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Crypto ATM Scams Resulted in $388 Million Losses, CFTC Warns

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The CFTC warned US consumers about scammers using crypto ATMs, gift cards, couriers and other hard-to-reverse payment methods. FBI data showed more than 13,400 cryptocurrency kiosk complaints and $388 million in reported losses in 2025, with older adults accounting for a significant share of the cases and losses.

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