A new law requires cryptocurrency ATMs to include safeguards against scammers, who are often targeting older adults.

In 2025, older victims of scams lost nearly $40,000 on average, and getting people to feed their money into cryptocurrency ATMs has been an especially attractive method for some scammers.

“The amount of money lost through these scams has been going through the roof,” Christina FitzPatrick, State Director at AARP New Hampshire, said.

FitzPatrick said the cryptocurrency scammers use the usual techniques to deceive a potential victim – impersonating someone like a bank official and telling the person they need to urgently deposit money in a cryptocurrency ATM or something will go…