The FBI reports a surge in Bitcoin ATM fraud, with scammers stealing $333 million in 2025. Victims are tricked into depositing money to resolve fake issues, resulting in losses. More than 10,000 people fell victim to this type of fraud in 2025 alone.

Bitcoin ATMs are popular in the US, with over 30,000 machines in operation in 2024, making up 81.27% of global Bitcoin ATMs. The FBI’s Internet Crime Complaint Center reveals over 12,000 complaints and $333.5 million in losses from January to November 2025.

Cryptocurrency scams through Bitcoin ATMs have caused significant financial losses, totaling $114 million in 2023 and $78 million in 2022. The FTC warns the public to verify contact from banks or companies, urging caution in transactions and to avoid rushing into deals with scammers.

The FBI advises verifying phone numbers and contacting companies directly to avoid falling victim to Bitcoin ATM fraud. With reported losses increasing significantly in recent years, caution is urged in all transactions. The agency recommends not rushing into deals, as scammers often press for quick transactions.

Read more at Yahoo Finance: Bitcoin ATM Fraud Hits Record High, $333 Million Pilfered In 2025: Report