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Nebraskans have lost millions of dollars to cryptocurrency scams, and a new Lincoln city ordinance is aiming to curb that trend.As of Wednesday, locations operating the roughly 100 cryptocurrency ATMs in Lincoln are required to display warning stickers on the machines. The measure is designed to alert users to common scam tactics, particularly those targeting older adults and other vulnerable residents“These stickers have a big stop sign on them,” said Tom Beckius, a member of the Lincoln City Council. “What we’re hoping is that at the very least, people will stop and rethink what’s going on. Oftentimes, these scams are emotional in nature. Sometimes they’re very sophisticated, and they always move really, really quickly.”Authorities say many of the scams begin with a phone call. Scammers often use high-pressure tactics and emotional manipulation to create fear and urgency, convincing victims they must act immediately.“They get people so scared and fearful that it’s kind of like they’re in a fog and aren’t thinking,” said Chief Deputy Ben Houchin with the Lancaster County Sheriff’s Office.Once victims are directed to a cryptocurrency ATM, the losses can be immediate and irreversible.“You put your money in that ATM — it’s gone,” Houchin said. “We’re not going to be able to get it back for you.”Officials estimate cryptocurrency ATM scams have cost Lincoln residents about $12 million so far this year. An additional $500,000 has been lost across Lancaster County outside Lincoln city limits.In response, the City of Lincoln worked alongside the Lincoln Police Department and AARP to craft the ordinance requiring the warnings. City leaders say the effort is part of a broader strategy to combat crypto-related fraud.“Not only are we looking at this ordinance, but actually in 2026, we’ll be adding one dedicated investigator working in the Lincoln Police Department only on cryptocurrency,” Beckius said. “It’s that important to our citizens.” City officials encourage anyone who believes they may be targeted by a scam to contact law enforcement before sending money or completing a transaction.“If they take just a step back and take a breath, maybe call somebody they know and trust and do some of those things,” Houchin said. “Hopefully, these stickers will help with that.”
Nebraskans have lost millions of dollars to cryptocurrency scams, and a new Lincoln city ordinance is aiming to curb that trend.
As of Wednesday, locations operating the roughly 100 cryptocurrency ATMs in Lincoln are required to display warning stickers on the machines. The measure is designed to alert users to common scam tactics, particularly those targeting older adults and other vulnerable residents
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“These stickers have a big stop sign on them,” said Tom Beckius, a member of the Lincoln City Council. “What we’re hoping is that at the very least, people will stop and rethink what’s going on. Oftentimes, these scams are emotional in nature. Sometimes they’re very sophisticated, and they always move really, really quickly.”
Authorities say many of the scams begin with a phone call. Scammers often use high-pressure tactics and emotional manipulation to create fear and urgency, convincing victims they must act immediately.
“They get people so scared and fearful that it’s kind of like they’re in a fog and aren’t thinking,” said Chief Deputy Ben Houchin with the Lancaster County Sheriff’s Office.
Once victims are directed to a cryptocurrency ATM, the losses can be immediate and irreversible.
“You put your money in that ATM — it’s gone,” Houchin said. “We’re not going to be able to get it back for you.”
Officials estimate cryptocurrency ATM scams have cost Lincoln residents about $12 million so far this year. An additional $500,000 has been lost across Lancaster County outside Lincoln city limits.
In response, the City of Lincoln worked alongside the Lincoln Police Department and AARP to craft the ordinance requiring the warnings. City leaders say the effort is part of a broader strategy to combat crypto-related fraud.
“Not only are we looking at this ordinance, but actually in 2026, we’ll be adding one dedicated investigator working in the Lincoln Police Department only on cryptocurrency,” Beckius said. “It’s that important to our citizens.”
City officials encourage anyone who believes they may be targeted by a scam to contact law enforcement before sending money or completing a transaction.
“If they take just a step back and take a breath, maybe call somebody they know and trust and do some of those things,” Houchin said. “Hopefully, these stickers will help with that.”