Arizona Attorney General Issues Warning as Crypto ATM Scams Hit Older Adults

In brief

• Arizona Attorney General Kris Mayes launched a fraud complaint form on Monday for victims to report losses within 30 days amid a nationwide surge in crypto ATM fraud.
• The scams frequently begin with unexpected calls or texts from impostors claiming to be law enforcement or loved ones, pressuring victims to deposit cash into crypto kiosks.
• Americans reported $246 million in losses linked to crypto ATMs in 2024, with 43% of victims over age 60, according to FBI data.