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In Part 1, I exposed how Bitcoin ATMs take 30-40% of scam victims' money through hidden markups. In Part 2, I investigate who's profiting from this system.

Meet Brandon Mintz—Forbes 30 Under 30 honoree, CEO of Bitcoin Depot, operator of 8,000+ Bitcoin ATMs across North America. When confronted with evidence that 98% of his Iowa customers were scam victims, here's what he told a podcast host about who uses his machines.

I'm going to dismantle his claims, one by one. And I'm doing it from an actual horse pasture—because Brandon's serving us horseshit in silver bowls, and I'm going to prove it.

Then I'll show you what Bitcoin Depot really does when law enforcement tries to help scam victims: they sue to keep the money. 

So yes, this is my investigative journalism meeting my personal mission. And by the end, you'll understand exactly who profits when victims pay.

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