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FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

FCA Files First Charges Against Unregistered Crypto ATM Operator in UK

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Source: Bitcoin.com

FCA Files First Charges Against Unregistered Crypto ATM Operator in UKThe UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering […]

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Author: Kevin Helms