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747 Seven crypto ATMs seized and two arrested in latest FCA crackdown

UK Tech News
Oscar Hornstein @ UK Tech News · 07/17/2025 08:00 EDT

Seven crypto ATMs seized and two arrested in latest FCA crackdown

Two individuals have been arrested on suspicion of running illegal crypto ATMs and money laundering in joint operation by the Financial Conduct Authority (FCA) and Metropolitan Police. During the operation, four premises across southwest London were searched, during which seven illegal crypto ATMs were found and seized. “If you’re operating a crypto ATM or exchange ...

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