Minnesota AG Keith Ellison Launches Public Survey on Crypto ATM Scams Amid Rising Fraud Concerns
By Perplexity News Staff | December 23, 2025
SAINT PAUL, Minn. — Minnesota Attorney General Keith Ellison has released a public survey aimed at gathering data on residents’ experiences with cryptocurrency ATMs, following a surge in reported scams involving these machines.
The survey, accessible at www.ag.state.mn.us/Survey/Bitcoin-ATM/, is part of an ongoing investigation by Ellison’s Consumer Protection Division into the role of crypto ATMs in fraudulent activities. Ellison urged all Minnesotans who have ever used a crypto ATM to participate, emphasizing the need for comprehensive data to combat scammers.
Escalating Scam Alerts and National Trends
This initiative comes on the heels of a scam alert issued by Ellison’s office on December 19, warning consumers about the dangers of cryptocurrency ATMs. While the machines themselves are not inherently fraudulent, they have become a preferred tool for scammers due to the irreversible and often untraceable nature of crypto transactions.
“Crypto ATMs have become one of the go-to methods that scammers use to extract money from their targets, which is deeply concerning to me,” Ellison stated in the press release. “I encourage all Minnesotans who have used a crypto ATM to fill out our survey so that I have the information I need to fight scammers and protect your pocketbooks. And in general, I recommend you steer clear of crypto ATMs. Even if you have a genuine interest in purchasing cryptocurrency, there are better ways to do so.”[1]
Nationally, the problem is staggering. The FBI reported that frauds involving cryptocurrency ATMs resulted in $246.7 million in losses in 2024 alone. This figure underscores the growing prevalence of these devices in scam operations, where victims are often coerced into depositing cash to buy cryptocurrency for fake investments, emergencies, or other ruses.
Recent Legal Actions Highlight Industry Issues
The Minnesota survey aligns with broader regulatory scrutiny. Just recently, the Attorney General of Washington D.C. filed a lawsuit against Athena Bitcoin, one of the largest crypto ATM operators in the U.S. The suit alleges that 93% of deposits into the company’s machines were scam-related, painting a grim picture of the industry’s facilitation of fraud.
Cryptocurrency ATMs allow users to insert cash and receive digital crypto assets, but the transactions are final with no chargeback options like traditional banking. Scammers exploit this by directing victims to these machines during high-pressure phone calls or online interactions, promising quick riches or urgent aid that never materializes.
Call to Action for Minnesotans
Ellison’s office is casting a wide net with the survey, which takes just a few minutes to complete. It seeks details on usage frequency, locations, transaction amounts, and any suspicious encounters. This data will inform potential policy recommendations, enforcement actions, or collaborations with federal agencies.
“Both the survey and the scam warning are part of a larger investigation Attorney General Ellison’s Consumer Protection Division is conducting into cryptocurrency ATMs.”[1]
Minnesota has seen a proliferation of these machines, with hundreds installed in retail locations like gas stations, convenience stores, and malls. While proponents argue they democratize access to crypto, critics, including Ellison, highlight the disproportionate risk to vulnerable populations such as seniors and immigrants.
Broader Context of Crypto Regulation
Ellison’s efforts reflect a national push for oversight in the cryptocurrency space. The Federal Trade Commission (FTC) and Securities and Exchange Commission (SEC) have ramped up warnings about crypto scams, which topped $1 billion in consumer losses in recent years. States are stepping in where federal action lags, with surveys like Minnesota’s providing critical on-the-ground intelligence.
In addition to the survey, Ellison’s office maintains resources on its website for filing complaints, reporting identity theft, and accessing scam prevention guides. The Bitcoin ATM survey page is integrated into a comprehensive consumer protection portal that covers topics from data privacy to opioid litigation.
| Metric | Details |
|---|---|
| FBI 2024 Losses | $246.7 million |
| Athena Bitcoin Allegation | 93% of deposits scam-related |
| MN AG Action Date | December 23, 2025 |
Expert Recommendations
Consumer advocates advise verifying any crypto purchase through reputable exchanges with strong security features, such as two-factor authentication and customer support. Avoid ATMs for crypto transactions, especially under duress. If scammed, report immediately to local authorities and the AG’s office.
Ellison’s survey represents a proactive step in an evolving battle against digital-age fraud. As crypto adoption grows, so do the risks, making public participation crucial for effective protection.
For more information or to take the survey, visit the official page. Minnesotans are encouraged to stay vigilant and share their stories to safeguard the community.
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