CFTC Warns Crypto ATM Scams Drove $388M in Losses

CFTC warns crypto ATM scams drove $388M in losses

The CFTC warned consumers about irreversible crypto ATM payments after FBI data showed over $388 million in reported 2025 losses.

'Probably a Scam': CFTC Issues Crypto ATM Warning After $388 Million Loss

CFTC warns crypto ATM transfers are ‘probably a scam’ after FBI reports a $388M crisis with a 58% spike in consumer losses.

Crypto ATM Scams Resulted in $388 Million Losses, CFTC Warns

The CFTC warned US consumers about scammers using crypto ATMs, gift cards, couriers and other hard-to-reverse payment methods. FBI data showed more than 13,400 cryptocurrency kiosk complaints and $388 million in reported losses in 2025, with older adults accounting for a significant share of the cases and losses.

CFTC Flags Crypto ATM Risks As FBI Data Shows Scam Losses Nearly Double

BitcoinWorld CFTC Flags Crypto ATM Risks as FBI Data Shows Scam Losses Nearly Double The U.S. Commodity Futures Trading Commission (CFTC) has issued a public warning about the risks associated with cryptocurrency ATMs, highlighting the irreversible nature of transactions and the potential for these machines to obscure the identities of counterparties. The advisory, reported by Crypto Briefing, comes as crypto ATMs become increasingly prevalent …