Arizona Crypto ATM Refunds Hit $171K for 35 Scam Victims

Thirty-five Arizona crypto ATM fraud victims have received $171,332 in full refunds under a state law that limits mandatory payouts to customers who had been with an operator for fewer than 10 days.

Attorney General Kris Mayes announced the reimbursements Aug. 12, saying her office helped victims recover money from fraudulently induced transactions through the state refund process.

"My office is happy to help any victim of crypto ATM fraud receive a refund they are entitled to under Arizona law," Mayes said, adding: "Knowing the signs of crypto ATM fraud can help protect you and your loved ones, but if you have fallen victim to this scam, contact my office right away. We are here to help."

The state's Cryptocurrency Kiosk License Fraud Prevention law took effect Sept. 26, 2025. It obligates operators to issue full refunds, including every fee, only for fraudulently induced transactions made by customers who had been with that operator for less than 10 days. A claimant must notify the kiosk business and either law enforcement or the attorney general within 30 days, then furnish an official report confirming fraudulent inducement.

Arizona defines a "new customer" as someone who has been a customer of that kiosk operator for less than 10 days. The mandatory full-refund right belongs only to this group. Eligibility also demands contact with the operator and either the attorney general or local police during the statutory window. The state's crypto ATM fraud page directs victims to save receipts, submit evidence, and document customer-service contacts.

The FBI logged 460 Arizona complaints involving crypto kiosks in 2025, with $14.53 million in adjusted losses. Nationwide, 13,460 complaints involved kiosks, while adjusted losses exceeded $388.98 million; people 50 and older comprised more than half of complaints and sustained losses above $302 million.