The New York Times | Fraud losses involving crypto ATMs totaled $246.7 million in 2024. By the end of July 2025, losses had already reached $240 million according to FBI estimates.

CA.gov | California has taken action against multiple crypto kiosk operators for violations including excessive fees and exceeding the state’s $1,000 daily transaction limit.

CNN | Every day, scammers manipulate people into believing they owe money. The scammers direct them to crypto ATMs to pay. And the owners of those machines profit.

ABC7 - KGO | The voice on the phone sounded like his son. He’d been arrested. An attorney directed him to pay a $15,000 bail at a nearby Bitcoin ATM. But it was a scam.

CBC News | An investigation of the crypto ATM industry in Canada showed that the machines have become the main way scammers get money from fraud victims in Canada.

WCSC Live 5 News | Crypto ATM kiosks allow people to put cash into the machine and receive some kind of cryptocurrency. But they’re used for fraud 99.5% of the time.