🇬🇧 A man pleads guilty to illegally operating a cryptocurrency ATM network in the UK.

This is the first conviction in the UK for operating a cryptocurrency ATM network.

Olumide Osunkoya, 45, was charged by the FCA with processing £2.6 million (approximately $3.4 million) without having a registration.

"The court heard evidence that those who were probably committing money laundering or tax evasion were using his machines.

🗞️FCA