Middlesex sheriff warns of bitcoin scam after Medford resident loses $7,500
The Middlesex sheriff is warning residents about a bitcoin scam after a Medford resident reportedly lost $7,500. The warning highlights the financial risks of cryptocurrency-related fraud targeting local residents.
The Boston Globe
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Aug 29, 2026 at 2:41 AM UTC · 1 Min. Lesezeit
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bitcoin
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BTC-2.09%$77,647
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Middlesex Sheriff Peter J. Koutoujian is warning residents of a bitcoin scammer impersonating law enforcement officers after a Medford resident lost $7,500, the department said in a statement.
The victim, who was not identified, received a call from a person saying they had a warrant for the resident’s arrest for failure to show up to jury duty, Koutoujian’s office said Thursday.
The impersonator then texted the victim a copy of a fake warrant, before directing them to pay a fine via bitcoin.
Law enforcement officials will never threaten arrest, or demand a payment of a fine or fee over the phone, Koutoujian and Medford Police Chief Jack Buckley said in the statement.
State agencies and offices don’t accept bitcoin, cryptocurrency or gold as payment for an outstanding fine or fee, the statement said.
Residents who receive these calls should hang up and call the main line to the department the caller claims to be from.
Bitcoin moved from $62,822 to $77,646.7 over the last 30-day period, a gain of 23.6 percent.
Source: Kraken · NewsLayer Markets · Updated vor ein paar Sekunden
“These perpetrators are using the fear of arrest to convince residents to pay thousands of dollars to avoid incarceration,” Koutoujian said. ”That’s why it’s imperative we continue efforts alongside our law enforcement partners, councils on aging and others to spread the word about these scams.”
Buckley a noted that billions of dollars are lost every year to scams like these and that scammers often prey on some of the most vulnerable members in the community.
“We have a responsibility to continue educating our residents and reminding them that legitimate law enforcement agencies will never demand payment over the phone,” Buckley said. “If something doesn’t feel right, hang up and call the agency directly.”
Adam Sennott can be reached at adam.sennott@globe.com.
Schnelle Antworten
What happened in the Medford bitcoin scam?
A Medford resident reportedly lost $7,500 in a bitcoin scam, prompting a warning from the Middlesex sheriff.
How much money was lost in the reported bitcoin scam?
The reported loss was $7,500.
Who issued the warning about the bitcoin scam?
The Middlesex sheriff issued the warning.
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Originally reported by The Boston Globe
NewsLayer coverage based on externally reported material.
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