CFTC Warns Crypto ATM Scams Drove $388M in Losses
5 Articles
5 Articles
Key points of the news: The FBI's Internet Crime Complaints Center (IC3) recorded more than 13,460 complaints and $388.9 million in losses related to cryptocurrency kiosks in 2025. Economic losses associated with this modality grew by 58% compared to the records of 2024. Victims over the age of 50 concentrated more than $302 million of the total stolen during the period analyzed. The Commission for Negotiation of the Futures of Basic Products (C…
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 …
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