Crypto ATM Money Laundering: UK Operator Pleads Guilty to FCA Charges

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7 months ago bitnews

Olumide Osunkoya, in a landmark case, is the first UK individual to plead guilty to operating crypto ATM against the law. The 45-year-old Londoner pleaded guilty in Westminster Magistrates’ Court to running crypto-ATMs when not registered to do so, fabricating a document, and possessing criminal property. FCA Warns: Crypto ATMs “Handing Money to Criminals” Recently, The post Crypto ATM Money Laundering: UK Operator Pleads Guilty to FCA Charges appeared first on CoinGape .