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crypto atm

  • FCA: First illegal crypto ATM operator pleads guilty

    Investing

    The first person charged with illegally running a crypto ATM network has pleaded guilty after the Financial Conduct Authority brought a case against him earlier this month. Olumide Osunkoya pleaded guilty today to five offences at Westminster Magistrates’ Court, after running multiple crypto ATMs without FCA registration. In addition, he was charged for creating and [...]

  • City regulator charges first individual with running illegal crypto ATM network

    Banking

    The City watchdog has brought its first charges against an individual for running a network of illegal cryptocurrency ATMs.

    The defendant will appear before Westminster Magistrates’ Court on 30 September.

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