FBI: Crypto ATM Scams Cost Americans More Than $388 Million in 2025

Summary

The FBI says it received more than 13,400 complaints about cryptocurrency kiosk scams in 2025, with reported losses exceeding $388 million. It warned that scammers direct victims to deposit cash into attacker-controlled wallets.

Key points

• The FBI’s IC3 received more than 13,400 complaints involving cryptocurrency kiosks in 2025, reporting losses of over $388 million—58% higher than in 2024.
• More than half of the complaints involved people over 50, with reported losses exceeding $302 million.
• Scammers reportedly instruct victims to withdraw cash, find a kiosk, and deposit funds that are sent to attacker-controlled crypto wallets.
• Texas, Florida, and California together reported more than 3,300 complaints and over $112 million in estimated losses.
• The FBI advises people to verify suspicious calls directly, avoid payment instructions from strangers, and stop transactions if a kiosk operator warns of fraud.
• Minnesota, Indiana, and Tennessee have moved to ban cryptocurrency kiosks.