Maine to receive $1.9M in settlement with Bitcoin kiosk operator

January 5, 2026

MINUTE UPDATES OR DOWNLOAD OUR APP BY SEARCHING “WMTW” ON YOUR APP STORE. NEW AT 4 — MAINERS AFFECTED BY A WIDESPREAD BITCOIN KIOSK SCAM.. WILL SHARE NEARLY TWO MILLION DOLLARS.. THE STATE’S BUREAU OF CONSUMER CREDIT PROTECTIONS TODAY ANNOUNCING A SETTLEMENT WITH BITCOIN DEPOT — AFTER MAINERS WERE TARGETED BY THIRD- PARTY SCAMMERS THROUGH THE MACHINES. BITCOIN DEPOT ALSO AGREEING TO COMPLY WITH MAINE’S CONSUMER PROTECTION LAWS GOING FORWARD. GOVERNOR JANET MILLS SAYS.. SHE’S GRATEFUL TO THE BUREAU FOR THEIR WORK IN STRIKING THE AGREEMENT –

Maine to receive $1.9 million in settlement with Bitcoin kiosk operator

Updated: 5:12 PM EST Jan 5, 2026

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The Maine Bureau of Consumer Credit Protection announced Monday that it will receive $1.9 million from Bitcoin Depot, an operator of Bitcoin kiosks, as part of a settlement to help Maine consumers who were defrauded by third-party scammers through the company’s kiosks.As part of the settlement, Bitcoin Depot will also fully comply with Maine’s consumer protection laws to operate as a licensed money transmitter in the state.”I am grateful that our Bureau of Consumer Credit Protection secured this agreement that will put money back into the pockets of Maine people who were defrauded by predatory third-party scammers,” Gov. Janet Mills said in a statement. “I urge all Maine people to talk with their loved ones about the threats of scammers and precautions to take to avoid these cruel and often sophisticated schemes.”In June 2025, Mills signed “An Act to Regulate Virtual Currency Kiosks,” legislation that limits daily transmission amounts, caps fees and exchange rates, and provides redress for consumers.Maine has enacted a number of comprehensive consumer protection laws when it comes to preventing and protecting consumers from third-party scammers, including the Maine Money Transmission Modernization Act, which Mills signed in 2024.”Maine’s new consumer protection laws have allowed us to come to this consent agreement and protect vulnerable consumers from falling victim to third-party scams,” Linda Conti, superintendent of the Bureau of Consumer Credit Protection, said in a statement. “These laws include the unhosted wallet provision under Maine law, which requires money transmitters to employ new technologies to ensure that Maine consumers own and control their virtual wallets.”The full settlement agreement and frequently asked questions (FAQs) for Maine consumers are now available on the Bureau of Consumer Credit Protection’s website.Maine residents who have lost money at a Bitcoin Depot crypto kiosk in Maine as part of a scam can submit a complaint online.The bureau encourages consumers who have questions to call 1-800-332-8529 or 207-624-8527.

The Maine Bureau of Consumer Credit Protection announced Monday that it will receive $1.9 million from Bitcoin Depot, an operator of Bitcoin kiosks, as part of a settlement to help Maine consumers who were defrauded by third-party scammers through the company’s kiosks.

As part of the settlement, Bitcoin Depot will also fully comply with Maine’s consumer protection laws to operate as a licensed money transmitter in the state.

“I am grateful that our Bureau of Consumer Credit Protection secured this agreement that will put money back into the pockets of Maine people who were defrauded by predatory third-party scammers,” Gov. Janet Mills said in a statement. “I urge all Maine people to talk with their loved ones about the threats of scammers and precautions to take to avoid these cruel and often sophisticated schemes.”

In June 2025, Mills signed “An Act to Regulate Virtual Currency Kiosks,” legislation that limits daily transmission amounts, caps fees and exchange rates, and provides redress for consumers.

Maine has enacted a number of comprehensive consumer protection laws when it comes to preventing and protecting consumers from third-party scammers, including the Maine Money Transmission Modernization Act, which Mills signed in 2024.

“Maine’s new consumer protection laws have allowed us to come to this consent agreement and protect vulnerable consumers from falling victim to third-party scams,” Linda Conti, superintendent of the Bureau of Consumer Credit Protection, said in a statement. “These laws include the unhosted wallet provision under Maine law, which requires money transmitters to employ new technologies to ensure that Maine consumers own and control their virtual wallets.”

The full settlement agreement and frequently asked questions (FAQs) for Maine consumers are now available on the Bureau of Consumer Credit Protection’s website.

Maine residents who have lost money at a Bitcoin Depot crypto kiosk in Maine as part of a scam can submit a complaint online.

The bureau encourages consumers who have questions to call 1-800-332-8529 or 207-624-8527.

 

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