Community curated by people like you

Crypto Scams stories

Aug 2, 2026

Minnesota bans crypto ATMs effective August 2 after $1 million in reported losses

Minnesota's law prohibiting virtual currency kiosks takes effect August 2, 2026, following reports that residents lost approximately $1 million to crypto ATM scams between 2023 and 2025, with senior citizens comprising the majority of victims.

Aug 2, 2026·1 source

00

Top claims

▪Lawmakers in Delaware and New Jersey have advanced bills proposing similar measures for crypto ATMs
▪Operators have until December 31 to physically remove the machines from locations visible or accessible to the public
▪Minnesota residents lost about $1 million from scams linked to crypto kiosks from 2023 to 2025

Subtopics

Consumer protection1 Crypto privacy & surveillance1 Crypto regulation1 State-level AI laws1

Related timelines

Congress

Payments

Russia-Ukraine war

Trump administration

US health policy & drug pricing