According to Odaily, Bitcoin Depot, an ATM operator, will require customers to provide personal identification documents for authentication each time they use its ATMs, due to pressure from prosecutors in multiple states.
The company stated that this move aims to combat account sharing, identity theft, and account takeover, representing a significant step forward in preventing fraud and illegal activities. Earlier this month, the Massachusetts Attorney General filed a lawsuit against the company, accusing it of knowingly profiting from scams targeting the elderly. FBI data shows that losses due to cryptocurrency ATM fraud in the United States reached $333 million in 2025. Bitcoin Depot currently operates 8,800 ATMs in North America.
