Security

Lincoln, Nebraska considering bitcoin ATM anti scam ordinance

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October 14, 2025

Lincoln, Nebraska Mayor Leirion Gaylor Baird is calling for an ordinance to prevent bitcoin ATM scams. If passed, bitcoin ATM operators would have to put up a sign from local law enforcement informing users of scam risks, according to a report by Nebraska Public Media.

There are around 40 bitcoin ATMs in Lincoln and police claim that fraud cases have more than doubled when the ATMs were first installed in 2021. This reflects a growing concern over bitcoin ATM fraud, as the FBI received reports of $124.3 million in losses from 2024, with 86% of that coming from people 60 and older.

"While it's clear that cryptocurrency fraud is on the rise, so is our resolve to stop it," Michon Morrow, Lincoln Police Chief said in the report. "We will engage directly with local businesses that operate crypto ATMs to provide guidance on the warning signage that needs to be attached to their kiosk."

Baird said the ordinance will get its first reading on Oct. 27, with a vote taking place on Nov. 27. It joins other localities and states considering or enacting bitcoin ATM regulations, such as Forsyth County, Georgia and Illinois, which passed a law requiring anti-fraud prevention and refunds for victims.

In addition, the Washington, D.C. Attorney General is suing Athena Bitcoin for allegedly profiteering off scam victims and not being upfront about its fees.