{"investigation":{"slug":"coinhub-bitcoin-atm-fraud-facilitation-network","entity_name":"Coinhub Bitcoin ATM — Fraud Facilitation Network","trust_score":22,"severity_base":null,"score_modifier":0,"confidence":0.82,"status":"published","content_type":"investigation","summary":"Coinhub, operated by Nevada-based LSGT Services LLC, is one of the largest remaining Bitcoin ATM operators in the United States with approximately 2,000 machines following Bitcoin Depot's May 2026 bankruptcy. The company has faced confirmed regulatory enforcement actions in California and Connecticut, has been named in U.S. Senate correspondence over its role in facilitating elder fraud, and has been identified by the ICIJ as a major recipient of bitcoin liquidity from Kraken despite ongoing scam-related losses at its machines. Coinhub has not been charged with fraud or any crime; all regulatory findings to date relate to consumer-protection violations including excessive fees and missing disclosures.","sections":[{"content":"Coinhub is a Bitcoin ATM network operated by LSGT Services LLC, a Nevada-based entity. The company also markets its machines under the name 'Lowest Fee Bitcoin ATMs.' As of mid-2026, Coinhub operates approximately 2,000 kiosk locations across the United States, making it one of the country's largest surviving crypto ATM operators following the May 2026 Chapter 11 bankruptcy filing by Bitcoin Depot, which had previously held the largest U.S. market share with more than 8,400 machines. Logan Short has been identified as the company's CEO, with his father Christopher Short also involved in operations. The company expanded its physical presence in January 2026 with the opening of in-person exchange branches in Las Vegas, Nevada, and Phoenix, Arizona. Coinhub charges transaction fees reported at approximately 24.99%, with rates at some locations reportedly reaching 30%, substantially above the 1% or less typical of online brokers. The company advertises daily limits of up to $50,000.","heading":"Company Overview and Market Position","sources":[{"url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/","name":"Boston Globe: Bitcoin ATM scams are invading Mass. and we're not doing enough about it (July 2026)","type":"news_article","credibility":2},{"url":"https://ir.bitcoindepot.com/news-events/press-releases/detail/127/bitcoin-depot-initiates-voluntary-chapter-11-process-to","name":"Bitcoin Depot Initiates Voluntary Chapter 11 Process — press release","type":"official","credibility":1},{"url":"https://coingape.com/press-releases/coinhub-exchange-brings-bank-like-crypto-experience-to-las-vegas-and-phoenix/amp/","name":"Coinhub Exchange Las Vegas and Phoenix opening — CoinGape","type":"news_article","credibility":3}],"severity":"medium"},{"content":"On October 31, 2025, the California Department of Financial Protection and Innovation (DFPI) announced a $675,000 enforcement action against LSGT Services LLC doing business as Coinhub. The DFPI found four categories of violations under California's Digital Financial Assets Law (DFAL): (1) charging markup fees in excess of regulatory maximums; (2) accepting cash transactions above the daily $1,000 legal limit; (3) omitting required information from transaction receipts; and (4) failing to provide legally mandated consumer disclaimers before transactions were completed. The consent order requires $105,000 to be paid as restitution to California consumers who were overcharged. DFPI Commissioner KC Mohseni stated the agency intended to 'root out bad actors and scammers' while welcoming compliant operators. This action was the DFPI's fourth enforcement action against crypto ATM operators in a short period, following a $300,000 fine against Coinme in June 2025. No criminal charges or findings of intentional fraud were made in this action.","heading":"California DFPI Enforcement Action (October 2025)","sources":[{"url":"https://decrypt.co/347010/california-regulator-fines-bitcoin-atm-operator-coinhub-765k","name":"California Regulator Fines Bitcoin ATM Operator Coinhub $675K — Decrypt","type":"news_article","credibility":2},{"url":"https://finance.yahoo.com/news/california-regulator-fines-bitcoin-atm-184330297.html","name":"California Regulator Fines Bitcoin ATM Operator Coinhub $675K — Yahoo Finance","type":"news_article","credibility":2},{"url":"https://dfpi.ca.gov/wp-content/uploads/2025/10/Consent-Order-LSGT-Services_-LLC-dba-Coinhub.pdf","name":"DFPI Consent Order — LSGT Services LLC dba Coinhub (PDF)","type":"regulatory","credibility":1}],"severity":"high"},{"content":"The Connecticut Department of Banking issued a consent order against LSGT Services LLC doing business as Coinhub in 2023. According to public records, the company operated virtual currency kiosks in Connecticut starting in 2022. The Connecticut regulator found that transactions at these kiosks resulted in virtual currency being purchased with consumers' funds and transmitted to third parties, triggering Connecticut's money transmission regulations, which the company was not fully complying with. Coinhub voluntarily ceased operating kiosks in Connecticut on June 8, 2023. The specific penalty amounts and all consent order terms were contained in the order document on file with the Connecticut Department of Banking; the PDF was not machine-readable for this investigation but the order is confirmed in public regulatory records.","heading":"Connecticut Department of Banking Consent Order (2023)","sources":[{"url":"https://portal.ct.gov/-/media/DOB/Enforcement/Consumer-Credit/2023-CC-Orders/LSGT-Services-LLC-dba-Coinhub-dba-Lowest-Fee-Bitcoin-ATMs--Consent-Order.pdf","name":"Connecticut Department of Banking — LSGT Services LLC dba Coinhub Consent Order (2023)","type":"regulatory","credibility":1}],"severity":"medium"},{"content":"On September 11, 2024, U.S. Senate Majority Whip Dick Durbin (D-IL) and six Senate Democrats sent letters to the ten largest Bitcoin ATM operators — including Coinhub — calling for 'immediate action' to address financial fraud against elderly Americans. The Senators cited a specific instance in which a small business owner in Springfield, Illinois, reported that a Coinhub machine in his store had 'repeatedly been used by elderly individuals to deposit large sums of money at the urging of fraudsters.' The letter noted that reported losses from Bitcoin ATM fraud grew nearly tenfold between 2020 and 2023, from $12 million to $114 million. The letter is a Congressional inquiry, not a legal finding or charge. Senator Durbin later introduced the Crypto ATM Fraud Prevention Act on February 25, 2025, citing the continuing use of these machines in elder fraud schemes.","heading":"U.S. Senate Correspondence — Elder Fraud Concerns (September 2024)","sources":[{"url":"https://www.judiciary.senate.gov/press/dem/releases/durbin-senate-democrats-push-ten-largest-bitcoin-atm-operators-to-curb-fraud-against-elderly-americans","name":"Durbin, Senate Democrats Push Ten Largest Bitcoin ATM Operators To Curb Fraud Against Elderly Americans — Senate Judiciary Committee","type":"regulatory","credibility":1},{"url":"https://www.judiciary.senate.gov/imo/media/doc/2024.9.11_Letter%20re%20Bitcoin%20ATM%20Fraud_combined.pdf","name":"Senate letters to ATM operators — combined PDF","type":"regulatory","credibility":1},{"url":"https://www.congress.gov/bill/119th-congress/senate-bill/710/all-info","name":"Crypto ATM Fraud Prevention Act — Congress.gov","type":"regulatory","credibility":1}],"severity":"high"},{"content":"An investigation published by the International Consortium of Investigative Journalists (ICIJ) as part of its 'Coin Laundry' series reported, based on blockchain data reviewed by cryptocurrency experts, that Kraken transferred more than $700 million worth of bitcoin to Coinhub in recent years, making Kraken a significant liquidity provider to the ATM network. The ICIJ's broader investigation found that Kraken transferred a total of at least $1.1 billion to crypto ATM operators across the industry. The ICIJ reported that Coinhub did not respond to requests for comment. The investigation noted that major crypto companies continued selling large sums of bitcoin to ATM operators after attorneys general in Massachusetts, Iowa, and Washington D.C. alleged that top operators' machines were handling a high proportion of scam-related transactions. The ICIJ's reporting is investigative journalism, not a legal or regulatory determination, and no formal charge or finding has been issued against Coinhub or Kraken based on these transactions.","heading":"ICIJ 'Coin Laundry' Investigation — Kraken Liquidity and Scam Transactions","sources":[{"url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/","name":"Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs — ICIJ","type":"news_article","credibility":1},{"url":"https://www.icij.org/investigations/coin-laundry/retailers-keep-cashing-in-on-crypto-atms-as-scams-surge/","name":"Retailers keep cashing in on crypto ATMs as scams surge — ICIJ","type":"news_article","credibility":1}],"severity":"high"},{"content":"The Boston Globe's July 2026 investigation documented specific cases of fraud victims who transacted at Coinhub machines in Massachusetts. At a single Coinhub machine at Sam's Food Store in Haverhill, Massachusetts, at least five victims lost a combined approximately $128,000 over two years. Haverhill police traced approximately $500,000 in fraud losses to seven Coinhub machines in that city alone. Statewide, the FBI reported approximately $7 million in Massachusetts fraud losses linked to Bitcoin ATMs, with local investigators stating the actual total is likely higher. Specific documented cases from the Globe's investigation include: a Merrimac woman who deposited $21,790 in April 2023 after scammers impersonated Apple and bank support — police recovered the cash and the woman later settled confidentially with Coinhub; a woman who deposited $5,500 in July 2024 while undergoing cancer treatment after scammers impersonated law enforcement, with Coinhub charging a 20.5% fee of approximately $1,130 on the transaction; and a man who deposited $42,000 after scammers impersonated the Texas Attorney General's office. In these cases the fraud was perpetrated by third-party scammers, not by Coinhub; however, investigators and the Globe reported that Coinhub machines were the payment mechanism used. Christopher Short was quoted as stating 'We are very disappointed that we are becoming the victim' and compared crypto kiosks to 'Coca-Cola vending machines,' arguing operators bear no responsibility for customer misuse. Haverhill voted 10-0 in March 2025 to ban crypto kiosks within city limits, fining host businesses $300 per day for violations; the municipalities of Gloucester, Peabody, and Waltham took similar steps.","heading":"Documented Victim Losses and Law Enforcement Findings","sources":[{"url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/","name":"Bitcoin ATM scams are invading Mass. and we're not doing enough about it — Boston Globe (July 2026)","type":"news_article","credibility":2}],"severity":"high"},{"content":"Crypto ATM fraud losses reached $388 million in 2025 according to FBI Internet Crime Complaint Center (IC3) data, a 58% increase from 2024. The FBI received 13,460 complaints linked to crypto ATM scams in 2025, a 23% rise from the prior year. Adults aged 60 and older accounted for 6,188 of those complaints and approximately $257 million in losses, representing roughly 66% of total dollar losses. The CFTC issued a consumer advisory in August 2026 titled 'Pause Before You Pay,' warning that scammers use 'impersonation, urgency, and unusual payment methods' to push victims into irreversible ATM transactions and emphasizing that legitimate government agencies do not instruct consumers to move money through crypto kiosks. These figures cover the entire crypto ATM industry; they are not attributed to Coinhub alone. Coinhub has not been individually charged in connection with these aggregate losses.","heading":"Industry-Wide Fraud Loss Context — FBI and CFTC Data","sources":[{"url":"https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/","name":"CFTC Issues Warning as Crypto ATM Scams Top $388M — CryptoTimes","type":"news_article","credibility":2},{"url":"https://www.yahoo.com/news/articles/fbi-warns-bitcoin-atm-scams-153058873.html","name":"FBI Warns Of Bitcoin ATM Scams: $333M Lost To Crypto Fraud In 2025 — Yahoo Finance","type":"news_article","credibility":2},{"url":"https://www.tomshardware.com/tech-industry/cryptocurrency/americans-lost-usd333-million-to-bitcoin-atm-fraud-in-2025-fbi-says-there-is-a-clear-and-constant-rise-of-this-scam-and-that-it-is-not-slowing-down","name":"Americans lost $333 million to Bitcoin ATM fraud in 2025 — Tom's Hardware","type":"news_article","credibility":2},{"url":"https://www.techtimes.com/articles/323934/20260811/crypto-atms-extracted-389m-elderly-victims-2025-austrac-us-states-crack-down.htm","name":"Crypto ATMs Extracted $389M From Elderly Victims in 2025 as AUSTRAC, US States Crack Down — TechTimes","type":"news_article","credibility":2}],"severity":"high"},{"content":"In response to mounting fraud losses, several U.S. states have enacted bans or significant restrictions on crypto ATM operations. Indiana became the first state to ban crypto kiosks outright, with a bipartisan bill signed into law on March 9, 2026. Tennessee enacted a statewide ban effective July 1, 2026 — the second such ban — classifying operation or hosting of crypto ATMs as a misdemeanor and extending criminal liability to businesses that host the machines. Vermont maintained a moratorium on new kiosk installations through at least July 1, 2026. As of mid-2026, thirty states had passed some form of crypto kiosk legislation since 2023, with 13 laws enacted in 2026 alone. Massachusetts, where Coinhub operates approximately 500 machines, remained largely unregulated as of the time of the Boston Globe's July 2026 investigation. The Crypto ATM Fraud Prevention Act (S.710), introduced in the U.S. Senate by Dick Durbin on February 25, 2025, would impose federal-level transaction limits, disclosure requirements, and anti-fraud measures on ATM operators including Coinhub.","heading":"State Bans and Expanding Regulatory Pressure","sources":[{"url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown","name":"Tennessee bans crypto ATMs statewide, joining Indiana in fraud crackdown — The Block","type":"news_article","credibility":2},{"url":"https://www.firstfedsavings.bank/indiana-bans-crypto-kiosks-to-combat-fraud/","name":"Indiana Bans Crypto Kiosks to Combat Fraud — First Federal Savings Bank","type":"news_article","credibility":2},{"url":"https://www.aarp.org/advocacy/crypto-atm-fraud-protections/","name":"How States Are Taking Aim at Combating Crypto ATM Fraud — AARP","type":"news_article","credibility":2},{"url":"https://www.congress.gov/bill/119th-congress/senate-bill/710/all-info","name":"Crypto ATM Fraud Prevention Act S.710 — Congress.gov","type":"regulatory","credibility":1}],"severity":"medium"},{"content":"Bitcoin Depot, which previously held the largest market share among U.S. crypto ATM operators with approximately 8,400 machines, filed for Chapter 11 bankruptcy in May 2026. Court filings cited a significant revenue decline that followed the company's implementation of stricter identity verification measures to curb scam-related transactions. Bitcoin Depot stated that its quarterly revenue was cut in half after imposing these measures. This bankruptcy is relevant to assessing Coinhub's business environment because it suggests that anti-fraud compliance measures carry material business risk for ATM operators, and because Bitcoin Depot's exit elevated Coinhub's relative market position. Massachusetts has also initiated litigation against Bitcoin Depot, alleging that it knowingly facilitated crypto scams — a legal proceeding that may create precedent applicable to other operators. Coinhub is not a party to the Massachusetts Bitcoin Depot action.","heading":"Industry Precedent — Bitcoin Depot Bankruptcy","sources":[{"url":"https://finance.yahoo.com/markets/crypto/articles/bitcoin-depot-files-bankruptcy-pressure-061546692.html","name":"Bitcoin Depot Files for Bankruptcy as Pressure Mounts on Crypto ATM Sector — Yahoo Finance","type":"news_article","credibility":2},{"url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams — ICIJ","type":"news_article","credibility":1}],"severity":"medium"}],"timeline":[{"date":"2022-01-01","event":"Coinhub begins operating virtual currency kiosks in Connecticut, later found to be in violation of state money transmission regulations.","source":"Connecticut Department of Banking Consent Order (2023)","source_url":"https://portal.ct.gov/-/media/DOB/Enforcement/Consumer-Credit/2023-CC-Orders/LSGT-Services-LLC-dba-Coinhub-dba-Lowest-Fee-Bitcoin-ATMs--Consent-Order.pdf"},{"date":"2023-04-01","event":"Merrimac, Massachusetts woman deposits $21,790 at a Coinhub machine after scammers impersonating Apple and bank support convinced her cryptocurrency would protect her funds. Police later recover the cash; the woman later settles confidentially with Coinhub.","source":"Boston Globe (July 2026)","source_url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/"},{"date":"2023-10-03","event":"Connecticut Department of Banking issues consent order against LSGT Services LLC dba Coinhub. Coinhub had voluntarily ceased Connecticut operations on June 8, 2023.","source":"Connecticut Department of Banking public records","source_url":"https://portal.ct.gov/-/media/DOB/Enforcement/Consumer-Credit/2023-CC-Orders/LSGT-Services-LLC-dba-Coinhub-dba-Lowest-Fee-Bitcoin-ATMs--Consent-Order.pdf"},{"date":"2024-07-01","event":"A Massachusetts woman undergoing cancer treatment deposits $5,500 into a Coinhub machine after scammers impersonating law enforcement instruct her to do so. Coinhub charges a 20.5% fee on the transaction. Police recover the funds before scammers access them.","source":"Boston Globe (July 2026)","source_url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/"},{"date":"2024-09-11","event":"Senator Dick Durbin and six Senate Democrats send letters to the ten largest Bitcoin ATM operators, including Coinhub, demanding action on elder fraud. Letter cites a Coinhub machine in Springfield, Illinois repeatedly used by elderly fraud victims.","source":"U.S. Senate Judiciary Committee","source_url":"https://www.judiciary.senate.gov/press/dem/releases/durbin-senate-democrats-push-ten-largest-bitcoin-atm-operators-to-curb-fraud-against-elderly-americans"},{"date":"2025-02-25","event":"Senator Durbin introduces the Crypto ATM Fraud Prevention Act (S.710), which would impose federal transaction limits, disclosure requirements, and anti-fraud obligations on operators including Coinhub.","source":"Congress.gov","source_url":"https://www.congress.gov/bill/119th-congress/senate-bill/710/all-info"},{"date":"2025-03-01","event":"Haverhill, Massachusetts city council votes 10-0 to ban crypto kiosks within city limits, fining host businesses $300 per day for violations, following documented losses of approximately $500,000 linked to seven Coinhub machines in the city.","source":"Boston Globe (July 2026)","source_url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/"},{"date":"2025-10-31","event":"California DFPI fines Coinhub (LSGT Services LLC) $675,000 for four categories of consumer-protection violations under the Digital Financial Assets Law, including excess fees, transaction limit violations, incomplete receipts, and missing disclosures. $105,000 in restitution ordered for affected consumers.","source":"Decrypt / DFPI consent order","source_url":"https://decrypt.co/347010/california-regulator-fines-bitcoin-atm-operator-coinhub-765k"},{"date":"2026-01-07","event":"Coinhub opens in-person exchange branches in Las Vegas, Nevada, and Phoenix, Arizona, expanding beyond ATM kiosks into teller-service retail crypto locations.","source":"CoinGape press release","source_url":"https://coingape.com/press-releases/coinhub-exchange-brings-bank-like-crypto-experience-to-las-vegas-and-phoenix/amp/"},{"date":"2026-03-09","event":"Indiana signs into law a bipartisan bill banning crypto ATM kiosks statewide, becoming the first U.S. state to do so.","source":"The Block","source_url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown"},{"date":"2026-05-01","event":"Bitcoin Depot, formerly the largest U.S. crypto ATM operator with approximately 8,400 machines, files for Chapter 11 bankruptcy. Court filings attribute the revenue decline partly to anti-fraud ID verification measures that cut quarterly revenue in half.","source":"Yahoo Finance","source_url":"https://finance.yahoo.com/markets/crypto/articles/bitcoin-depot-files-bankruptcy-pressure-061546692.html"},{"date":"2026-07-01","event":"Tennessee statewide ban on crypto ATMs takes effect, making it the second state to ban the machines. The law extends criminal liability to host businesses.","source":"The Block","source_url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown"},{"date":"2026-07-01","event":"Boston Globe publishes a major investigation into Coinhub's operations in Massachusetts, documenting specific victim cases, estimated losses, and the company's public statements declining responsibility for fraud at its machines.","source":"Boston Globe","source_url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/"},{"date":"2026-08-27","event":"CFTC issues consumer advisory warning about crypto ATM scams, citing $388 million in 2025 fraud losses with over 50% of victims aged 50 or older.","source":"CryptoTimes","source_url":"https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/"}],"sources_used":[{"url":"https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/","name":"Boston Globe — Bitcoin ATM scams are invading Mass. and we're not doing enough about it (July 2026)","type":"news_article","archive_url":"http://web.archive.org/web/20260725012356/https://apps.bostonglobe.com/2026/07/storylab/coinhub-bitcoin-atm-crypto-scam/","credibility":2,"archive_timestamp":"2026-07-25T01:23:56+00:00"},{"url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/","name":"ICIJ — Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs","type":"news_article","archive_url":"http://web.archive.org/web/20260818162015/https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/","credibility":1,"archive_timestamp":"2026-08-18T16:20:15+00:00"},{"url":"https://www.icij.org/investigations/coin-laundry/retailers-keep-cashing-in-on-crypto-atms-as-scams-surge/","name":"ICIJ — Retailers keep cashing in on crypto ATMs as scams surge","type":"news_article","archive_url":"http://web.archive.org/web/20260818161905/https://www.icij.org/investigations/coin-laundry/retailers-keep-cashing-in-on-crypto-atms-as-scams-surge/","credibility":1,"archive_timestamp":"2026-08-18T16:19:05+00:00"},{"url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","name":"ICIJ — Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams","type":"news_article","archive_url":"http://web.archive.org/web/20260818162018/https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","credibility":1,"archive_timestamp":"2026-08-18T16:20:18+00:00"},{"url":"https://decrypt.co/347010/california-regulator-fines-bitcoin-atm-operator-coinhub-765k","name":"Decrypt — California Regulator Fines Bitcoin ATM Operator Coinhub $675K","type":"news_article","archive_url":"http://web.archive.org/web/20260510205051/https://decrypt.co/347010/california-regulator-fines-bitcoin-atm-operator-coinhub-765k","credibility":2,"archive_timestamp":"2026-05-10T20:50:51+00:00"},{"url":"https://dfpi.ca.gov/wp-content/uploads/2025/10/Consent-Order-LSGT-Services_-LLC-dba-Coinhub.pdf","name":"DFPI Consent Order — LSGT Services LLC dba Coinhub (PDF)","type":"regulatory","archive_url":"http://web.archive.org/web/20260123020448/https://dfpi.ca.gov/wp-content/uploads/2025/10/Consent-Order-LSGT-Services_-LLC-dba-Coinhub.pdf","credibility":1,"archive_timestamp":"2026-01-23T02:04:48+00:00"},{"url":"https://portal.ct.gov/-/media/DOB/Enforcement/Consumer-Credit/2023-CC-Orders/LSGT-Services-LLC-dba-Coinhub-dba-Lowest-Fee-Bitcoin-ATMs--Consent-Order.pdf","name":"Connecticut Department of Banking — LSGT Services LLC dba Coinhub Consent Order (2023)","type":"regulatory","archive_url":null,"credibility":1,"archive_timestamp":null},{"url":"https://www.judiciary.senate.gov/press/dem/releases/durbin-senate-democrats-push-ten-largest-bitcoin-atm-operators-to-curb-fraud-against-elderly-americans","name":"Senate Judiciary Committee — Durbin letter to Bitcoin ATM operators","type":"regulatory","archive_url":"http://web.archive.org/web/20260612172105/https://www.judiciary.senate.gov/press/dem/releases/durbin-senate-democrats-push-ten-largest-bitcoin-atm-operators-to-curb-fraud-against-elderly-americans","credibility":1,"archive_timestamp":"2026-06-12T17:21:05+00:00"},{"url":"https://www.congress.gov/bill/119th-congress/senate-bill/710/all-info","name":"Congress.gov — Crypto ATM Fraud Prevention Act S.710","type":"regulatory","archive_url":"http://web.archive.org/web/20251125175228/https://www.congress.gov/bill/119th-congress/senate-bill/710/all-info","credibility":1,"archive_timestamp":"2025-11-25T17:52:28+00:00"},{"url":"https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/","name":"CFTC Issues Warning as Crypto ATM Scams Top $388M — CryptoTimes (August 2026)","type":"news_article","archive_url":"https://web.archive.org/web/20260901124830/https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/","credibility":2,"archive_timestamp":"2026-09-01T12:48:30+00:00"},{"url":"https://finance.yahoo.com/markets/crypto/articles/bitcoin-depot-files-bankruptcy-pressure-061546692.html","name":"Yahoo Finance — Bitcoin Depot Files for Bankruptcy","type":"news_article","archive_url":"http://web.archive.org/web/20260802101522/https://finance.yahoo.com/markets/crypto/articles/bitcoin-depot-files-bankruptcy-pressure-061546692.html","credibility":2,"archive_timestamp":"2026-08-02T10:15:22+00:00"},{"url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown","name":"The Block — Tennessee bans crypto ATMs statewide, joining Indiana in fraud crackdown","type":"news_article","archive_url":"http://web.archive.org/web/20260426191611/https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown","credibility":2,"archive_timestamp":"2026-04-26T19:16:11+00:00"},{"url":"https://www.aarp.org/advocacy/crypto-atm-fraud-protections/","name":"AARP — How States Are Taking Aim at Combating Crypto ATM Fraud","type":"news_article","archive_url":"http://web.archive.org/web/20260715150146/https://www.aarp.org/advocacy/crypto-atm-fraud-protections/","credibility":2,"archive_timestamp":"2026-07-15T15:01:46+00:00"},{"url":"https://www.tomshardware.com/tech-industry/cryptocurrency/americans-lost-usd333-million-to-bitcoin-atm-fraud-in-2025-fbi-says-there-is-a-clear-and-constant-rise-of-this-scam-and-that-it-is-not-slowing-down","name":"Tom's Hardware — Americans lost $333 million to Bitcoin ATM fraud in 2025","type":"news_article","archive_url":"http://web.archive.org/web/20260519224726/https://www.tomshardware.com/tech-industry/cryptocurrency/americans-lost-usd333-million-to-bitcoin-atm-fraud-in-2025-fbi-says-there-is-a-clear-and-constant-rise-of-this-scam-and-that-it-is-not-slowing-down","credibility":2,"archive_timestamp":"2026-05-19T22:47:26+00:00"},{"url":"https://www.techtimes.com/articles/323934/20260811/crypto-atms-extracted-389m-elderly-victims-2025-austrac-us-states-crack-down.htm","name":"TechTimes — Crypto ATMs Extracted $389M From Elderly Victims in 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