FBI: In the first half of last year, losses from cryptocurrency ATM scams reached $240 million, and multiple states are considering banning cryptocurrency ATMs

According to CNBC, based on data from the FBI, losses from cryptocurrency ATM scams have reached $240 million, nearly double the number of similar scam cases in 2024. Spokane, Washington, has implemented a comprehensive ban on cryptocurrency ATMs, becoming the largest city-level ban in the United States.

Several states in the U.S. are tightening regulations or discussing restrictions, including Arizona, Arkansas, and St. Paul, Minnesota, which are also considering following Spokane's comprehensive ban. 80% of the world's cryptocurrency ATMs are located in the United States.