Arizona crypto ATM refunds scam victims

United States — Arizona's cryptocurrency kiosk consumer protection law, House Bill 2387, has facilitated full refunds totaling $171,332 to 35 scam victims since it took effect on September 26, 2025. The law requires kiosk operators to reimburse eligible new customers who are fraudulently induced into transactions, provided they report the fraud to both the operator and law enforcement within 30 days and obtain an official report confirming the fraud. New customers, defined as those using an operator for fewer than 10 days, face a $2,000 daily transaction cap, while existing customers can transact up to $10,500 per day. Operators must also use blockchain tracing tools, post warnings, provide receipts, and offer 24/7 customer support. Attorney General Kris Mayes announced the refunds on August 12, 2026, and encouraged victims to report promptly. The law is part of a broader national response to crypto ATM fraud, which the FBI recorded 13,460 complaints and about $389 million in losses in 2025. Other states have taken varied approaches: United States — Minnesota, United States — Indianapolis, and United States — Tennessee have banned crypto kiosks, Georgia (country) adopted similar regulations, and United States — Missouri has sued operator CoinFlip. Internationally, Australia's Australia — Australian Transaction Reports and Analysis Centre suspended Cryptolink's registration for three months over anti-money laundering concerns.