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Category bitcoin atm

Bitcoin Depot Hit With $18.5M Award – Faces Dual Lawsuits Over “Crippling” ATM Failures

Bitcoin Depot Hit With $18.5M Award – Faces Dual Lawsuits Over “Crippling” ATM Failures

Bitcoin Depot has disclosed an $18.47M arbitration award tied to alleged defects in BitAccess ATM systems used by Cash Cloud, as it contests overla...
AUSTRAC Puts CryptoLink on Notice After Finding ‘Weaknesses’ in AML Framework

AUSTRAC Puts CryptoLink on Notice After Finding ‘Weaknesses’ in AML Framework

AUSTRAC has sent an infringement notice to the crypto ATM operator CryptoLink for late reporting and weaknesses in the AML framework. The post AUST...
DC Sues Crypto ATM Firm Athena Bitcoin Over Scam-Linked Deposits

DC Sues Crypto ATM Firm Athena Bitcoin Over Scam-Linked Deposits

The District of Columbia's Attorney General is taking legal action against Athena Bitcoin, alleging the crypto ATM operator facilitated fraud. The ...
Wisconsin Lawmakers Renew Push to Regulate Crypto Kiosks Amid $247M Fraud Losses

Wisconsin Lawmakers Renew Push to Regulate Crypto Kiosks Amid $247M Fraud Losses

Wisconsin legislators are making a renewed push to rein in cryptocurrency kiosks, filing a second bill in two weeks aimed at curbing fraud tied to ...
Treasury Issues Urgent Bitcoin ATM Scam Alert After $247M in Victim Losses

Treasury Issues Urgent Bitcoin ATM Scam Alert After $247M in Victim Losses

Bitcoin ATM fraud has cost victims $247 million since 2020, FinCEN has warned, citing scams that hit older adults hardest. With losses rising ten-f...