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New Hampshire officials warn of rise in cryptocurrency ATM scams

New Hampshire officials are warning residents about the growing threat of cryptocurrency ATM scams.

Boston 25 News

Publisher

Sep 14, 2026 at 5:05 PM UTC · 1 min de leitura

New Hampshire officials warn of rise in cryptocurrency ATM scams
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$2,000 Daily transaction limit

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há 2 dias

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New Hampshire officials are warning residents about the growing threat of cryptocurrency ATM scams.

Law enforcement leaders and consumer protection advocates said the scams have become a common tool used by criminals.

Criminals impersonate government officials, law enforcement officers, financial institutions, and technology support representatives to convince victims to deposit cash into cryptocurrency machines.

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Once funds are transferred, the transactions are often irreversible, leaving victims with little chance of recovering their money.

A new state law in New Hampshire, taking effect in New Hampshire, will include safeguards to prevent this, including a $2,000 daily transaction limit, stronger oversight requirements, and refund protections for fraud victims who report scams within 14 days.

Multiple communities in Massachusetts have removed crypto kiosks, including Haverhill, Revere, Sharon, and Lakeville.

Why this matters

New Hampshire's forthcoming safeguards could materially change how crypto ATM operators manage transaction limits, oversight and fraud complaints in the state. The measures signal growing regulatory concern that the irreversible nature of crypto transfers can amplify consumer losses from impersonation scams.

The Massachusetts Senate voted to ban them. However, the legislation has not been passed.

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Originally reported by Boston 25 News

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