In brief
- Texans reported $56.8 million in crypto kiosk losses in 2025, more than any other state, across 1,179 FBI complaints.
- National losses rose 58% to $389 million from 13,460 complaints.
- Indiana, Tennessee and Minnesota have banned Bitcoin ATMs outright.
Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints the bureau logged nationally in 2025, a year in which reported losses to the machines rose 58% to $389 million.
The kiosks take cash and convert it to crypto, and sit in gas stations and convenience stores. The Texas Tribune counts about 4,000 across the state. Scammers…
