Arizona Law Returned $171,332 to 35 Crypto ATM Scam Victims

Overview

• Arizona Attorney General Kris Mayes announced on Aug. 12 that 35 victims have received full refunds totaling $171,332 under House Bill 2387, which took effect Sept. 26, 2025.
• To qualify for a full refund a victim must be a “new customer” of an operator for fewer than 10 days, report the fraud to the kiosk operator and law enforcement or the AG’s office within 30 days, and provide an official law-enforcement report confirming the transaction was fraudulently induced.
• The statute caps new-customer daily transactions at $2,000 and existing-customer daily transactions at $10,500 and imposes operator duties such as 24/7 live customer service, on-screen warnings, detailed receipts, and blockchain tracing tools designed to block transfers to known fraud-linked wallets.
• The AG’s announcement did not name which kiosk companies issued the refunds, did not disclose individual refund amounts, and did not report how many claims were denied, leaving the program’s overall reach and operator compliance unclear.
• The recoveries come against a larger national problem tracked by the FBI’s IC3, which recorded about 13,460 kiosk complaints and roughly $389 million in reported U.S. losses for 2025, and they highlight how states are split between refund-and-regulation models and outright bans that are reshaping the kiosk industry.