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How some grey-market crypto ATMs in Hong Kong can turn users into fraud victims
SCMP Business
September 5, 2026
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Inside a tiny self-service laundromat in Quarry Bay in the east of Hong Kong Island, next to a wall of washing machines, stands a waist-high cryptocurrency terminal with signs reading “Elon Musk recommends Dogecoin” and “Buy bitcoin in one minute”. In order to obtain Dogecoin through the ATM, custom
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