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flag Scammers stole $333 million from Americans in 2025 using bitcoin ATMs, up from $250 million in 2024, due to fast, irreversible transactions and rising crypto use.

flag Scammers stole $333 million from Americans in 2025 using bitcoin ATMs, according to the FBI, a sharp rise from $250 million in 2024. flag The increase is tied to the growing use of cryptocurrencies and the machines’ fast, irreversible transactions, which fraudsters exploit to collect funds globally. flag Over 45,000 bitcoin ATMs nationwide make recovery nearly impossible. flag In September, Washington, D.C.’s attorney general sued Athena Bitcoin, alleging 93% of its district transactions were fraudulent and victims were mostly elderly. flag Athena denied the claims, citing safeguards like warnings and education. flag Advocacy groups and at least 17 states are pushing for stricter rules, including daily limits, and some cities have banned the machines.

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