Americans lost $333 million to Bitcoin ATM fraud in 2025 — FBI says there is a ‘clear and constant rise’ of this scam, and that it is ‘not slowing down’

The FBI reports that Americans lost $333 million to Bitcoin ATM scams in 2025, with a continuous increase in fraudulent activity. Losses to crypto ATM scams have been steadily rising, with reported losses hitting $247 million in 2024. Scammers often target older victims, leading to significant financial losses. Authorities are taking action against cryptocurrency ATM providers, with one company facing a lawsuit for facilitating fraudulent transactions. The rise in crypto ATM scams is not limited to the U.S., as Australian authorities also note an increase in scam cases.