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Arizona crypto ATM law helped 35 victims recover $171,332
The measure, effective Sept. 26, 2025, requires eligible operators to refund fraudulently induced transactions if victims report to both the operator and law enforcement within 30 days.
Arizona’s crypto ATM law has helped 35 scam victims recover a total of $171,332 since it took effect in September 2025, the state attorney general said. Cointelegraph reports the Arizona Attorney General’s Office urged residents to act quickly because refunds depend on meeting a 30-day notification deadline.
Under Arizona’s House Bill 2387, crypto kiosk operators must refund eligible new customers for transactions fraudulently induced through the machines, including associated fees. To qualify, victims must contact both the operator and the attorney general, or another law enforcement agency, within 30 days and provide an official report determining they were fraudulently induced.
The law defines a new customer as someone who has used an operator for fewer than 10 days, and it caps daily transactions at $2,000 for those users, compared with $10,500 for existing customers.
Arizona Attorney General Kris Mayes said her office can help victims seek refunds they are entitled to under state law, adding that fraudulent transactions must be reported within 30 days to qualify.