UK Regulator Cracks Down on Unauthorized Crypto ATMs
The UK's FCA initiates first-ever legal proceedings against operators of illegal cryptocurrency ATMs, signaling a crackdown on unregistered crypto services.
ATM
Unlicensed UK Crypto ATM Network Operator Faces Criminal Charges
The FCA has pressed criminal charges against Olumide Osunkoya for operating an illegal cryptocurrency ATM network in the UK, a first of its kind case.
Crypto ATM Scams Skyrocket by 1,000% Since 2020: FTC Warns Consumers
The FTC reports a 10-fold surge in Bitcoin ATM scams, with older adults being the primary targets, highlighting the need for caution and preventive measures against crypto fraud.