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961 Crypto ATM operator pleads guilty to law break in landmark conviction

UK Tech News
Oscar Hornstein @ UK Tech News Ā· 09/30/2024 09:04 EDT

Crypto ATM operator pleads guilty to law break in landmark conviction

The operator of a network of illegal crypto ATMs has pleaded guilty in Westminster Magistrates Court in the first UK conviction of its kind. Olumide Osunkoya is due to be sentenced for five counts of operating ATMs used for buying and selling cryptoassets without registration from the Financial Conduct Authority (FCA). Under British law, ventures ...

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