Crypto ATM Fraud Hit $333 Million in the US in 2025
US crypto ATM fraud reached $333 million in 2025, driven by industrialized scam networks leveraging AI deepfakes.Summary
Crypto ATM fraud in the US surged to $333 million in 2025, with FBI complaints increasing by 33%, according to a CertiK report. Criminals exploit the speed and minimal identity verification of crypto ATMs, which account for 78% of the world's machines, to quickly extract funds via social engineering.
Victims over 60 accounted for 86% of losses due to factors like liquid savings and lower crypto literacy, though younger victims are increasingly targeted by romance or investment scams like "pig butchering." Unlike phishing, ATM fraud relies entirely on inducing the victim to physically act at a kiosk.
AI-enabled social engineering scams were 4.5 times more profitable, with real-time deepfake synthetic media representing a major escalation. Transnational criminal organizations are industrializing this extraction method, shifting from independent actors to structured operations.
(Source：Cointelegraph)