Odaily Planet Daily reports that the U.S. CFTC has warned that scammers are increasingly targeting victims through cryptocurrency ATMs, gift cards, unfamiliar apps, and courier delivery services to induce fund transfers. FBI data shows that losses related to cryptocurrency ATM scams in 2025 exceeded $388 million, a 58% year-over-year increase. The U.S. CFTC advises that government agencies, legitimate financial institutions, or trusted businesses will never request transfers via cryptocurrency ATMs, gift cards, or courier services—any such instruction should be immediately paused and independently verified.
2025 crypto ATM fraud losses exceed $388 million, up 58% year-over-year, warns U.S. CFTC
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Summary
On-chain data reveals that crypto ATM fraud losses in 2025 exceeded $388 million, a 58% increase from 2024, according to U.S. CFTC data. Scammers are using ATMs, gift cards, and courier services to siphon funds. The CFTC emphasized that government crypto regulators and trusted institutions will never request transfers via these methods and urged users to independently verify all such requests.
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