Forest Lake, Minnesota, is tackling rising cryptocurrency scams, with victims losing over $300,000 in two years. Scammers impersonate officials, coercing victims into using cryptocurrency kiosks. The city council is considering regulations, including registration fees, security cameras, and bans on kiosks linked to multiple fraud cases. Other Minnesota cities face similar issues, while nationally, the FBI reported $189 million in losses from kiosk-related scams in 2023. India has also seen major crypto frauds, including a ₹1,000-crore Ponzi scheme. These cases highlight the urgent need for stricter regulations and public awareness to combat cryptocurrency-related fraud worldwide.