Identity · 117 days ago
Crypto kiosks are no longer just a scam tool. They are becoming a visible liability for the businesses that host them, because the losses are large enough to push consumer fraud into state-level bans and venue risk. Standard anti-fraud messaging does not address the regulatory and reputational exposure now attaching to kiosk locations.
The FBI says IC3 received more than 13,400 complaints in 2025 tied to cryptocurrency kiosks, with losses over $388 million. That is a 23% increase in complaints and a 58% increase in losses from 2024, and more than half of the complaints involved people over 50. Minnesota has now banned crypto kiosks statewide, after Indiana and Tennessee moved first.
The pattern is shifting from isolated victim reports to direct policy action. Retailers and convenience stores that host these machines may become the choke point for repeated scams, and that pressure is likely to spread beyond the FBI warning itself.
3 sources covering this story
The Record from Recorded Future
Texas, Florida top list of states reporting millions of dollars lost through crypto ATMs
In most complaints, victims said they were given detailed information by fraudsters on how to take money from their bank account, where to find a cryptocurrency kiosk and how to send the funds.
FBI: $388 million lost in crypto ATM scams in 2026 - Help Net Security
The FBI warned about rising crypto ATM scams after IC3 received 13,400 complaints linked to losses exceeding $388 million.
FBI: Americans lost over $388 million to scams using crypto ATMs in 2025
The FBI says Americans have lost over $388 million last year to scams using cryptocurrency kiosks, also known as crypto ATMs or Bitcoin ATMs.
Part of the PlainSec briefing for 2026-05-21