AG ​Mayes is warning Arizonans about the rising threat of cryptocurrency ATM scams and has launched a new fraud complaint form for Arizonans to report if they have been victimized within 30 days of being scammed. Scammers are increasingly targeting consumers–especially older adults–by deceiving them into depositing money into cryptocurrency ATMs. In 2024 alone, Arizonans lost over $177 million in savings to these fraudulent schemes.

"Fraudsters are increasingly using bitcoin ATMS to victimize Arizonans—scammers stole more than $170 million from Arizonans last year using these crypto kiosks. My message to Arizonans is this: be careful around the physical cryptocurrency ATMs we’re seeing pop up around the state. If you’re being directed to use one, there’s a very very high chance you’re being scammed." – AG Mayes