Facing pressure from prosecutors in multiple states, Bitcoin Depot, an ATM operator, will require customers to provide personal identification documents for authentication each time they use its ATMs. The company stated that this move aims to combat account sharing, identity theft, and account takeover, and represents a significant step forward in preventing fraud and illicit activities. This comes after the Massachusetts Attorney General filed a lawsuit against the company earlier this month, accusing it of knowingly profiting from scams targeting the elderly. FBI data shows that losses due to cryptocurrency ATM fraud in the United States will reach $333 million in 2025. Bitcoin Depot currently operates 8,800 ATMs in North America.