What should I do if I was scammed at a crypto ATM?

No government agency, bank or business will ask you to pay with a crypto ATM. Contact the kiosk operator, local police and the FBI at ic3.gov right away, and check the source above for any state refund rule.

Home / Crypto ATM laws / South Dakota

South Dakota crypto ATM (bitcoin kiosk) law

Q: Does South Dakota limit crypto ATMs?

Daily limits / fee caps. Since July 1, 2026 (SB 98): up to $1,000 a day and $10,000 per 30 days per user (SDCL 51A-18-8). Transaction charges capped at 25%. Operators need a money transmitter license, must give fraud warnings and refund fraud victims in some cases. (source: dlr.sd.gov, checked 2026-11-04).

Status: Daily limits / fee caps

Since July 1, 2026 (SB 98): up to $1,000 a day and $10,000 per 30 days per user (SDCL 51A-18-8). Transaction charges capped at 25%. Operators need a money transmitter license, must give fraud warnings and refund fraud victims in some cases.

Source: dlr.sd.gov (SB 98, effective July 1, 2026) · checked 2026-10-19

Transaction limits vs. scam rules

Transaction limits
Daily limit	$1,000/day and $10,000 per 30 days
New-customer limit	Same
Refund rule	Refunds to fraud victims in some cases
Scam rules
Warnings required	Fraud warnings required
Fee cap	25% transaction charges
Refund rights	Refunds to fraud victims in some cases

Source for this table: dlr.sd.gov, SB 98, effective July 1, 2026; checked 2026-10-19. "Unknown" means we couldn't confirm it in the official source, not that no rule exists.

Crypto ATM scam losses in South Dakota

In 2025, people in South Dakota filed 33 complaints with the FBI's Internet Crime Complaint Center (IC3) involving crypto kiosks, reporting $563,533 in losses.

Nationally: 13,460 complaints and $388.98 million in losses.

Source: FBI IC3, Cryptocurrency Kiosk Complaint Data By State (May 15, 2026). IC3 notes these complaints may also include other transaction types, so not all losses are from kiosks alone. Checked 2026-10-22.

Scammed at a crypto ATM? Do this now →

New crypto law this month (October 2026)

No new state crypto law found this month (checked 2026-10-22).

Scam warning: no government agency, bank or business will ever ask you to pay with a crypto ATM. If someone does, it's a scam. Report it to local police and the FBI at ic3.gov.

More for South Dakota

Not legal advice. Laws change; check the linked source.

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