EPISODE · Jun 8, 2026 · 1 MIN
Tennessee Bans Crypto ATMs to Stop Scams
from Memphis News Today | 2 Min News | The Daily News Now!
Tennessee is cracking down on crypto ATM scams that’ve stolen millions—especially from seniors—with a new law banning these machines statewide starting July 1. Fraudsters exploit the convenience of crypto ATMs found in gas stations and convenience stores, luring victims into losing life savings. In 2025 alone, Tennesseans lost over $15 million, ranking the state among the nation’s worst. Law enforcement and advocates like AARP have pushed for this ban, and now local police will actively hunt down and shut down these illegal machines to protect vulnerable citizens. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/556bd691375567ca
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Tennessee Bans Crypto ATMs to Stop Scams
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