PANews, May 23: Data released by the Internet Crime Complaint Center (IC3), a division of the U.S. FBI, shows that in 2025, the IC3 received over 13,400 complaints regarding the use of cryptocurrency ATMs, with total losses exceeding $388 million. This represents a 23% increase in complaints and a 58% increase in losses compared to 2024. Over half of the complaints involved individuals aged 50 and older, with losses exceeding $302 million. Cryptocurrency ATMs are devices similar to traditional ATMs that allow users to exchange cash for cryptocurrency and vice versa. Criminals may deceive victims into sending funds through these cryptocurrency ATMs.
FBI Reports Over 13,400 Crypto Kiosk Fraud Complaints in 2025, Losses Exceed $388M
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Summary
The FBI reported over 13,400 cryptocurrency-related complaints in 2025 concerning crypto kiosk fraud, with losses exceeding $388 million. This represents a 23% increase in complaints and a 58% rise in losses compared to 2024. More than half of the victims were aged 50 or older, losing over $302 million. Scammers use kiosks to deceive users into sending funds. Authorities urge the public to understand cryptocurrency regulations to avoid falling victim to such schemes.
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