Arizona Law Refunds Scam Victims Over $170,000
Arizona's crypto ATM law has been effective in refunding money to scam victims. Since its implementation on September 26, 2025, the state's Attorney General's Office has helped recover $171,332 for 35 individuals who were tricked into making cryptocurrency transactions.
The law requires kiosk operators to reimburse new customers within 30 days of a transaction if they report the fraud to both the operator and law enforcement. To qualify, victims must have used the kiosk for fewer than 10 days, with a daily transaction limit of $2,000. Existing customers can transact up to $10,500 per day.
Kiosk operators also have ongoing duties, including offering round-the-clock live customer service and using blockchain tracing software to block transfers to wallets linked to fraud.
The Arizona law is part of a broader effort to regulate the crypto kiosk industry. Other states, such as Minnesota, Indiana, and Tennessee, have banned the machines due to concerns over fraud. Georgia has implemented similar rules to Arizona's, but with some differences.