Secret Service: Bitcoin ATM Company Involved in Unlicensed Kiosks and Crypto Scams

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Bitcoin ATM Company Accused of Unlicensed Kiosks and Crypto Scams by Secret Service​

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During an investigation by the Cyber Crime and Money Laundering Task Group of the United States Secret Service, 52 bitcoin kiosks were seized. This operation was part of a larger effort to crack down on financial crimes and protect consumers from fraudulent activities.

A Bitcoin (BTC) technology firm and its executives have been indicted for allegedly running an illegal crypto kiosk network in Ohio, which knowingly profited from victims of cryptocurrency scams.

S&P Solutions, operating as Bitcoin of America, and three of its executives have been charged with money laundering, conspiracy, and other crimes related to the operation of more than 50 unlicensed crypto kiosks in the state...Read More
 
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