San Antonio Police Department (SAPD) issued a warning on June 16, 2026, against Bitcoin scams involving fraudulent court officials and Bitcoin ATMs, citing a 22% month-over-month increase in reported incidents, according to a local news report. The alert coincides with heightened regulatory scrutiny of cryptocurrency transactions, as the digital asset’s market cap fell 8.3% in the week prior to the warning, per CoinMarketCap data.
The SAPD’s advisory highlights a growing risk for retail investors, as scammers exploit the anonymity of Bitcoin to impersonate official entities. This follows a