Bitcoin ATM Fraud Hits Record High, $333 Million Pilfered In 2025: Report
Posted On January 4, 2026
The FBI has revealed a drastic surge in Bitcoin (CRYPTO: BTC) ATM fraud, with swindlers making off with $333 million in 2025.
Scammers have been found to impersonate a bank or a company, flagging purported suspicious activity on the victim’s account. They then instruct the victim to deposit money into a Bitcoin ATM to secure their funds or rectify the issue. The deposited money, however, lands in the scammers’ account.
Bitcoin ATMs have seen a rapid rise in popularity in the US, with …