Ryan Fournier: Crypto ATM scams taking billions from elderly Americans

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Crypto ATM scams cost elderly billions

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Daria Chernytska

14.05.2026

Ryan Fournier: Crypto ATM scams taking billions from elderly Americans — Crypto ATM scams cost elderly billions

Ryan Fournier highlights rising concerns over crypto ATM scams targeting elderly Americans and resulting in billions of dollars in losses.

He notes that law enforcement officials argue the Clarity Act could undermine existing protections for scam victims, reducing refund provisions and removing fraud detection requirements. The sheriffs' association has also raised alarms about these potential changes.

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Fournier has previously commented on significant milestones in financial markets. He noted when the S&P 500 climbed past 7,130 to a record high. In another report, he cited claims that Trump delivered $30-$40 billion to the U.S. through an Intel deal.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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