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Dick Durbin: “Last year alone, the FBI received more than 12,000…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Durbin Highlights His Amendments That Address Volatility And Corruption Of Cryptocurrency Industry

Published | Video Starts at 02:12

All the gains from last year have been wiped out. Investors in that cryptocurrency. Crypto has developed a troubling reputation for fraud, including scams facilitated by crypto ATMs, which disproportionately target senior citizens. In 2025. Last year alone, the FBI received more than 12,000 complaints of crypto ATM fraud that resulted in more than $333 million in losses. How does it work? A senior citizen gets a telephone call and is told you were supposed to show up for jury duty last month and you didn't show up. (02:12–02:23)

CLAIM

Asserts that the FBI received over 12,000 complaints of crypto ATM fraud resulting in $333 million in losses last year.

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