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Texas Leads in Crypto Kiosk Scams | Texas News
Texas is losing nearly $57 million in crypto kiosk scams alone in 2025—making it the worst-hit state in the nation. These machines, designed to convert cash to cryptocurrency, have become prime targets for criminals, with victims tricked into depositing cash they can’t get back. Nationwide, FBI complaints jumped 23% and losses surged 58% last year, totaling nearly $390 million. Texas accounts for over 1,100 complaints and the bulk of those losses. Lawmakers are sounding alarms, with one calling them “the cleanest way to steal money,” while experts link some operations to Chinese criminal…
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