Articles
Crypto Market Analysis

Crypto ATM losses surge 33% in 2025 as AI superpowers scams: CertiK

User Image

От Анонимный

Создано March 12, 2026|2 мин. чтения
Main Image

Crypto ATMs or kiosks are the “lowest-friction extraction channel available to scammers,” said cybersecurity firm CertiK.

Crypto ATM fraud surged to $333 million in the US in 2025, with complaints received by the FBI growing 33% in the year as scam networks became more industrialized while tapping into advanced AI deepfake technology.

Crypto ATM fraud is one of the fastest-growing financial crime categories in the US, according to cybersecurity firm CertiK in its latest report shared with Cointelegraph on Thursday, explaining that criminal organizations are exploiting the “speed and pseudonymity” of crypto ATMs or “kiosks” to extract funds from victims at an accelerating pace.

The FBI recorded more than 12,000 complaints between January and November 2025, also a 33% increase from the prior year. The US accounts for 78% of the world's 45,000 cryptocurrency machines, said CertiK. 

Their ability to convert cash to crypto in under five minutes with minimal identity verification “makes them the lowest-friction extraction channel available to scammers,” the firm added. 

The report also noted that there was an “attribution gap” because the blockchain only records the operator-to-destination transfer, not the victim’s identity. This makes forensic tracing extremely difficult without court orders for operator records.

Around 86% of losses involve victims over 60, as older adults are disproportionately vulnerable due to “liquid savings,” lower crypto literacy, and social isolation.

However, younger victims are increasingly appearing in romance or investment scams, commonly known as “pig butchering,” which is one of five primary tactics used by scammers.

The other four approaches are government impersonation, tech support fraud, “grandparent scams,” and fake fraud recovery offers.

Related: DC attorney general sues Athena Bitcoin over alleged hidden fees

Unlike phishing or wallet-draining attacks, which involve compromising private keys or tricking users into signing malicious smart contract requests, ATM-based fraud “relies entirely on social engineering to induce the victim to perform a voluntary physical action at a kiosk,” stated CertiK. 

AI-enabled social engineering scams were 4.5 times more profitable than traditional methods in 2025, reported CertiK.

The integration of “real-time deepfake synthetic media” into scam and fraud operations represents the most “significant near-term escalation,” it stated. 

The profile of crypto ATM scammers has also shifted from independent actors to structured transnational criminal organizations operating with corporate-level divisions of labor, according to CertiK.

Wyoming Senator Cynthia Lummis said in September that she hopes the crypto market structure legislation will help tackle ATM fraud by punishing bad actors without limiting innovation.

In February 2025, US Senator Dick Durbin introduced the Crypto ATM Fraud Prevention Act, aiming to introduce safeguards for crypto kiosk users.

Magazine: China’s ‘50x’ blockchain boost, Alibaba-linked AI mines Bitcoin: Asia Express

Source: CoinTelegraph


Другие статьи, опубликованные недавно

Bitwise to put down Dogecoin ETF less than a year after launch
Bitwise to put down Dogecoin ETF less than a year after launch

Trading Strategies

BWOW held about $688,000 in net assets as of Sept. 9. Trading is expected to end Oct. 14, with cash ...

Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC
Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC

Bitcoin

Blockstream said it would work with law enforcement, exchanges and forensic specialists to recover t...

Anthropic says Claude used for cyberattacks and surveillance
Anthropic says Claude used for cyberattacks and surveillance

Crypto Market Analysis

A Russian-speaking operator targeted more than 20 organizations, while a Mali consultant used Claude...

India launches tokenized bond pilot with $107M issued
India launches tokenized bond pilot with $107M issued

Trading Strategies

SEBI said later phases of Demat 2.0 will introduce secondary trading and open the tokenized bonds to...

Standard Chartered forecasts SKY rising fivefold to $0.325 by 2028
Standard Chartered forecasts SKY rising fivefold to $0.325 by 2028

Crypto Market Analysis

The bank expects Sky to pass five times as much value to token holders by 2028 as USDS adoption and ...

Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’
Bitcoin buyers wary of July sub-$58K floor amid onchain data ‘anomaly’

Bitcoin

Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, rais...