Citing BitPush, 2025 has seen a 99% increase in reported losses from crypto ATM scams in the U.S., with over $246 million lost, and 43% of victims being seniors aged 60 and above. Law enforcement has taken aggressive actions, including using chainsaws to destroy machines, while state attorneys general have filed lawsuits against major operators like Bitcoin Depot and Athena Bitcoin. The industry faces growing regulatory pressure, with new state-level laws imposing transaction limits, fee caps, and registration requirements.
2025 Crypto ATM Scams Surge 99%, Elderly Victims Targeted
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Summary
Crypto market losses from ATM scams jumped 99% in 2025, with over $246 million stolen in the U.S. Seniors make up 43% of victims. Law enforcement has taken direct action, including destroying machines with chainsaws. State attorneys general have sued major operators like Bitcoin Depot and Athena Bitcoin. New state laws now limit transactions, cap fees, and require registration. Crypto analysis shows the sector faces rising regulatory pressure as enforcement intensifies.
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