S. 710 · 119th Congress · Finance and Financial Sector
Crypto ATM Fraud Prevention Act of 2025
What it does
The Congressional Research Service hasn’t published a summary of this bill yet. Summaries usually follow within a few weeks of introduction.
Roll call votes
No recorded roll call votes on this bill. Most bills never get one; many pass by voice vote or unanimous consent, or stay in committee.
What members said about it
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Reed: It’s Time to Pull the Plug on Crypto ATM Scams
Last week, the Commodity Futures Trading Commission (CFTC) issued a warning that crypto ATM fraud is on the rise.
“The Trump family is profiting off of crypto ventures while the Trump Administration is failing to protect older Americans from scammers that are using crypto ATMs to steal their hard earned retirement savings. As the illicit financial losses pile up, the Trump Administration must be more proactive when it comes to…”
Latest action
Feb 25, 2025 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1347-1348; text: CR S1348-1350)