York Regional Police say dozens of victims have funnelled $340,000 in cash into Bitcoin ATMs in a scam sweeping the region. "They say there's a warrant for your arrest, and York Regional Police will be giving you a call shortly." Tracking money impossiblePolice say Bitcoin ATMs are legitimate, however, the nature of the currency means that once the conversion is made, following the money becomes practically impossible. York Regional Police say they are unable to trace Bitcoin transactions due to the secretive nature of the currency. (Roslan Rahman/AFP/Getty Images)"There really isn't anything at this point, it's a one way street," said York Regional Police Det.

Source: CBC News November 08, 2017 20:03 UTC