2026-01-11 00:24:37

Cryptocurrency ATM scams are becoming an increasingly serious problem. According to the latest statistics, in the first half of 2025, the United States suffered economic losses of up to $240 million due to crypto ATM scams—this figure is nearly double that of the same period last year, with alarming growth.

How do these scams typically operate? Criminals use tactics such as false "money-making opportunities," system error prompts, or impersonating customer service to lure users into transferring funds via crypto ATMs. Since these transactions are irreversible, once users are scammed, there is almost no chance of recovery.

Regulatory authorities are also responding swiftly. Spokane, Washington, recently announced a comprehensive ban aimed at cutting off the scam chain. This reflects a clear increase in the importance placed by US local governments on the risks associated with crypto ATMs.

Simple advice for ordinary users: do your homework before using crypto ATMs, carefully verify sources and guidance information, do not blindly trust "advice" from strangers, and avoid rushing to transfer funds in emergency situations. In the Web3 era, self-protection awareness is often the last line of defense.

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NotAFinancialAdvice

· 01-11 08:10

$240 million, how many people must have been scammed... This thing should have been banned a long time ago.

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FarmToRiches

· 01-11 00:53

$240 million, buddy really learned a lot One gets fooled by a "money-making opportunity" and it's gone, what's there to talk about Web3 freedom That's why I never trust those ATM things Self-managed wallets are still better, at least if you're scammed, it's your own fault In the crypto world, talking about trust is pointless

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TestnetFreeloader

· 01-11 00:49

240 million dollars? Oh my God, these scammers are really outrageous, each one a master of deception. The ATM ban is here, about time, it should have been implemented long ago. Don't tell me it's customer service impersonation; I can tell at a glance it's a scam. Caution is never wrong. That's why I never rush to transfer funds. Taking five more minutes could really save your life. By the way, Spokane's recent move is quite clever; other cities should follow suit.

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SatoshiSherpa

· 01-11 00:42

$240 million? Doubling that number is just crazy; even seasoned investors need to be more cautious.

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FlashLoanPrince

· 01-11 00:41

$240 million? Oh my God, it's only been half a year, these scammers really never stop.

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HalfIsEmpty

· 01-11 00:29

$240 million? That’s basically giving away money, impossible to guard against --- Same old trick, a stranger says "Hurry up and make money" and I have to jump in? Dream on --- What’s the use of a ban order, scammers don’t even read announcements --- Honestly, if you don’t use your brain, no one can save you --- The Web3 era is all about self-reliance, don’t expect anyone to protect you --- Did those who got scammed ever think about why strangers are being so "kind"? --- $240 million, the growth rate of this number is truly outrageous... Where’s everyone’s awareness of prevention? --- All the sudden turns are probably just smart tax, no way around it --- The Spokane ban feels more like just for show --- Irreversible transfers should be a warning sign, yet people still keep rushing in

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