# Fraud Prevention Act Articoli collegati

Full Recovery of Losses: 35 Victims of Cryptocurrency ATM Fraud in Arizona Recover All Funds

Full restitution was secured for 35 victims of cryptocurrency ATM scams, announced Arizona Attorney General Kris Mayes on August 12. Her office helped recover $171,332 in connection with fraudulent transactions through a state recovery process. Mayes urged victims to act immediately, highlighting Arizona's Cryptocurrency Kiosk Fraud Prevention Law, effective September 26, 2025. It mandates operators provide full refunds, including fees, for fraudulently induced transactions by customers using their kiosks for less than 10 days. Victims must notify the kiosk company and law enforcement or the AG's office within 30 days, supported by an official report. In 2025, Arizona recorded 460 kiosk-related complaints with losses of $14.53 million, part of a national trend of $388.98 million in losses from over 13,000 complaints. Over half involved people aged 50+, who suffered losses exceeding $302 million. Arizona's law also imposes daily transaction limits ($2,000 for new customers, $10,500 for existing ones), requires on-screen confirmations and receipts, mandates 24/7 real-time support, and enforces blockchain checks to block known fraudulent wallets. Federal lawmakers propose similar nationwide controls. Common scam signs include unsolicited contacts, demands for cryptocurrency, fake account emergencies, and QR codes from strangers. Victims are advised to keep receipts, document details, and report promptly to authorities.

cryptonews.ru08/15 12:40