PANews
PANews|Aug 16, 2026 03:04
[Arizona, USA, has helped 35 victims of cryptocurrency ATM scams recover approximately $170,000] According to Crowdfund Insider, Arizona residents who lost funds due to cryptocurrency ATM scams have begun receiving full refunds under the state's consumer protection laws. The office of State Attorney General Kris Mayes announced that it has successfully helped 35 victims recover a total of $171,332, including related fees. These recovered funds stem from the 'Cryptocurrency Self-Service Terminal Licensing Fraud Prevention Act,' which took effect on September 26, 2025, in Arizona. The act explicitly outlines the obligations of cryptocurrency self-service terminal and ATM operators. When customers report fraudulent transactions, companies are required to refund the full amount involved along with all related fees.
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