The FBI reports that Americans lost more than $388 million in 2025 through scams that use cryptocurrency kiosks, commonly known as crypto ATMs or Bitcoin ATMs. These machines are physical automated teller systems found in public locations and are used to buy or, in some cases, sell cryptocurrency using cash or cards. According to the FBI, criminals increasingly direct victims to transfer funds through these kiosks as part of scam schemes. The FBI’s warning emphasizes that the fraud often involves persuading victims to send money using the kiosks rather than through traditional payment methods. While the sources focus on the scale of losses and the role of crypto ATMs in the scams, they describe the general mechanism: scam operators steer victims to machines with high public visibility and high transaction convenience, where cash-based transfers can be completed quickly. The reporting frames the issue as an ongoing trend in cryptocurrency-related fraud, with the FBI using the 2025 loss figure to highlight the growing impact of these tactics.