Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.
Arizona's new cryptocurrency ATM law has helped recover $171,332 for 35 victims of fraud, according to the state's attorney general. The measure, which went into effect in September 2025, allows qualifying new customers, defined as those who used the operator for fewer than 10 days, to receive full reimbursement, including fees, if they report the fraudulent transaction to both the operator and law enforcement within 30 days.
House Bill 2387 mandates that crypto kiosk operators refund eligible new customers for transactions that were induced fraudulently, along with any associated fees. To qualify, victims must contact both the operator and the attorney general or another law enforcement agency within the 30-day window and provide an official report confirming that they were defrauded.
Arizona Attorney General Kris Mayes has urged residents to contact her office immediately if they fall victim to crypto ATM scams, as fraudulent transactions must be reported within the 30-day deadline to be eligible for a refund.
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