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Story summary
- Bitcoin ATMs have become the leading method scammers use to defraud Americans, with losses surpassing $333 million in 2025.
- Maine reached a $1.9 million settlement with Bitcoin Depot to compensate residents defrauded between 2022 and 2025.
- The settlement requires Bitcoin Depot to comply with state consumer protection laws.
- Victims can apply for refunds through the Bureau of Consumer Credit Protection by April 1, 2026, with payments starting in May.
