{"investigation":{"slug":"bitcoindepot","entity_name":"BitcoinDepot","trust_score":26,"severity_base":26,"score_modifier":0,"confidence":1,"status":"published","content_type":"investigation","summary":"Bitcoin Depot Inc. (Nasdaq: BTM) was North America's largest operator of cryptocurrency ATM kiosks before filing for Chapter 11 bankruptcy in May 2026 to wind down operations and sell its assets. The company faced attorney general lawsuits in Massachusetts and Iowa, enforcement actions in Washington State and Connecticut, a 2024 data breach affecting roughly 27,000 customers, and a leadership exodus, all amid allegations — many disputed by the company — that its kiosks were disproportionately used to funnel scam payments from elderly victims.","sections":[{"content":"Multiple state attorneys general allege that Bitcoin Depot knowingly profited from transactions tied to scams. The Massachusetts Attorney General's office alleged in a February 2026 lawsuit that more than 80% of the company's largest Massachusetts customers (those who spent $10,000 or more between August 2023 and January 2025) had been victims of scams, generating roughly $10.6 million in revenue — nearly 60% of the company's total Massachusetts kiosk revenue in that period. The complaint alleges Bitcoin Depot's own 2021 internal due-diligence review found that 90% of customers its staff interacted with were scam victims, and that the company weakened fraud controls over time rather than strengthening them, and allowed transactions with red flags such as customers using fake names. Bitcoin Depot disputes the allegations and says its business is built around compliance and consumer protection. Separately, Iowa's attorney general sued Bitcoin Depot and CoinFlip in February 2025, alleging Iowans sent more than $20 million combined through the two companies' machines and that Bitcoin Depot deceives customers about its refund policy while taking a 23% cut of transaction value.","heading":"Fraud Facilitation Allegations","sources":[{"url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers","name":"AG Campbell Sues Bitcoin Kiosk Operator for Facilitating Crypto Scams (Mass.gov)","type":"regulatory","credibility":1},{"url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams","type":"news_article","credibility":1},{"url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million","name":"Attorney General Bird Sues Crypto ATM Companies for Costing Iowans More than $20 Million","type":"regulatory","credibility":1}],"severity":"critical"},{"content":"Crypto ATM scam losses nationally have grown sharply, and older adults are disproportionately represented among victims. The FBI's Internet Crime Complaint Center reported more than 13,400 complaints involving crypto kiosks in 2025 with losses exceeding $388 million, a 58% increase over 2024; more than half of those complaints involved people over 50, accounting for over $302 million in losses. Bitcoin Depot, as the largest U.S. kiosk operator, has been named repeatedly in state and federal scrutiny of this trend: in September 2024, a group of U.S. senators wrote to Bitcoin Depot and other crypto ATM operators citing FTC data that people aged 60 and older were more than three times as likely as younger adults to report losses through a crypto ATM. Washington State regulators alleged that most Washington consumers who lost money to scams through Bitcoin Depot kiosks were over 60.","heading":"Scale of Consumer Harm","sources":[{"url":"https://www.bleepingcomputer.com/news/security/fbi-americans-lost-over-388-million-to-scams-using-crypto-atms-in-2025/","name":"FBI: Americans lost over $388 million to scams using crypto ATMs in 2025 (BleepingComputer)","type":"news_article","credibility":1},{"url":"https://dfi.wa.gov/news/press/washington-state-dfi-takes-action-against-bitcoin-depot-operating-llc","name":"Washington State DFI Takes Action Against Bitcoin Depot Operating, LLC","type":"regulatory","credibility":1},{"url":"https://judiciary.senate.gov/imo/media/doc/2024.9.11_Letter re Bitcoin ATM Fraud_combined.pdf","name":"Senate letter re Bitcoin ATM Fraud (Senate Judiciary Committee)","type":"official","credibility":1}],"severity":"critical"},{"content":"Bitcoin Depot has faced a cascade of state regulatory actions. Connecticut's Banking Commissioner issued a temporary cease-and-desist order against Bitcoin Depot on March 9, 2026, summarily suspending its money transmission license, citing alleged violations of the Connecticut Money Transmission Act including failure to maintain minimum net worth, charging fees above the state's cap, and incomplete refunds to scam victims; the company's shares fell sharply on the news. Washington State's Department of Financial Institutions filed a Statement of Charges dated June 11, 2026 against Bitcoin Depot Operating, LLC and an individual named in the filing as Brandon Taylor Mintz, seeking license revocation, an industry ban, and a $1.5 million fine, alleging the company charged customers up to 42% above market price, failed to follow anti-money-laundering and Know Your Customer requirements, and omitted required fee disclosures in more than 30,000 transactions. Maine's Bureau of Consumer Credit Protection reached a $1.9 million consent agreement with Bitcoin Depot in January 2026 to compensate scam victims, without an admission of wrongdoing; some press coverage rounded this to \"nearly $2 million.\" Tennessee and Indiana have banned crypto ATMs statewide outright (Tennessee's ban, signed in April 2026, took effect July 1, 2026, making operation a Class A misdemeanor), and Missouri's attorney general opened an investigation into Bitcoin Depot and other kiosk operators over allegedly deceptive fees.","heading":"State and Federal Regulatory Actions","sources":[{"url":"https://hartfordbusiness.com/article/ct-dept-of-banking-suspends-bitcoin-depots-license-over-scam-losses-fee-violations/","name":"CT Dept. of Banking suspends Bitcoin Depot's license over scam losses, fee violations","type":"news_article","credibility":2},{"url":"https://cointelegraph.com/news/connecticut-bitcoin-depot-license-halt-stock-slide","name":"Connecticut Bitcoin Depot license halt triggers stock slide","type":"news_article","credibility":2},{"url":"https://dfi.wa.gov/news/press/washington-state-dfi-takes-action-against-bitcoin-depot-operating-llc","name":"Washington State DFI Takes Action Against Bitcoin Depot Operating, LLC","type":"regulatory","credibility":1},{"url":"https://wagmtv.com/2026/01/06/maine-receive-19-million-following-fraud-settlement-with-bitcoin-depot/","name":"Maine to receive $1.9 million following fraud settlement with Bitcoin Depot","type":"news_article","credibility":2},{"url":"https://abcnews.com/US/bitcoin-depot-top-crypto-kiosk-vendor-pay-2m/story?id=128951890","name":"Bitcoin Depot, a top crypto ATM vendor, to pay nearly $2M to compensate fraud victims (ABC News)","type":"news_article","credibility":1},{"url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown","name":"Tennessee bans crypto ATMs statewide, joining Indiana in fraud crackdown","type":"news_article","credibility":2}],"severity":"critical"},{"content":"Bitcoin Depot underwent rapid leadership turnover amid the regulatory pressure. Scott Buchanan stepped down as CEO in late March 2026 after less than three months in the role; the board named former MoneyGram chairman and CEO Alex Holmes as the new Chairman and CEO, while founder Brandon Mintz relinquished his executive chairman role but remained on the board as an adviser. The company separately disclosed, in connection with a late SEC filing, that it expected to report unremediated \"material weaknesses\" in its internal controls. In April 2026 the company appointed Tony Gagliardi, a compliance veteran from OKX, Paxos, Coinbase, HSBC and Standard Chartered, as Chief Compliance Officer, reporting to Holmes, with responsibility for AML/KYC programs, state licensing, transaction monitoring and consumer protection.","heading":"Internal Compliance Failures and Leadership Exodus","sources":[{"url":"https://decrypt.co/362262/bitcoin-depot-ceo-departs-broader-crypto-atm-crackdown","name":"Bitcoin Depot CEO Departs Amid Broader Crypto ATM Crackdown","type":"news_article","credibility":2},{"url":"https://finance.yahoo.com/markets/crypto/articles/bitcoin-depot-ceo-steps-down-160130002.html","name":"Bitcoin Depot CEO steps down (Yahoo Finance)","type":"news_article","credibility":2},{"url":"https://www.globenewswire.com/news-release/2026/04/13/3272434/0/en/bitcoin-depot-appoints-new-compliance-officer-tony-gagliardi.html","name":"Bitcoin Depot Appoints New Compliance Officer, Tony Gagliardi (GlobeNewswire)","type":"official","credibility":2},{"url":"https://crypto.jobs/news/bitcoin-depot-reports-internal-control-issues-following-connecticut-license-suspension","name":"Bitcoin Depot Reports Internal Control Issues Following Connecticut License Suspension","type":"news_article","credibility":2}],"severity":"high"},{"content":"Bitcoin Depot and sixteen affiliates filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas; the company's own SEC filing states \"On May 17, 2026\" as the petition date (some press coverage dates the filing to May 18, 2026, the date of the public announcement). The filing was structured as an orderly wind-down and asset sale rather than a reorganization: the company took its entire network of roughly 9,000–9,700 kiosks offline, retained Vinson & Elkins as legal counsel and Portage Point Partners as restructuring advisor, and said its Canadian subsidiaries would be included in the U.S. proceeding while non-U.S., non-Canadian entities would wind down under local rules. CEO Alex Holmes attributed the filing to an \"unsustainable\" state regulatory environment, layered on top of litigation and enforcement actions. Nasdaq subsequently moved to delist the company's Class A common stock and warrants, suspending trading on May 26, 2026, citing the bankruptcy and a delinquent quarterly filing; the stock, which had traded near $45 in mid-2025, had fallen more than 90% by the time of the suspension. State regulators have since directed consumers with outstanding claims to the bankruptcy case: Arkansas's securities regulator, for example, said 19 Arkansas consumers were owed a combined $33,312 in refunds and would be contacted directly, with other claimants able to file through the bankruptcy claims process.","heading":"Chapter 11 Bankruptcy and Kiosk Shutdown","sources":[{"url":"https://www.sec.gov/Archives/edgar/data/0001901799/000119312526227832/d130621d8k.htm","name":"Bitcoin Depot Inc. Form 8-K (Chapter 11 petitions)","type":"regulatory","credibility":1},{"url":"https://www.crowdfundinsider.com/2026/05/280062-bitcoin-depot-initiates-chapter-11-bankruptcy-for-orderly-shutdown-and-asset-sale/","name":"Bitcoin Depot Initiates Chapter 11 Bankruptcy for Orderly Shutdown and Asset Sale","type":"news_article","credibility":2},{"url":"https://decrypt.co/368146/crypto-atm-operator-bitcoin-depot-files-for-chapter-11-bankruptcy","name":"Crypto ATM operator Bitcoin Depot files for Chapter 11 bankruptcy (Decrypt)","type":"news_article","credibility":2},{"url":"https://www.icij.org/investigations/coin-laundry/crypto-atm-operator-bitcoin-depot-files-for-bankruptcy/","name":"Crypto ATM operator Bitcoin Depot files for Chapter 11 bankruptcy (ICIJ)","type":"news_article","credibility":1},{"url":"https://chapter11cases.com/blogs/news/bitcoin-depot-files-for-chapter-11-to-wind-down-and-sell-its-business","name":"Bitcoin Depot files for Chapter 11 to wind down and sell its business","type":"other","credibility":3},{"url":"https://securities.arkansas.gov/bitcoin-depot-files-for-bankruptcy-arkansas-consumers-may-be-eligible-for-compensation/","name":"Bitcoin Depot files for bankruptcy; Arkansas consumers may be eligible for compensation","type":"regulatory","credibility":1},{"url":"https://www.whiterivernow.com/2026/07/07/bitcoin-depot-bankruptcy-leaves-arkansans-owed-refunds-state-warns/","name":"Bitcoin Depot bankruptcy leaves Arkansans owed refunds, state warns","type":"news_article","credibility":2}],"severity":"high"},{"content":"Separate from the fraud and bankruptcy matters, an arbitration tribunal awarded Cash Cloud, Inc. (which had operated as Coin Cloud) $18.47 million against Bitcoin Depot's Canadian subsidiary BitAccess, finding breaches of a 2020 Master Purchase Agreement related to alleged performance failures of BitAccess hardware and software sold to Coin Cloud. Bitcoin Depot disclosed the award in a November 2025 SEC filing and said it is seeking to have the award set aside. Cash Cloud also pursued a companion suit for the same amount in the U.S. Bankruptcy Court for the District of Nevada, which Bitcoin Depot has argued largely overlaps with the arbitration and is without merit; the company said it cannot predict the outcome with certainty.","heading":"Litigation Over BitAccess/Coin Cloud Acquisition","sources":[{"url":"https://www.sec.gov/Archives/edgar/data/1901799/000119312525292060/btm-20251124.htm","name":"Bitcoin Depot Inc. Form 8-K (BitAccess arbitration award)","type":"regulatory","credibility":1},{"url":"https://decrypt.co/350058/bitcoin-depot-contests-award-subsidiary-faces-dual-legal-battles","name":"Bitcoin Depot Contests $18.5M Award as Subsidiary Faces Dual Legal Battles","type":"news_article","credibility":2},{"url":"https://becausebitcoin.com/post/bitcoin-depot-bitaccess-18-47m-arbitration-nevada-bankruptcy-coin-cloud","name":"Bitcoin Depot, BitAccess, $18.47M arbitration, Nevada bankruptcy, Coin Cloud","type":"other","credibility":3}],"severity":"medium"},{"content":"Bitcoin Depot disclosed in its SEC Form 10-K that it detected a data security incident on its network in June 2024 and completed an internal investigation by mid-July 2024, but delayed notifying affected customers until July 2025 at the request of federal law enforcement, which was investigating the matter. The breach exposed personal information — including names, phone numbers and driver's license numbers, and for some records, email addresses, physical addresses and dates of birth — for approximately 26,700–27,000 customers. A proposed nationwide class action was filed in the U.S. District Court for the Northern District of Georgia (Hall v. Bitcoin Depot) alleging negligence and violations of Georgia's Uniform Deceptive Trade Practices Act and seeking damages and extended credit monitoring; a federal judge dismissed the suit in April 2026, finding the plaintiff had not plausibly alleged concrete harm or misuse of the exposed data, according to Law360's coverage of the ruling.","heading":"Data Breach (2024, Disclosed July 2025)","sources":[{"url":"https://www.sec.gov/Archives/edgar/data/1901799/000119312526113938/btm-20251231.htm","name":"Bitcoin Depot Inc. Form 10-K","type":"regulatory","credibility":1},{"url":"https://www.bitdefender.com/en-us/blog/hotforsecurity/bitcoin-depot-data-breach-exposes-personal-info-of-nearly-27-000-customers","name":"Bitcoin Depot Data Breach Exposes Personal Info of Nearly 27,000 Customers","type":"news_article","credibility":2},{"url":"https://www.classaction.org/data-breach-lawsuits/bitcoin-depot-july-2025","name":"Bitcoin Depot Data Breach Lawsuits (ClassAction.org)","type":"news_article","credibility":2},{"url":"https://www.law360.co.uk/amp/articles/2469298","name":"Bitcoin Depot Data Breach Suit Can't Proceed, Judge Rules (Law360)","type":"court_filing","credibility":1}],"severity":"medium"},{"content":"Bitcoin Depot has consistently disputed characterizations that it knowingly facilitates fraud. In response to the Massachusetts lawsuit, the company said it \"strongly disagrees\" that it facilitates scams or misleads users and said its business is built around compliance and consumer protection. In 2025 the company announced it would require government ID verification for every kiosk transaction, up from only requiring a phone number for small purchases, in what it described as part of ongoing fraud-prevention efforts; critics, including state attorneys general, say the change came only after years of regulatory and litigation pressure. The company has not been criminally charged in connection with the fraud-facilitation allegations, and it settled with Maine without admitting wrongdoing. The company is contesting the $18.47 million BitAccess arbitration award and successfully had the data-breach class action dismissed at the district court stage. Bitcoin Depot's framing throughout has been that tightening state regulation and bans, not its own business practices, made its kiosk model \"unsustainable,\" per CEO Alex Holmes's statements around the bankruptcy filing.","heading":"Company Response and Disputed Claims","sources":[{"url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams","type":"news_article","credibility":1},{"url":"https://decrypt.co/359045/bitcoin-depot-require-id-every-transaction-atms-growing-pressure","name":"Bitcoin Depot Will Require ID for 'Every Transaction' at ATMs Amid Growing Pressure","type":"news_article","credibility":2},{"url":"https://wagmtv.com/2026/01/06/maine-receive-19-million-following-fraud-settlement-with-bitcoin-depot/","name":"Maine to receive $1.9 million following fraud settlement with Bitcoin Depot","type":"news_article","credibility":2}],"severity":"low"},{"content":"Bitcoin Depot's risk profile differs from that of a typical centralized exchange. It did not lose customer deposits through insolvency, insider theft, or a hack of pooled funds in the way exchanges such as FTX or Mt. Gox did; its core alleged harm is a physical point-of-sale business (cash kiosks) allegedly used as a conduit by third-party scammers, with regulators alleging the company had financial incentive not to stop it because scam-linked transactions generated outsized fee revenue. Its bankruptcy is a voluntary, orderly wind-down of a cash-flow-negative business facing a wave of state bans and license actions, not a sudden collapse triggered by a run on reserves. Readers should distinguish allegations about the company's handling of fraud and compliance (contested, and the subject of ongoing litigation and regulatory proceedings) from the separate, independently documented facts of its bankruptcy filing, Nasdaq delisting, and 2024 data breach.","heading":"How This Differs from Typical Crypto Exchange Risk","sources":[{"url":"https://www.sec.gov/Archives/edgar/data/0001901799/000119312526227832/d130621d8k.htm","name":"Bitcoin Depot Inc. Form 8-K (Chapter 11 petitions)","type":"regulatory","credibility":1},{"url":"https://dfi.wa.gov/news/press/washington-state-dfi-takes-action-against-bitcoin-depot-operating-llc","name":"Washington State DFI Takes Action Against Bitcoin Depot Operating, LLC","type":"regulatory","credibility":1}],"severity":"low"}],"timeline":[{"date":"2024-06","event":"Bitcoin Depot detects a security incident on its network that it later discloses exposed personal data of approximately 27,000 customers.","source":"Bitcoin Depot Form 10-K; Bitdefender HotForSecurity","source_url":"https://www.bitdefender.com/en-us/blog/hotforsecurity/bitcoin-depot-data-breach-exposes-personal-info-of-nearly-27-000-customers"},{"date":"2024-09","event":"A group of U.S. senators sends a letter to Bitcoin Depot and other crypto ATM operators urging action on elder fraud.","source":"Senate Judiciary Committee letter","source_url":"https://judiciary.senate.gov/imo/media/doc/2024.9.11_Letter re Bitcoin ATM Fraud_combined.pdf"},{"date":"2025-02","event":"Iowa's attorney general sues Bitcoin Depot and CoinFlip, alleging Iowans sent more than $20 million combined through the companies' kiosks amid deceptive refund practices.","source":"Iowa Attorney General press release","source_url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"date":"2025-07","event":"Bitcoin Depot begins notifying roughly 27,000 affected customers of the 2024 data breach, after a delay requested by federal law enforcement.","source":"Bitcoin Depot Form 10-K; ClassAction.org","source_url":"https://www.classaction.org/data-breach-lawsuits/bitcoin-depot-july-2025"},{"date":"2025-11","event":"Bitcoin Depot discloses an $18.47 million arbitration award against subsidiary BitAccess in favor of Cash Cloud (Coin Cloud) in an SEC filing.","source":"Bitcoin Depot Form 8-K","source_url":"https://www.sec.gov/Archives/edgar/data/1901799/000119312525292060/btm-20251124.htm","date_evidence":"Form 8-K filed with cover date reflected in filing identifier btm-20251124","date_original":"2025-11-24"},{"date":"2026-01","event":"Bitcoin Depot reaches a $1.9 million consent agreement with Maine's Bureau of Consumer Credit Protection to compensate scam victims, without admitting wrongdoing.","source":"WAGM-TV / Decrypt","source_url":"https://wagmtv.com/2026/01/06/maine-receive-19-million-following-fraud-settlement-with-bitcoin-depot/"},{"date":"2026-02","event":"Massachusetts Attorney General Andrea Campbell sues Bitcoin Depot, alleging it knowingly facilitated crypto scams and overcharged customers.","source":"ICIJ / Mass.gov","source_url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers","date_evidence":"The suit, filed Feb. 3, is the latest in a series of similar actions","date_original":"2026-02-03"},{"date":"2026-03","event":"Connecticut's Banking Commissioner issues a temporary cease-and-desist order suspending Bitcoin Depot's state money transmission license.","source":"Cointelegraph / Hartford Business Journal","source_url":"https://cointelegraph.com/news/connecticut-bitcoin-depot-license-halt-stock-slide","date_evidence":"issued a temporary cease-and-desist order against Bitcoin Depot on March 9","date_original":"2026-03-09"},{"date":"2026-03","event":"CEO Scott Buchanan steps down after less than three months in the role; Alex Holmes, former MoneyGram CEO, becomes Chairman and CEO. Founder Brandon Mintz steps back from his executive chairman role.","source":"Decrypt","source_url":"https://decrypt.co/362262/bitcoin-depot-ceo-departs-broader-crypto-atm-crackdown"},{"date":"2026-04-08","event":"Bitcoin Depot appoints Tony Gagliardi as Chief Compliance Officer.","source":"GlobeNewswire","source_url":"https://www.globenewswire.com/news-release/2026/04/13/3272434/0/en/bitcoin-depot-appoints-new-compliance-officer-tony-gagliardi.html","date_evidence":"effective April 8, 2026"},{"date":"2026-07","event":"Tennessee's statewide ban on crypto ATMs takes effect, following a similar ban in Indiana.","source":"The Block","source_url":"https://www.theblock.co/post/398800/tennessee-bans-crypto-atms-statewide-joining-indiana-fraud-crackdown","date_original":"2026-07-01"},{"date":"2026-05-17","event":"Bitcoin Depot and sixteen affiliates file voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas to wind down operations and sell assets, taking its entire kiosk network offline.","source":"Bitcoin Depot Form 8-K","source_url":"https://www.sec.gov/Archives/edgar/data/0001901799/000119312526227832/d130621d8k.htm","date_evidence":"On May 17, 2026"},{"date":"2026-05","event":"Nasdaq suspends trading in Bitcoin Depot's Class A common stock and warrants, citing the bankruptcy filing and a delinquent quarterly report.","source":"SEC EDGAR filings","source_url":"https://www.sec.gov/Archives/edgar/data/0001901799/000119312526219660/btm-20260512.htm","date_original":"2026-05-26"},{"date":"2026-06-11","event":"Washington State's Department of Financial Institutions files a Statement of Charges against Bitcoin Depot Operating, LLC and Brandon Taylor Mintz, seeking license revocation, an industry ban, and a $1.5 million fine.","source":"Washington State DFI","source_url":"https://dfi.wa.gov/news/press/washington-state-dfi-takes-action-against-bitcoin-depot-operating-llc","date_evidence":"June 11, 2026"}],"sources_used":[{"url":"https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers","name":"AG Campbell Sues Bitcoin Kiosk Operator for Facilitating Crypto Scams (Mass.gov)","type":"regulatory","archive_url":"http://web.archive.org/web/20261016154757/https://www.mass.gov/news/ag-campbell-sues-bitcoin-kiosk-operator-for-facilitating-crypto-scams-against-massachusetts-consumers","credibility":1,"archive_timestamp":"2026-10-16T15:47:57+00:00"},{"url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams (ICIJ)","type":"news_article","archive_url":"http://web.archive.org/web/20261014211346/https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/","credibility":1,"archive_timestamp":"2026-10-14T21:13:46+00:00"},{"url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million","name":"Attorney General Bird Sues Crypto ATM Companies for Costing Iowans More than $20 Million","type":"regulatory","archive_url":"http://web.archive.org/web/20261020070847/https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million","credibility":1,"archive_timestamp":"2026-10-20T07:08:47+00:00"},{"url":"https://www.bleepingcomputer.com/news/security/fbi-americans-lost-over-388-million-to-scams-using-crypto-atms-in-2025/","name":"FBI: Americans lost over $388 million to scams using crypto ATMs in 2025 (BleepingComputer)","type":"news_article","archive_url":"http://web.archive.org/web/20260629072745/https://www.bleepingcomputer.com/news/security/fbi-americans-lost-over-388-million-to-scams-using-crypto-atms-in-2025/","credibility":1,"archive_timestamp":"2026-06-29T07:27:45+00:00"},{"url":"https://judiciary.senate.gov/imo/media/doc/2024.9.11_Letter re Bitcoin ATM Fraud_combined.pdf","name":"Senate letter re Bitcoin ATM Fraud","type":"official","archive_url":"http://web.archive.org/web/20260211082230/https://www.judiciary.senate.gov/imo/media/doc/2024.9.11_Letter%20re%20Bitcoin%20ATM%20Fraud_combined.pdf","credibility":1,"archive_timestamp":"2026-02-11T08:22:30+00:00"},{"url":"https://dfi.wa.gov/news/press/washington-state-dfi-takes-action-against-bitcoin-depot-operating-llc","name":"Washington State DFI Takes Action Against Bitcoin Depot Operating, 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