On September 14, 2026, Governor Kelly Ayotte unveiled a new law aimed at shielding Granite Staters from cryptocurrency ATM scams. She was joined by Attorney General John Formella, Manchester Mayor Jay Ruais, local police leaders, and AARP New Hampshire advocates.
At a press event held at the Manchester Police Department, the Governor and other speakers discussed the protections included in Senate Bill 482, urging the public to stay alert and informed about prevalent scams.
“Criminals are exploiting Granite Staters, stealing thousands of dollars. For victims, particularly seniors, these scams can lead to the loss of hard-earned savings,” stated Governor Ayotte. “This legislation establishes crucial safeguards to help thwart scams before they occur. I extend my gratitude to the Attorney General’s Office, AARP New Hampshire, dedicated law enforcement officials, and the Legislature for their efforts in getting this law enacted. We will continue to promote awareness to ensure that scammers cannot take advantage of our community, making it clear that New Hampshire is not a safe haven for these criminals.”
Senate Bill 482 imposes a daily transaction cap of $2,000 for all users. It mandates a 48-hour hold on the first transaction, enabling cancellations and refunds during that window, and guarantees full refunds for reported fraudulent activities within 14 days of the transaction. Additional measures include a direct communication line for law enforcement, prompts to alert users about potential fraud, blockchain monitoring, and the provision of both paper and digital receipts.
“Cryptocurrency ATM scams can devastate a lifetime of savings in mere minutes, and the elderly often bear the brunt of these attacks,” said Christina FitzPatrick, State Director for AARP New Hampshire. “Senate Bill 482 offers practical safeguards that protect consumers from irreversible losses at the hands of scammers. This bipartisan effort highlights what can be achieved when advocates, law enforcement, and policymakers unite to safeguard Granite Staters.”
“These scams are designed to instill fear and urgency, preventing victims from questioning what they’re being told,” remarked Manchester Police Chief Peter Marr. “The transaction limit, hold on initial transactions, and enhanced communication with law enforcement give us better chances to prevent fraud before money is lost. Remember, no legitimate entity will ever instruct you to make payments through a cryptocurrency ATM.”
“I commend Chief Marr and the Manchester Police Department for their efforts in educating the public and tackling these scams,” remarked Manchester Mayor Jay Ruais. “Manchester has led initiatives to raise awareness about cryptocurrency fraud, and SB 482 strengthens consumer protections while supporting law enforcement’s mission to safeguard our residents.”
“Cryptocurrency ATM scams are impacting communities throughout New Hampshire, with criminals becoming increasingly sophisticated,” noted Attorney General John Formella. “Senate Bill 482 introduces essential consumer safeguards that will complicate scammers’ efforts to exploit residents. However, vigilance is still essential. If something feels off, take a moment to verify the details and reach out to law enforcement before sending any money. Together, we can enhance protection for Granite Staters against fraud.”
“Law enforcement agencies across New Hampshire have witnessed the severe consequences of cryptocurrency ATM scams on individuals, families, and communities,” stated Chief Christopher Parsons, President of the New Hampshire Association of Chiefs of Police. “The protections outlined in SB 482 will disrupt a growing criminal operation by establishing significant barriers to fraud and ensuring accountability. This legislation is a crucial advancement in protecting residents and preventing criminals from preying on New Hampshire consumers.”
Local resident Ken Heideman recounted his personal experience with cryptocurrency ATM fraud, emphasizing the importance of recognizing warning signs.
“A scam like this does more than take away money; it alters your sense of security and makes you question your judgment,” Heideman explained. “I share my story to assure other Granite Staters that they are not alone and to demonstrate how swiftly these criminals can seize control. If anyone instructs you to withdraw cash and use a cryptocurrency ATM, pause, consult someone you trust, and contact law enforcement before proceeding.”