) – A new law is cracking down on scammers using Bitcoin ATMs to steal your money. Senate Bill 1083 was authored by Sen. Darrell Weaver (R-Moore) and Rep. Mark Lepak (R-Claremore), and it introduced ways to protect Oklahomans from falling victim to these scams. Cryptocurrency ATMs look like regular ATMs and allow people to conduct legitimate cryptocurrency transactions. However, they can also be used to carry out fraudulent ac…

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WOFL broke the news in on Wednesday, June 11, 2025.
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