Crypto ATMs or kiosks are the “lowest-friction extraction channel available to scammers,” said cybersecurity firm CertiK.
Crypto ATM fraud surged to $333 million in the US in 2025, with complaints received by the FBI growing 33% in the year as scam networks became more industrialized while tapping into advanced AI deepfake technology.
Crypto ATM fraud is one of the fastest-growing financial crime categories in the US, according to cybersecurity firm CertiK in its latest report shared with Cointelegraph on Thursday, explaining that criminal organizations are exploiting the “speed and pseudonymity” of crypto ATMs or “kiosks” to extract funds from victims at an accelerating pace.
The FBI recorded more than 12,000 complaints between January and November 2025, also a 33% increase from the prior year. The US accounts for 78% of the world’s 45,000 cryptocurrency machines, said CertiK.
