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Crypto ATM Scams Hit $333M in the U.S. as AI Deepfakes Fuel Fraud

Crypto ATM Scams Hit $333M in the U.S. as AI Deepfakes Fuel Fraud

  • Crypto ATM fraud losses reached US$333 million in the first 11 months of 2025, with over 12,000 complaints filed with the FBI, a 33% year-over-year increase.
  • AI-enabled scams proved 4.5 times more profitable than traditional methods, with criminals deploying real-time deepfakes and hyper-personalised social engineering to target victims, 85% of whom are aged 60 or older.
  • Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act to impose daily transaction limits of US$2,000 and mandate operator registration, while 17 states have passed comprehensive protective legislation.

Crypto ATM fraud losses in the United States reached US$333 million (AU$470 million) in the first 11 months of 2025, as…

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