Business Insider | The Federal Bureau of Investigation reports that scammers stole more than $333 million from victims using Bitcoin ATM fraud in 2025.

The FBI's Internet Crime Complaint Center (IC3) reported receiving more than 12,000 complaints of fraud involving bitcoin ATMs by the end of November 2025. The monetary losses had exceeded $333.5 million, an increase over 2024 totals of $247 million.

With over 30,000 machines, the United States accounts for about 81% of the world’s bitcoin ATMs, also called crypto kiosks.
In bitcoin ATM fraud cases, scammers typically impersonate a company or a bank, warning the target of missing payments or suspicious account activity. They guide the target to deposit money into a bitcoin ATM, which then routes it directly to the scammers.
According to the FTC, bitcoin ATM fraud accounted for $114 million in reported losses in 2023 and $78 million in losses in 2022. Victims 60 and over accounted for 71% of the reported losses using bitcoin ATMs in the first half of 2024.

STAY SAFE: PROTECT YOURSELF FROM ATM SCAMS

Pay close attention any time you’re contacted by a bank, company, or law-enforcement agency about an unexpected issue.
Hang up and call a verified phone number — like the one on the back of your credit card — to reach out directly to companies that initiate contact with you. Scammers can also manipulate your caller ID.
Stop, slow down, and contact a friend or family member for a reality check. Scammers purposely create a sense of urgency and fear to get money quickly.
Bitcoin ATMs are not a typical or “new way” to pay bills or fines. Government agencies won’t ask you to send them your money to protect it.

Full article: Bitcoin ATM fraud hits record $333 million: FBI