Hardware

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’

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The FBI says Americans lost at least $333 million to Bitcoin ATM scams in 2025, as the cryptocurrency has continued to gain popularity for use in fraudulent transactions. The law enforcement agency told CNBC that this is a “clear and constant rise” that is “not slowing down.” Reported losses to crypto ATM scams first broke $100 million in 2023, with the amount hitting $114 million — this then doubled the following year to $247 million. While the reported losses in 2025 weren’t as huge a…

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