AiCoin
AiCoin|Feb 03, 2026 05:42
[Arizona Issues Cryptocurrency ATM Scam Warning and Launches Reporting Tool] Arizona Attorney General Kris Mayes issued a cryptocurrency ATM scam warning on Monday and launched a reporting tool, urging victims to report losses within 30 days. According to FBI data, in 2024, the United States lost $246 million to cryptocurrency ATM scams, with 43% of victims being over the age of 60. Arizona residents alone suffered losses exceeding $177 million. Scammers often impersonate law enforcement officers, utility companies, or relatives to pressure victims into making deposits. Last year, Arizona passed legislation requiring ATM operators to display multilingual scam warnings, provide 24/7 customer support, and set transaction limits. Mayes stated that any request to deposit funds using a cryptocurrency ATM is highly likely to be a scam.
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads