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Crypto ATM Fraud Doubles to $240M as Cities Ban Machines — Joe Raedle/Getty Images via Getty Images

US Crime · United States

Crypto ATM Fraud Doubles to $240M as Cities Ban Machines

75% Center coverage: 8 sources

Cryptocurrency ATM fraud cost Americans $240 million in the first half of 2025, roughly double the rate of 2024, according to FBI data, with scammers targeting elderly victims through schemes involving fake government officials and romantic interests.See the Story