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2 clusters · 7 sources · 3 days · First seen · Last updated
Arizona cryptocurrency ATM fraud reimbursement
Overview
Following the implementation of House Bill 2387 on September 26, 2025, the Arizona Attorney General’s Office has facilitated the recovery of $171,332 for 35 victims of cryptocurrency ATM fraud.
Under the state’s Cryptocurrency Kiosk License Fraud Prevention law, kiosk operators must provide full reimbursements, including transaction fees, to qualifying new customers who were fraudulently induced into making transactions. To be eligible, victims must notify the operator and either law enforcement or the Attorney General’s Office within a 30-day window and provide an official report confirming the fraud. The law defines a “new customer” as someone who has used the specific operator for fewer than 10 days.
While these specific refunds have been processed, broader data indicates significant issues with such kiosks. FBI data shows Arizona recorded 460 complaints involving crypto kiosks in 2025, totaling $14.53 million in adjusted losses. Nationally, kiosk-related complaints have exceeded 13,000, with adjusted losses surpassing $388 million.
Entities
Kris Mayes · FBI · Arizona Attorney General’s Office · Arizona Attorney General's Office
Timeline
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7 days ago
[CRIME] 2 sourcesArizona crypto ATM fraud victims recover $171,332 in refundsThirty-five Arizona residents recovered $171,332 in refunds following cryptocurrency ATM fraud, facilitated by the state Attorney General's office under specific consumer protection laws.
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9 days ago
[BUSINESS] 6 sourcesArizona crypto ATM law helps victims recover $171,000Arizona's crypto ATM refund law has helped 35 victims recover over $171,000. New customers must report fraud within 30 days to qualify for full reimbursement under House Bill 2387.
Sources
allaboutarizonanews.com · bitcoinethereumnews.com · blocktempo.com · cointelegraph.com · crypto.news · eurweb.com · news.bitcoin.com