$17 billion stolen in 2025 across crypto scams - up 21% from last year. The worst part: crypto ATM fraud doubled to $240M in just six months.
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Spokane, Washington lost people to suicide after they handed their life savings to ATM scammers. The city responded by becoming the first major US city to ban all crypto ATMs. 80% of the world's Bitcoin ATMs are in the US, so this isn't a Spokane problem.
Meanwhile, SEC charged organized WhatsApp groups ("AI Wealth," "AIIEF") that posed as AI investment advisors, built fake platforms (Morocoin, Berge, Cirkor), and moved $14M+ to China and Southeast Asia.
Always DYOR