Crypto ATM Scams Surge in 2025 as Regulators Crack Down on 40,000 Bitcoin ATMs
A jury-duty phone scam in Clay County, Missouri has cost residents $3 million over two years, with victims coerced into depositing cash at Bitcoin ATMs. Washington state regulators recently shut down a major crypto ATM operator over its handling of $8 million. The global number of crypto ATMs is approaching 40,000 as governments tighten oversight. No arrests have been made in the Missouri scam cases.