The new Louisiana law enables seniors to recover $200,000 from cryptocurrency scams. The policy facilitates restitution for victims of crypto fraud. Bitcoin ATM protections include daily limits and waiting periods after scammers target elderly victims. These safeguards aim to curb losses from crypto scams affecting seniors.
Louisiana’s new law enables seniors to recover $200,000 from cryptocurrency scams, providing restitution for victims of crypto fraud. The policy clarifies avenues for recovery and supports enforcement against scammers. Bitcoin ATM protections include daily limits and waiting periods designed to deter elderly-targeted fraud.
These safeguards aim to curb losses and reduce the impact of crypto scams on seniors. Taken together, the measures reflect a heightened focus on consumer protection in digital finance, signaling that older residents have dedicated recourse when targeted by crypto fraud.
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