According to ME News, on May 23 (UTC+8), the 2025 Internet Crime Complaint Center (IC3) received over 13,400 complaints involving cryptocurrency ATMs, with associated losses exceeding $388.9 million—a 23% increase in complaints and a 58% increase in losses compared to 2024. Individuals aged 50 and older accounted for more than half of all complaints, suffering losses exceeding $302 million. Texas, Florida, and California recorded the highest number of complaints, with 1,179, 1,213, and 978 cases respectively; Texas also suffered the highest financial loss at $56.8022 million. The FBI stated that scammers typically direct victims to withdraw cash and complete transfers via cryptocurrency ATMs. (Source: ChainCatcher)
In 2025, U.S. crypto ATM fraud complaints exceeded 13,400, with losses nearing $389 million.
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Summary
In 2025, the crypto market’s Fear & Greed Index reflected heightened volatility, as the IC3 received over 13,400 complaints regarding crypto ATMs, with losses approaching $389 million. Complaints increased by 23% from 2024, and losses surged by 58%. More than half of the reports were filed by victims aged 50 and older, who lost over $302 million. Texas, Florida, and California recorded the highest number of complaints, with Texas alone reporting $568.02 million in losses. Scammers frequently lure victims to crypto ATMs to facilitate cash withdrawals and transfers.
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