New Hampshire Warns Residents of Bitcoin Scam Calls

According to PANews, the New Hampshire Treasury Department issued a warning on May 13, urging residents to be cautious of scam calls impersonating government officials. These scammers use fake official phone numbers and claim that the victim's identity has been stolen, attempting to persuade them to transfer funds via Bitcoin to 'protect' their assets. The Treasury Department emphasized that government agencies will never request payments or transfers in Bitcoin and advised individuals to hang up immediately and report such calls to the FBI's Internet Crime Complaint Center. This warning follows the recent passage of the nation's first 'Strategic Bitcoin Reserve' bill on May 6, which allows the state treasury to allocate up to 5% of public funds into Bitcoin and other cryptocurrencies with a market capitalization exceeding $500 billion.