Crypto ATM fraud is becoming increasingly prevalent, with authorities raising alarms about sophisticated schemes targeting users. The schemes have already drained hundreds of millions of dollars from victims across the country. These ATM-based scams typically exploit user inexperience and lack of awareness about security protocols. If you're using cryptocurrency ATMs, stay vigilant against social engineering tactics, verify the legitimacy of machines before transactions, and never share private keys or recovery phrases. Report suspicious activities to relevant authorities immediately.