Crypto
Portland police alert public to court scam involving cryptocurrency – Newport Dispatch
PORTLAND — The Portland Police Department is warning residents about a scam where callers, posing as officials from the Cumberland County Sheriff’s Office, claim that the victims are in contempt of court for failing to appear as witnesses in a trial.
The scammers then demand payment of a substantial fine to avoid further charges, including arrest.
Victims are being instructed to make payments through Coinstar machines using Dogecoin or other cryptocurrencies.
The phone number used for the scam calls, when searched on Google, appears to be associated with the Cumberland County Courthouse.
Authorities urge anyone who receives such calls not to engage with the scammer.
Instead, they should contact the courthouse directly at 207-822-4200 to verify the legitimacy of the call.
Officials have clarified that the courthouse will never request payments over the phone.
PHOENIX (AZFamily) — Cryptocurrency is appearing on more holiday wish lists as gift-givers look for alternatives to traditional presents.
A new survey from the National Cryptocurrency Association and PayPal shows 24% of Americans have given or are considering giving cryptocurrency this holiday season.
The survey also found that 17% of consumers would rather receive cryptocurrency than a gift card, and 31% of Americans believe crypto gifts are less likely to go unused than gift cards.
“It’s actually a trending holiday gift, especially compared to gift cards,” said Ali Tager, a spokesperson for the NCA. “We know crypto is becoming increasingly mainstream.”
Tager said people like receiving cryptocurrency because it has the potential to increase in value.
“There’s so much you can do with this technology and it’s still in its early days,” she said.
Financial advisor Angelica Prescod said there are other investment options to consider for gift-giving.
“One of them is just gifting people something simple. Maybe some shares of some stocks that you may already have, that you are gifting over, or you can give them the cash to do so and open up their own account and feel involved in the process,” Prescod said. “For most folks [cryptocurrency] is not really the go to.”
Gift-givers can also contribute to 529 plans for college and other education expenses.
“It’s that gift that potentially can keep on giving,” Prescod said.
For those still interested in giving cryptocurrency, experts recommend doing research first.
“Like with everything, anywhere, you always want to do your research. You want to make sure to verify your sources. You never want to take financial advice from strangers or click on random links that you receive,” Tager said.
The National Cryptocurrency Association offers a crypto simulator that helps users learn how to choose an exchange, set up a wallet, and send and receive cryptocurrency without spending real money.
See a spelling or grammatical error in our story? Please click here to report it.
Do you have a photo or video of a breaking news story? Send it to us here with a brief description.
Copyright 2025 KTVK/KPHO. All rights reserved.
Crypto
Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens
Heisman Trophy voter blasts Vanderbilt’s Diego Pavia for F-bomb remark in fiery column: ‘Punk move’
The fake refund scam: Why scammers love holiday shoppers
Senators dig into FCC chairman’s role in Jimmy Kimmel controversy
Latinos continue to be underrepresented in streaming shows, new UCLA report finds
The Unlikely Rise and Uncertain Future of Lockheed Martin Streetwear
Florida High School Football Rankings: Top 25 teams – Oct. 21
Cleary's 21 help Le Moyne down Central Connecticut State 69-64 in OT
How old is Bo Nix? What to know about Oregon quarterback ahead of 2024 NFL Draft
99th annual Pony Swim held in Virginia
Video: ‘It Didn’t Have to Happen This Way:’ U.Va. Faculty Call for Review of Police Response to Protests
European Parliament asks for EU funds to finance abortions abroad
FBI Deputy Director Dan Bongino says he will step down in January
Video: Man on Roof Faces Off with ICE Agents for Hours in Minnesota
Maryland to study slavery reparations after lawmakers override Dem governor’s veto
Louvre reopens partially after workers extend strike in aftermath of heist
-
Iowa3 days agoAddy Brown motivated to step up in Audi Crooks’ absence vs. UNI
-
Washington1 week agoLIVE UPDATES: Mudslide, road closures across Western Washington
-
Iowa4 days agoHow much snow did Iowa get? See Iowa’s latest snowfall totals
-
Maine1 day agoElementary-aged student killed in school bus crash in southern Maine
-
World1 week ago
Chiefs’ offensive line woes deepen as Wanya Morris exits with knee injury against Texans
-
Maryland3 days agoFrigid temperatures to start the week in Maryland
-
Technology7 days agoThe Game Awards are losing their luster
-
South Dakota3 days agoNature: Snow in South Dakota
