The United States' crypto ATM scam problem is rapidly worsening. According to the latest data from the Federal Bureau of Investigation, $240 million in losses have been caused by crypto ATM scams just in the first half of this year — nearly double the amount from the same period last year, with the rapid growth attracting significant attention.
What’s more noteworthy is that local governments are starting to take action. Spokane, Washington, recently announced a comprehensive ban on crypto ATM operations, becoming the most representative case of city-level bans in the United States. This move has already set an example — states like Arizona, Arkansas, Vermont, and St. Paul in Minnesota are considering or discussing similar restrictions.
From a global perspective, the United States currently holds about 80% of the global crypto ATM market share. This highly concentrated ecosystem, combined with the surge in scam cases, is driving rapid policy adjustments. For users, this serves as both a risk warning and a sign that the compliant use of crypto assets is being redefined.
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The United States' crypto ATM scam problem is rapidly worsening. According to the latest data from the Federal Bureau of Investigation, $240 million in losses have been caused by crypto ATM scams just in the first half of this year — nearly double the amount from the same period last year, with the rapid growth attracting significant attention.
What’s more noteworthy is that local governments are starting to take action. Spokane, Washington, recently announced a comprehensive ban on crypto ATM operations, becoming the most representative case of city-level bans in the United States. This move has already set an example — states like Arizona, Arkansas, Vermont, and St. Paul in Minnesota are considering or discussing similar restrictions.
From a global perspective, the United States currently holds about 80% of the global crypto ATM market share. This highly concentrated ecosystem, combined with the surge in scam cases, is driving rapid policy adjustments. For users, this serves as both a risk warning and a sign that the compliant use of crypto assets is being redefined.