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Crypto ATM scams wreak havoc. New Wisconsin law is helping change that

Crypto ATM scams wreak havoc. New Wisconsin law is helping change that

by Jacob Szczap for Wisconsin Watch, Wisconsin Watch
September 28, 2026

This story was produced in partnership with the University of Wisconsin-Madison’s Investigative Journalism class taught in the School of Journalism and Mass Communication.

Click here to read highlights from the story
  • In recent years scammers have extracted hundreds of thousands of dollars from Wisconsin residents through schemes involving crypto ATMs.
  • Wisconsin lawmakers recently passed a law that regulates crypto ATMs, and law enforcement officials say they are already noticing a reduction in scam reports.
  • The state opted not to ban the machines like in three other states in response to lobbying from the industry.

Robert Semanko told police he thought he…

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