A major cryptocurrency ATM operator will pay $1.9 million to Maine residents who were defrauded by scammers using the company’s kiosks, according to a consent agreement with the state.

The agreement, between Bitcoin Depot and the Maine Bureau of Consumer Credit Protection, follows a two-year investigation that included the Office of the Maine Attorney General. It was signed in December and announced Monday.

Bitcoin Depot is based in Atlanta and operates over 25,000 kiosks in the U.S., Canada, Australia, Mexico and Hong Kong, according to its website. The company operated about 80 unlicensed kiosks in Maine — until the state passed emergency legislation in June to regulate virtual currency ATMs.

Bitcoin Depot’s website no longer lists kiosks in Maine. “They’ve been gone since last summer,” said Linda Conti, bureau superintendent.

Most of the company’s machines were in York, Cumberland, Kennebec and Penobscot counties, Conti said.

It’s unclear how many Mainers have been scammed through Bitcoin Depot kiosks, exactly where they were located or how much money each victim might receive.

“We will not know how much each refund will be until we have received and reviewed all of the claims,” according to information posted on the bureau’s website.

Claims must be filed on or before April 1, 2026, and may be submitted online. The bureau will begin issuing refunds in May.

INVESTIGATIONS UNDERWAY

The bureau said the scams involved transactions made at Bitcoin Depot kiosks, where people purchased cryptocurrency and deposited it into “unhosted wallets” provided by third-party fraudsters.

An unhosted wallet is a type of digital wallet that is hosted and controlled by a user, rather than by a financial institution, money transmitter, exchange or other virtual asset service provider.

Although Bitcoin Depot no longer has kiosks in Maine,nearly 100 other cryptocurrency ATMs are still operating across the state, Conti said, including CoinFlip, CoinStar and Coinme machines.

In March 2023, bureau investigators found that Bitcoin Depot kiosks in Maine appeared to provide money transmission functions and invited the company to apply for a money transmitter license, according to the consent agreement.

The company applied for a license that month, but the application wasn’t deemed complete until February 2025 and was denied in April 2025. Bitcoin Depot appealed the decision in May.

In July 2025, the bureau provided Bitcoin Depot with a list of consumer transactions at its kiosks in which Maine consumers may have suffered financial loss and harm as a result of third-party fraudsters.

As part of the consent agreement, Bitcoin Depot must send a $1.9 million check to Maine’s attorney general by Feb. 2 and has agreed to fully comply with Maine’s consumer protection laws as a now-licensed money transmitter.

Bitcoin Depot is still licensed to transmit funds in Maine through online transactions, Conti said.

The bureau continues to investigate other cryptocurrency kiosk operators, she said. “The kiosks are where the trouble happens,” Conti said.

CONSUMER PROTECTION

Gov. Janet Mills praised the bureau for securing an agreement with Bitcoin Depot “that will put money back into the pockets of Maine people who were defrauded by predatory third-party scammers.”

Mills urged all Mainers “to talk with their loved ones about the threats of scammers and precautions to take to avoid these cruel and often sophisticated schemes.” 

Maine has recently adopted laws that protect consumers from third-party scammers, including the Maine Money Transmission Modernization Act, which the governor signed in 2024.

In June 2025, Mills also signed emergency legislation that limits daily transmission amounts from virtual currency kiosks, caps fees and exchange rates, and provides redress for consumers.

“Maine’s new consumer protection laws have allowed us to reach this consent agreement,” Conti said. “Whenever you have new technologies, you’re going to have people who are vulnerable and need to be protected.”

The laws include an unhosted wallet provision, which requires money transmitters to employ new technologies to ensure that Maine consumers own and control their virtual wallets.

To be eligible for a portion of the $1.9 million, claimants must have been a Maine resident between 2022 and 2025; used a Bitcoin Depot kiosk in Maine during that period to convert cash to cryptocurrecy; and deposited the cryptocurrency into an unhosted wallet provided by a scammer or third-party fraudster.

The full consent agreement and FAQs for consumers are available on the bureau’s website. For more information call 800-332-8529 or 207-624-8527.

Costs are up. It’s all around.

Nationally, inflation charted 2.7% in November, according to the latest available data from the Bureau of Labor Statistics. That figure was slightly higher in the northeast region, where prices rose about 3.1% in November compared to the same month last year.

The latest inflation numbers were better than some had expected, but many Americans say they still feel the pinch of high prices.

James Myall, an analyst with the Maine Center for Economic Policy, a left-leaning think tank, said that disconnect between “high-level” economic data and consumer sentiment is likely driven by the price of essentials, which carry more weight than other expenses.

“Probably, the things that people are feeling the most are those costs that feel unavoidable: rent, groceries,” Myall said.

Myall noted that the rate of price increases has slowed since its peak during the COVID-19 pandemic, from about 2021 to 2023, but wage growth also appears to be losing steam, which can further weaken Mainers’ spending power in the face of rising prices.

All told, Myall said the economy appears to be on a better trajectory than he expected in early 2025. But Trump administration policies like tariffs and mass deportations, which could shrink the labor pool, still leave things on shaky ground.

“I feel like we’ve gone from a generally strong and growing economy, especially for workers, (a year ago) to one that’s like plateauing and maybe teetering on the edge a little bit,” Myall said.

In preparation for the new year, we reviewed the cost of essentials to see how prices changed in 2025, and where things stand at the beginning of 2026.

Groceries

In January 2025, the average price for a gallon of 2% milk was $4.91, a pound of 80/20 ground beef was $5.70, and a dozen large, brown eggs cost $5.50. That’s according to data collected by Maine Public, which surveyed four grocers across the state.

On Tuesday, the average price of eggs at Whole Foods, Hannaford, Shaw’s and Walmart locations in Greater Portland was $3.03. That marks a 44.9% decrease — though prices were anomalously high at the beginning of last year, driven up by a surge in avian flu.

For a pound of ground beef, the average price was $6.23, a 9.3% rise. And the average milk price was $4.49 — down 8.6% from January.

Vehicles

Overall, Mainers paid less for new cars and more for used cars in 2025 than in 2024, according to data aggregated by Cox Automotive Group, operator of Kelley Blue Book.

The average sale price for a new car in Maine was $46,289 at the beginning of December 2025, down about 5.1% from $48,756 at the same time in 2024.

Maine’s prices were lower than the national average: $49,913 in December 2024 and $47,042 in December 2025, according to preliminary data shared with the Press Herald. Nationally, the average price for new cars hit an all-time record of $50,080 in September, Kelley Blue Book announced.

But it was a different story for used vehicles. The average sale price for used cars in Maine rose about 7.1%, from $28,813 in December 2024 to $30,868 a year later. Nationally, used car sale prices went from $29,570 to $30,383 — a 2.7% increase, according to the Cox data.

The Bureau of Labor Statistics meanwhile reported a 3.6% increase in used car prices from November 2024 to 2025.

Vehicle retailer CarGurus, which also tracks used car prices nationally, reported a smaller change. Its average price was $27,570 at the beginning of December, up about $112 or 0.4% from a year earlier.

But prices rose more sharply for SUVs and crossovers (1.3%), sedans (2.3%) and pickup trucks (3.7%), according to CarGurus.

Gas

The price of a gallon of regular unleaded gasoline fell about 10 cents between the beginning of 2025 and the same time in 2026, according to data aggregated by AAA.

On average, a gallon of gas ran about $2.93 on Friday, a 3.3% drop since the same date in 2025, when the price was about $3.03. Premium gas fell from about $4.01 to $3.97 a gallon, or about 1%.

The price of diesel, however, rose about 5% in that time frame, from about $3.79 to $3.98 per gallon.

Electricity

Energy costs continue to grow faster than the pace of inflation. In the northeast, energy prices rose 6.3% year-over-year in November — more than double the overall rate of inflation, according to the Bureau of Labor Statistics.

In Maine, rising electricity costs are a key concern for ratepayers and public officials. The state’s electricity costs are largely reliant on the price of natural gas, which is used to generate electricity, and customers also have to pay their utility to deliver that power to their homes and businesses.

For customers of Central Maine Power Co., the state’s largest electrical utility, the average bill will be 12.4% higher this month than it was a year prior.

That translates to a charge of $168.41 this month, compared to $149.76 in January 2025 for households using the typical 550 kilowatt-hours, according to the state Department of Energy Resources and Public Utilities Commission. Exact amounts vary based on customers’ usage.

Heating oil

Roughly half of Mainers rely on oil as their primary home heating source — the most of any state.

Statewide, the average cost for a gallon of heating oil was $3.47 last week, according to the latest available data from the Maine Department of Energy Resources.

That’s about eight cents higher, or 2.4%, than it was at the end of 2024, according to an archive of the state’s website. Back then, the statewide average clocked in at $3.39.

During that same window, a gallon of propane fell from $3.32 to $3.29 and the average cost of kerosene rose from $4.18 to $4.40 per gallon. About 16% of Mainers rely on propane and other tank-stored fuels for heat, according to data from the American Community Survey.

Julie Smith of Readfield is a single parent whose son was in the Principles of Economics class at Brown University during the Dec. 13 shooting that resulted in the deaths of two students.

When classrooms become crime scenes, leadership is no longer measured by intentions or press statements. It is measured by outcomes—and by whether the people responsible for public safety are trusted and empowered to act without hesitation.

On December 13, 2025, a gunman opened fire during a review session for a Principles of Economics class at Brown University. Two students were murdered. Others were wounded. The campus was locked down as parents across the country waited for news no family should ever have to receive.

Maine was not watching from a distance.

My son, a recent graduate of a rural Maine high school, is a freshman at Brown. He was in that Principles of Economics class. He was not in the targeted study group—but students who sat beside him all semester were. These were not abstract victims. They were classmates and friends. Young people who should have been worried about finals, not hiding in lockdown, texting parents to say they were alive.

Despite the fact that the Brown shooting directly affected Maine families, Gov. Janet Mills offered no meaningful public acknowledgment of the tragedy. No recognition that Maine parents were among those grieving, afraid, and desperate for reassurance. In moments like these, acknowledgment matters. Silence is not neutral. It signals whose fear is seen—and whose is ignored. The violence at Brown is a Maine issue: our children are there. Our families are there. The fear, grief, and trauma do not stop at state lines.

The attack and what followed the attack deserve recognition. Law enforcement responded quickly, professionally, and courageously. Campus police, city officers, state police, and federal agents worked together to secure the campus and prevent further loss of life. Officers acted decisively because they understood their mission—and because they knew they would be supported for carrying it out.

That kind of coordination does not happen by accident. It depends on clear authority, mutual trust, and leadership that understands a basic truth: in moments of crisis, law enforcement must be free to work together immediately, without second-guessing.

Even when officers do everything right, the damage does not end when a campus is secured. Students return to classrooms changed—hyper-alert, distracted, scanning exits instead of absorbing ideas. Parents carry a constant, low-level dread, flinching at late-night calls and unknown numbers. Gun violence in schools does not just injure bodies; it fractures trust, rewires behavior, and leaves psychological scars that no statement or reassurance can undo.

That reality makes silence—and policy choices that undermine law enforcement—impossible to ignore.

After the Lewiston massacre in 2023, Governor Mills promised lessons would be learned—that warning signs would be taken seriously, mental-health systems strengthened, and public-safety coordination improved. Those promises mattered because Maine had already paid an unbearable price.

Instead of providing unequivocal support for law enforcement, the governor has taken actions that signal hesitation. Her decision to allow LD 1971 to become law is the latest example. The law introduces technical requirements that complicate inter-agency cooperation by emphasizing legal boundaries and procedural caution. Even when cooperation is technically “allowed,” the message to officers is unmistakable: slow down, worry about liability, protect yourself first.

In emergencies, that hesitation can cost lives. Hesitation by law enforcement in Providence could have cost my son his life. We cannot allow hesitation to become the precedent for Maine policies.

In 2025 alone, hundreds of gun-related incidents have occurred on K–12 and college campuses nationwide. This is not theoretical. This is the environment in which our children are expected to learn—and the reality Maine families carry with them wherever their children go.

My son worked his entire academic life—without wealth or legacy—for the chance to pursue higher education, believing it would allow him to return to Maine rather than leave it behind. Now he is asking a question no 18-year-old should have to ask: why come home to a state whose leaders hesitate to fully stand behind the people responsible for keeping him alive?

Maine’s leaders must decide whose side they are on when crisis strikes: the officers who run toward danger, or the politics that ask them to slow down first.

Parents are done with hollow promises. Students deserve leaders who show their support not with words—but with action.