Articles
Crypto Market Analysis

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

User Image

通过 匿名

创建 March 12, 2026|阅读需要 2 分钟
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


最近发布的其他文章

Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

Crypto Market Analysis

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago sug...

Zodia Custody CEO Julian Sawyer steps down, becomes adviser
Zodia Custody CEO Julian Sawyer steps down, becomes adviser

Crypto Market Analysis

Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously a...

Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value
Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value

Bitcoin

The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million.Source: CoinDesk...

India's richest state is exploring tokenizing its own assets to fund new infrastructure
India's richest state is exploring tokenizing its own assets to fund new infrastructure

Crypto Market Analysis

Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmiss...

With Fed rate hike all but assured, here's how markets might react
With Fed rate hike all but assured, here's how markets might react

Crypto Market Analysis

Traders could look past an expected Fed hike and weigh what higher rates are signaling about the eco...

Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud

Crypto Market Analysis

In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not s...