The FBI reported on Friday that Americans lost over $388 million in 2025 due to scams involving cryptocurrency kiosks, a nearly 60% surge from 2024. Crypto kiosks are physical terminals resembling ATMs that allow users to buy or sell crypto with cash or debit cards, often placed at gas stations and convenience stores. Scammers instruct victims to deposit cash at these kiosks, which then transfers funds to attacker wallets. The FBI received over 13,400 complaints in 2025, with people over 50 accounting for more than half and losses over $302 million. Texas, Florida, and California had the highest complaint numbers and losses. In response, states like Minnesota, Indiana, and Tennessee have passed bans on crypto kiosks. The FBI advises not to send money to online-only acquaintances, avoid scanning unknown QR codes, verify phone calls directly, and never share personal info. It also warns against government imposters demanding crypto payments and recommends stopping transactions if a kiosk operator flags fraud.

Key facts

• Americans lost over $388M to crypto kiosk scams in 2025, a 58% increase from 2024.
• FBI received 13,400+ complaints; over half involved victims aged 50+.
• Texas, Florida, and California reported over $112M in losses across 3,300+ complaints.
• States like Minnesota, Indiana, and Tennessee have passed bans on crypto kiosks.
• FBI advises against sending money to online-only contacts and verifying calls directly.