In the first half of 2025, crypto ATM scam losses reached $240 million, and multiple states in the US are tightening regulations or discussing restrictions.

DeepFlowTech · 2026-01-11T01:12:54+00:00

According to FBI data, cryptocurrency ATM scam losses are expected to reach $240 million in the first half of 2025, a significant increase. More and more cities, such as Spokane, are beginning to ban crypto ATMs, and several states are considering further regulatory measures. The United States has 80% of the world's crypto ATMs and is a key market.

DeepFlowTech

2026-01-11 01:12:54

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Deep潮 TechFlow News, January 11th, according to CNBC reports, based on FBI data, in the first half of 2025, losses caused by cryptocurrency ATM scams reached up to $240 million, approximately twice the number of similar scam cases in 2024.

More and more cities are beginning to ban cryptocurrency ATMs, especially Spokane in Washington State, which has become the largest city in the US to prohibit all crypto ATMs.

Multiple US states are tightening regulations or discussing restrictions, including Arizona, Arkansas, Vermont, and St. Paul in Minnesota, which are also considering following Spokane’s comprehensive ban.

80% of global crypto ATMs are located in the United States. From a demand perspective, the US is a huge market with a significant underserved banking population, extensive remittance channels, and a relatively high cryptocurrency adoption rate.

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