Bitcoin ATM fraud hits record $333 million, FBI says

The FBI reports about $333 million in losses tied to bitcoin ATM scams from January–November 2025 and over 12,000 related complaints; FTC data show reported losses have more than doubled since 2022.

The FBI says bitcoin ATM fraud reached a record level in 2025, with reported losses of about $333 million. This figure covers January through November 2025, according to the Internet Crime Complaint Center (IC3). The FBI also reported more than 12,000 bitcoin ATM-related complaints in that period. Data from the Federal Trade Commission show reported bitcoin ATM losses were substantially lower in prior years, indicating an upward trend. Key facts: - The FBI/IC3 reported over $333 million in monetary losses from January–November 2025 and over 12,000 complaints in that span. - FTC figures show reported bitcoin ATM losses of $114 million in 2023 and $78 million in 2022, meaning reported losses have more than doubled since 2022. - Earlier FTC data indicated older adults were disproportionately affected: victims 60 and over accounted for 71% of reported bitcoin ATM losses in the first half of 2024. Summary: Reported losses and complaint counts rose notably in 2025, reflecting a growing number of bitcoin ATM-related incidents. Undetermined at this time.