FBI: Crypto ATM Scams Caused $240 Million in Losses in the First Half of Last Year, Multiple States Considering Banning Crypto ATMs

Techub News reported, according to CNBC, based on data from the U.S. Federal Bureau of Investigation (FBI), losses from cryptocurrency ATM scams reached $240 million in the first half of 2025, approximately double the number of similar scam cases in 2024.

Currently, Spokane, Washington has implemented a comprehensive ban on the installation of crypto ATMs, making it one of the first cases of such a ban in the United States. Furthermore, multiple states across the U.S. are tightening regulations or discussing restrictive measures, including Arizona, Arkansas, Vermont, and St. Paul, Minnesota, which are also considering following Spokane's lead with a comprehensive ban.