FBI IC3: Crypto Kiosk Scam Complaints Top 13,400 in 2025; Losses Surpass $388 Million

May 23 — The Internet Crime Complaint Center (IC3), the FBI's cybercrime reporting unit, said it received more than 13,400 complaints in 2025 tied to fraud involving cryptocurrency ATMs, also known as crypto kiosks. Reported losses exceeded $388 million. IC3 said that compares with 2024 levels as complaints rose 23% and losses jumped 58%. More than half of the complaints came from people aged 50 and older, with losses of more than $302 million. Crypto kiosks function similarly to traditional ATMs, allowing users to swap cash for cryptocurrency and convert crypto back into cash. IC3 warned that scammers often trick victims into sending money through these machines.