FBI data reported to national outlets show approximately $333.5 million in losses tied to bitcoin and crypto ATM scams from January through November 2025, a notable increase from about $250 million in 2024. Authorities warn that the speed and irreversibility of ATM crypto transfers make them attractive to scammers and have prompted regulatory and legal responses.

Federal Bureau of Investigation figures shared with national media indicate that fraud involving bitcoin and other crypto ATMs surged in 2025, with roughly $333.5 million in reported losses between January and November. The rise from about $250 million in 2024 is being attributed to social-engineering schemes that coerce victims into making rapid, irreversible crypto withdrawals at ATM locations and converting funds through instant exchanges. Law enforcement and consumer advocates say the combination of urgency, hard-to-trace conversion paths, and limited recovery options encourages criminals to exploit victims across demographics. State and local regulators have responded with increased scrutiny, proposed licensing requirements for ATM operators, and enforcement actions aimed at operators whose machines facilitate fraudulent transfers. Victim assistance groups are also pressing for clearer warnings, better operator due diligence, and stronger cooperation from on-ramps and exchanges to freeze or trace suspect funds before they are fully laundered.