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Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam

The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing…

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FCA Secures First Conviction for Illegal Crypto ATM Operation in UK

Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions…

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Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California

A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain…

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