Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.
Crypto analytics company CipherTrace found bitcoin ATMs are increasingly being used to send funds to "high-risk exchanges" suspected of facilitating illicit activity.
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is considering doubling that count after a surge in usage amid the COVID-19 pandemic.