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Texas county settles lawsuit over wrongful seizure of $15K from bitcoin ATM
Authorities in McLennan County have settled a lawsuit with Lux Vending, operating as Bitcoin Depot, following the wrongful seizure of $15,000 from one of its bitcoin ATMs. The lawsuit was dismissed after the county acknowledged the funds were improperly confiscated following a scam that targeted an 82-year-old Crawford woman, local media reported Thursday. The scam was reported by the elderly victim who was deceived into withdrawing $15,000 in cash and depositing it into a Bitcoin machine. This reportedly followed her falling victim to a ransomware attack initiated by a malicious email link. Legal action had ... (full story)