Been told to pay at a Bitcoin ATM? Read this first
ESET details Bitcoin ATM impersonation scams; FBI logged 13,460 incidents costing victims $389 million in 2025, mostly hitting people over 50.
ESET explains how fraudsters phone victims impersonating police, government officials, or support agents, frighten them about account compromise, and direct cash deposits into crypto ATMs via attacker-supplied QR codes. FBI data shows 13,460 complaints and $389 million in losses during 2025, up 23% in volume and 58% in losses over 2024. Victims over 50 lost more than $302 million, with those over 60 accounting for $257.4 million. Crypto ATM transactions are effectively irreversible, making recovery very unlikely.
- FBI logged 13,460 Bitcoin ATM scams with $389 million losses in 2025
- Scammers impersonate officials, create urgency, and direct cash deposits via QR codes
- Victims over 50 lost $302 million; over-60s lost $257.4 million
- Crypto ATM payments are effectively irreversible; recovery scams often follow
From the original article
5 min read at welivesecurity.com
Crypto ATM scams often follow a predictable script – here’s how to recognize it and what to do if you’ve already been caught out
welivesecurity.com
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