Texas, US Cryptocurrency ATM Fraud Losses Reach $56.8 Million, Lawmakers Consider Stricter Restrictions
According to Decrypt, Texas lawmakers are considering stricter measures than mere regulation for cryptocurrency ATMs, even potentially pushing for a ban. According to FBI data, losses in Texas due to cryptocurrency ATM scams reached $56.8 million in 2025, the highest in the nation, with 1,179 corresponding complaints. Nationwide, losses in such cases increased by 58% year-over-year to $389 million.
