Crypto ATM Scam Losses Hit AU$1.5M in Tasmania in Three Months
- —Tasmanians lost AU$1.5 million via crypto ATMs in three months
- —The state has fewer than 30 crypto ATMs, up from one in 2021
- —In 2025, all 15 top crypto ATM users in Tasmania were linked to scams
- —AUSTRAC imposed cash limits and mandatory scam warnings on operators
Why it matters: Rising crypto ATM scams are increasing pressure on Australian regulators and could lead to tighter restrictions on operators.
Source: Crypto News Australia