Audit log

Every state-changing event for CoinFlip (GPD Holdings LLC): moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-09-27 17:06:31Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 451,059,264

   sig

   4hZG9ysfEeWa…beZ2bGKqcopyexplorer ↗

   hash

   FtNCeJZrk2q3…HxNTX7CPcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (26260 B) ▸

   {"actor":"system:backfill","investigation_id":"5bc1cde6-f877-4787-95e0-8eb2ce3208fe","kind":"publish","page_slug":"coinflip-gpd-holdings-llc","published_at":"2026-09-27T17:06:31.353Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"CoinFlip (GPD Holdings LLC)","sections":[{"content":"CoinFlip is a cryptocurrency ATM (Bitcoin ATM/BTM) kiosk operator founded in Chicago in 2015 by Daniel Polotsky, Kristoffer Dayrit, Alan Gurevich, and Benjamin Weiss. The operating company is GPD Holdings LLC, doing business as CoinFlip (and, per litigation records, also operating a related entity, CF Preferred LLC, doing business as 'Olliv'). Weiss became CEO in April 2021. The company has grown into what it describes as the world's largest network of cryptocurrency ATMs by transaction volume, with reporting describing it as the second-largest operator by machine count behind Bitcoin Depot, operating thousands of kiosks across multiple countries, commonly placed in convenience stores, liquor stores, vape shops, and gas stations. CoinFlip states it is a licensed and regulated money-services business.","heading":"Company Background","severity":"low","sources":[{"credibility":3,"name":"MarketsWiki: CoinFlip","type":"other","url":"https://www.marketswiki.com/wiki/CoinFlip"},{"credibility":3,"name":"CoinFlip Co-Founders Daniel Polotsky and Ben Weiss named in Crain's 40 under 40 (PR Newswire)","type":"other","url":"https://www.prnewswire.com/news-releases/coinflip-co-founders-daniel-polotsky-and-ben-weiss-named-in-crains-40-under-40-301422459.html"},{"credibility":2,"name":"Missouri AG sues CoinFlip, calls crypto ATMs 'getaway cars for fraud' - The Block","type":"news_article","url":"https://www.theblock.co/post/402153/missouri-ag-sues-coinflip"},{"credibility":2,"name":"Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/"}]},{"content":"On May 20, 2026, Missouri Attorney General Catherine Hanaway announced a lawsuit filed in the Circuit Court of Jasper County against GPD Holdings LLC, doing business as CoinFlip, alleging violations of the Missouri Merchandising Practices Act. The petition alleges CoinFlip knowingly facilitated fraudulent transactions and profited from them through 'convoluted and excessive fees' charged via its more than 140 kiosks across Missouri, and that the company made false or misleading safety claims despite recurring scam activity on its machines. The lawsuit alleges CoinFlip advertised a flat $2.99 'Network Fee' while a separate conversion fee of up to 21.9% was disclosed only in buried Terms of Service language, applied regardless of whether a transaction was later linked to fraud. The state's office said roughly 350 crypto-ATM-related fraud cases have been reported in Missouri over the prior two years, with losses potentially reaching into the millions, and cited an alleged case in which an 80-year-old veteran lost between $180,000 and $200,000 to a scammer between September 2025 and March 2026 who directed him to deposit cash at CoinFlip kiosks. The suit seeks a declaration that CoinFlip violated state law, an injunction to halt CoinFlip's Missouri operations until stronger fraud-prevention measures are adopted, consumer restitution, and civil penalties of up to $1.826 million ($1,000 per violation over five years). AG Hanaway stated, 'Bitcoin and crypto ATMs are the new getaway cars for fraud, whisking away innocent people's money to scammers, never to return.' A CoinFlip spokesperson called the lawsuit 'meritless' and a 'misguided attack' on a company that says it pushed for crypto-kiosk consumer-protection legislation in Missouri, and separately told reporters the attorney general was 'wrongfully targeting' a licensed and regulated company instead of pursuing the criminal actors responsible for the fraud schemes. As of this writing the case remains pending and unresolved; the allegations have not been proven in court.","heading":"Missouri Attorney General Lawsuit (2026)","severity":"critical","sources":[{"credibility":1,"name":"Attorney General Hanaway Files Suit Against Crypto ATM Network For Enabling Scams (Missouri AGO)","type":"regulatory","url":"https://ago.mo.gov/attorney-general-hanaway-files-suit-against-crypto-atm-network-for-enabling-scams/"},{"credibility":2,"name":"Missouri AG sues CoinFlip, calls crypto ATMs 'getaway cars for fraud' - The Block","type":"news_article","url":"https://www.theblock.co/post/402153/missouri-ag-sues-coinflip"},{"credibility":2,"name":"Missouri AG Files Suit Against Coinflip, Targets Over 140 Bitcoin ATM Kiosks in the State - Bitcoin.com","type":"news_article","url":"https://news.bitcoin.com/missouri-ag-files-suit-against-coinflip-targets-over-140-bitcoin-atm-kiosks-in-the-state/"},{"credibility":2,"name":"Missouri Sues CoinFlip, Crypto ATM Operator Calls Lawsuit \"Meritless\" - Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/missouri-sues-coinflip-crypto-atm-072321438.html"},{"credibility":2,"name":"Missouri Attorney General files lawsuit against cryptocurrency kiosk company - KSMU","type":"news_article","url":"https://www.ksmu.org/news/2026-05-20/missouri-attorney-general-files-lawsuit-against-cryptocurrency-kiosk-company"},{"credibility":2,"name":"CoinFlip faces Missouri lawsuit over alleged crypto ATM scams - crypto.news","type":"news_article","url":"https://crypto.news/coinflip-faces-missouri-lawsuit-over-alleged-crypto-atm-scams/"},{"credibility":2,"name":"Missouri Sues Crypto ATM Co. For Aiding Fraud, Excess Fees - Law360","type":"news_article","url":"https://www.law360.com/banking/articles/2480685"}]},{"content":"On February 26, 2025, Iowa Attorney General Brenna Bird announced lawsuits filed in Polk County District Court against CoinFlip and Bitcoin Depot, Iowa's two largest BTM operators, alleging violations of the Iowa Consumer Fraud Act. The state's factsheet alleged Iowans transferred more than $20 million through the two companies' machines over a period of roughly three years, that the majority of scam victims were over age 60, and that CoinFlip and Bitcoin Depot profited directly from scam victims via transaction fees described as 21% and 23% respectively. Iowa's filings alleged that all of CoinFlip's top 20 Iowa users by transaction volume were scam victims, characterizing the company as either 'a willfully blind participant in the victimization of hundreds of Iowans' or 'a silent partner to many scammers.' AG Bird stated, 'Con artists are evil and will stop at nothing to steal everything you have.' CoinFlip denied enabling scammers, calling Iowa's allegations a 'smear campaign,' and said it has implemented safeguards including fraud warnings and mandatory disclosures shown to customers before transactions. This lawsuit predates and closely parallels the subsequent Missouri action; its outcome could not be confirmed as of the current research and appears to remain in litigation.","heading":"Iowa Attorney General Lawsuit (2025)","severity":"critical","sources":[{"credibility":1,"name":"Attorney General Bird Sues Crypto ATM Companies for Costing Iowans More than $20 Million (Iowa AGO)","type":"regulatory","url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"credibility":2,"name":"Iowa Sues Bitcoin Depot and CoinFlip Over Crypto Scams - Insurance Journal","type":"news_article","url":"https://www.insurancejournal.com/magazines/mag-features/2025/03/24/816443.htm"},{"credibility":2,"name":"State AGs Allege Bitcoin ATMs Increasingly Facilitate Scams - Regulatory Oversight","type":"news_article","url":"https://www.regulatoryoversight.com/2025/03/state-ags-allege-bitcoin-atms-increasingly-facilitate-scams/"},{"credibility":2,"name":"Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/"}]},{"content":"On February 23, 2026, a putative class action (Khoury v. GPD Holdings LLC) was filed in the U.S. District Court for the Northern District of Illinois by named plaintiff Michael Salim Khoury. The complaint alleges CoinFlip 'systematically conceals excessive fees from consumers,' advertising a $2.99 flat fee while imposing charges reaching up to 21.90% of transaction value through inflated exchange rates disclosed only in Terms of Service documents. Khoury alleges roughly ten deposits totaling $7,600 at California CoinFlip locations between September 2024 and October 2025 resulted in fees of $1,340.79 (nearly 18% of the total), with individual transaction fee rates ranging from about 12.97% to 19.38%. The suit further alleges CoinFlip operated in California without required Digital Financial Assets Law licensing and violated fee limits under California Financial Code section 3904. Claims are brought under the Illinois Consumer Fraud Act, the California Unfair Competition Law, and the California Consumer Legal Remedies Act, seeking declaratory and injunctive relief, restitution, and damages for a nationwide class and a California subclass. As of this research the case remains pending; the fee allegations mirror those later made independently by the Missouri and Iowa Attorneys General.","heading":"Federal Class Action Over Hidden Fees (Khoury v. GPD Holdings)","severity":"high","sources":[{"credibility":2,"name":"CoinFlip Faces Class Action Over Alleged Hidden Bitcoin ATM Fees - BlockTribune","type":"news_article","url":"https://blocktribune.com/coinflip-faces-class-action-over-alleged-hidden-bitcoin-atm-fees/"}]},{"content":"CoinFlip disclosed that on August 7, 2023, an unauthorized third party gained access to a CoinFlip employee's account, exposing personal data of customers. A resulting class action, In re CoinFlip Data Breach Litigation (No. 1:23-CV-15656), named GPD Holdings LLC (d/b/a CoinFlip) and related entity CF Preferred LLC (d/b/a Olliv) as defendants, alleging the companies failed to adequately protect customer data. The parties reached a $475,000 settlement covering approximately 36,646 U.S. CoinFlip users whose data was potentially accessed, with a subclass of 4,496 California residents, offering reimbursement for documented out-of-pocket and transaction losses and a flat payment for California claimants. According to a settlement-tracking site, the court granted final approval of the settlement on October 10, 2025. This matter concerns data security rather than allegations of facilitating fraud, and was resolved by settlement without an admission of liability, which is standard in such settlements.","heading":"2023 Data Breach and Class Action Settlement","severity":"medium","sources":[{"credibility":2,"name":"CoinFlip $475,000 Data Breach Class Action Settlement - ClaimDepot","type":"court_filing","url":"https://www.claimdepot.com/settlements/crypto-data-breach-settlement"},{"credibility":2,"name":"In re CoinFlip Data Breach Litigation, Case No. 1:23-CV-15656 (official settlement site)","type":"court_filing","url":"https://www.cryptobreachsettlement.com/"},{"credibility":3,"name":"Data Breach Investigation: CoinFlip - Console & Associates P.C.","type":"other","url":"https://www.myinjuryattorney.com/data-breach-investigation-coinflip/"}]},{"content":"CoinFlip's Better Business Bureau listings show the business is not BBB-accredited, and BBB pages document unresolved consumer complaints, including allegations that the company keeps a large percentage (reported as up to roughly 25%) of a customer's deposited cash as fees without clear disclosure until after a transaction, and a specific complaint describing a customer who sought a $10,000 refund and was told CoinFlip would retain $2,500 in processing fees. Customer review platforms such as Trustpilot and PissedConsumer host numerous complaints about high, poorly disclosed fees, transaction and app access problems, and slow customer service responsiveness. These sources are consumer-generated and unverified individually, so they are treated here as low-confidence but directionally consistent with the fee-related allegations made in the Missouri, Iowa, and federal class-action filings.","heading":"Consumer Complaints and Reputation","severity":"medium","sources":[{"credibility":3,"name":"CoinFlip Bitcoin ATM | BBB Complaints","type":"community_report","url":"https://www.bbb.org/us/il/chicago/profile/cryptocurrency-exchange/coinflip-0654-1000029559/complaints"},{"credibility":3,"name":"CoinFlip Bitcoin ATM | BBB Business Profile (Kingman, AZ)","type":"community_report","url":"https://www.bbb.org/us/az/kingman/profile/commodity-broker/coinflip-bitcoin-atm-1126-1000094807"},{"credibility":3,"name":"CoinFlip Reviews - Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/coinflip.tech"},{"credibility":3,"name":"CoinFlip Tech Reviews - PissedConsumer","type":"community_report","url":"https://www.pissedconsumer.com/coinflip-tech/RT-F.html"}]},{"content":"CoinFlip's legal troubles are part of a wider wave of government action against Bitcoin ATM operators over alleged scam facilitation and fee practices. Massachusetts sued Bitcoin Depot (once the largest BTM network in North America), alleging the company knowingly facilitated crypto scams and used misleading sales tactics, and Bitcoin Depot subsequently filed for Chapter 11 bankruptcy protection. The District of Columbia sued Athena Bitcoin, alleging it hid fees as high as 26% and that 93% of its DC deposits in an early five-month period stemmed directly from scams. Maine reached a $1.9 million settlement with a Bitcoin ATM operator over scam-related losses. At the federal level, the FTC has reported roughly a 1,000% increase in money lost to scams via crypto ATMs between 2020 and 2023, and separate reporting citing FBI data described about 13,460 crypto-kiosk-related complaints in 2025 with roughly $388 million in reported losses, more than half involving people over age 50. The Missouri petition itself alleges CoinFlip's own transaction records showed repeated warning signs, including transfers to wallet addresses previously used by other flagged customers and wallets the company had itself identified as associated with criminal activity. This pattern of parallel state actions against multiple large BTM operators suggests an industry-wide regulatory reckoning rather than an issue unique to CoinFlip, though CoinFlip is named in more of these actions (Iowa, Missouri, and a federal class action) than most peer operators identified in this research.","heading":"Broader Industry Context: State and Federal Scrutiny of Crypto ATMs","severity":"high","sources":[{"credibility":2,"name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/"},{"credibility":2,"name":"Bitcoin Depot, once North America's largest bitcoin ATM operator, files for bankruptcy - CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2026/05/18/bitcoin-depot-once-north-america-s-largest-bitcoin-atm-operator-files-for-bankruptcy"},{"credibility":1,"name":"Attorney General Schwalb Sues Crypto ATM Operator for Financially Exploiting District Residents (DC OAG)","type":"regulatory","url":"https://oag.dc.gov/release/attorney-general-schwalb-sues-crypto-atm-operator"},{"credibility":2,"name":"Maine Reaches $1.9M Settlement With Bitcoin ATM Operator Over Scam Losses - Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/news/maine-reaches-1-9m-settlement-141533791.html"},{"credibility":1,"name":"Scammers use Bitcoin ATMs to steal your money - FTC Consumer Advice","type":"official","url":"https://consumer.ftc.gov/consumer-alerts/2024/09/scammers-use-bitcoin-atms-steal-your-money"},{"credibility":2,"name":"CFTC Issues Warning as Crypto ATM Scams Top $388M, Over Half of Losses Hit People Over 50 - CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/"},{"credibility":2,"name":"Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/"}]}],"sources_used":[{"credibility":1,"name":"Attorney General Hanaway Files Suit Against Crypto ATM Network For Enabling Scams (Missouri AGO)","type":"regulatory","url":"https://ago.mo.gov/attorney-general-hanaway-files-suit-against-crypto-atm-network-for-enabling-scams/"},{"credibility":1,"name":"Attorney General Bird Sues Crypto ATM Companies for Costing Iowans More than $20 Million (Iowa AGO)","type":"regulatory","url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"credibility":1,"name":"Attorney General Schwalb Sues Crypto ATM Operator for Financially Exploiting District Residents (DC OAG)","type":"regulatory","url":"https://oag.dc.gov/release/attorney-general-schwalb-sues-crypto-atm-operator"},{"credibility":1,"name":"Scammers use Bitcoin ATMs to steal your money - FTC Consumer Advice","type":"official","url":"https://consumer.ftc.gov/consumer-alerts/2024/09/scammers-use-bitcoin-atms-steal-your-money"},{"credibility":2,"name":"Missouri AG sues CoinFlip, calls crypto ATMs 'getaway cars for fraud' - The Block","type":"news_article","url":"https://www.theblock.co/post/402153/missouri-ag-sues-coinflip"},{"credibility":2,"name":"Missouri AG Files Suit Against Coinflip, Targets Over 140 Bitcoin ATM Kiosks in the State - Bitcoin.com","type":"news_article","url":"https://news.bitcoin.com/missouri-ag-files-suit-against-coinflip-targets-over-140-bitcoin-atm-kiosks-in-the-state/"},{"credibility":2,"name":"Missouri Sues CoinFlip, Crypto ATM Operator Calls Lawsuit \"Meritless\" - Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/markets/crypto/articles/missouri-sues-coinflip-crypto-atm-072321438.html"},{"credibility":2,"name":"Missouri Attorney General files lawsuit against cryptocurrency kiosk company - KSMU","type":"news_article","url":"https://www.ksmu.org/news/2026-05-20/missouri-attorney-general-files-lawsuit-against-cryptocurrency-kiosk-company"},{"credibility":2,"name":"CoinFlip faces Missouri lawsuit over alleged crypto ATM scams - crypto.news","type":"news_article","url":"https://crypto.news/coinflip-faces-missouri-lawsuit-over-alleged-crypto-atm-scams/"},{"credibility":2,"name":"Missouri Sues Crypto ATM Co. For Aiding Fraud, Excess Fees - Law360","type":"news_article","url":"https://www.law360.com/banking/articles/2480685"},{"credibility":2,"name":"Iowa Sues Bitcoin Depot and CoinFlip Over Crypto Scams - Insurance Journal","type":"news_article","url":"https://www.insurancejournal.com/magazines/mag-features/2025/03/24/816443.htm"},{"credibility":2,"name":"State AGs Allege Bitcoin ATMs Increasingly Facilitate Scams - Regulatory Oversight","type":"news_article","url":"https://www.regulatoryoversight.com/2025/03/state-ags-allege-bitcoin-atms-increasingly-facilitate-scams/"},{"credibility":2,"name":"CoinFlip Faces Class Action Over Alleged Hidden Bitcoin ATM Fees - BlockTribune","type":"news_article","url":"https://blocktribune.com/coinflip-faces-class-action-over-alleged-hidden-bitcoin-atm-fees/"},{"credibility":2,"name":"CoinFlip $475,000 Data Breach Class Action Settlement - ClaimDepot","type":"court_filing","url":"https://www.claimdepot.com/settlements/crypto-data-breach-settlement"},{"credibility":2,"name":"In re CoinFlip Data Breach Litigation, Case No. 1:23-CV-15656 (official settlement site)","type":"court_filing","url":"https://www.cryptobreachsettlement.com/"},{"credibility":3,"name":"Data Breach Investigation: CoinFlip - Console & Associates P.C.","type":"other","url":"https://www.myinjuryattorney.com/data-breach-investigation-coinflip/"},{"credibility":2,"name":"Massachusetts sues Bitcoin Depot, alleging the crypto ATM operator knowingly facilitated crypto scams - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/massachusetts-sues-bitcoin-depot-alleging-the-crypto-atm-operator-knowingly-facilitated-crypto-scams/"},{"credibility":2,"name":"Amid a scam crackdown, crypto giants keep fueling bitcoin ATMs - ICIJ","type":"research","url":"https://www.icij.org/investigations/coin-laundry/amid-a-scam-crackdown-crypto-giants-keep-fueling-bitcoin-atms/"},{"credibility":2,"name":"Bitcoin Depot, once North America's largest bitcoin ATM operator, files for bankruptcy - CoinDesk","type":"news_article","url":"https://www.coindesk.com/markets/2026/05/18/bitcoin-depot-once-north-america-s-largest-bitcoin-atm-operator-files-for-bankruptcy"},{"credibility":2,"name":"Maine Reaches $1.9M Settlement With Bitcoin ATM Operator Over Scam Losses - Yahoo Finance","type":"news_article","url":"https://finance.yahoo.com/news/maine-reaches-1-9m-settlement-141533791.html"},{"credibility":2,"name":"CFTC Issues Warning as Crypto ATM Scams Top $388M, Over Half of Losses Hit People Over 50 - CryptoTimes","type":"news_article","url":"https://www.cryptotimes.io/2026/08/27/cftc-issues-warning-as-crypto-atm-scams-top-388m/"},{"credibility":3,"name":"CoinFlip Bitcoin ATM | BBB Complaints","type":"community_report","url":"https://www.bbb.org/us/il/chicago/profile/cryptocurrency-exchange/coinflip-0654-1000029559/complaints"},{"credibility":3,"name":"CoinFlip Bitcoin ATM | BBB Business Profile (Kingman, AZ)","type":"community_report","url":"https://www.bbb.org/us/az/kingman/profile/commodity-broker/coinflip-bitcoin-atm-1126-1000094807"},{"credibility":3,"name":"CoinFlip Reviews - Trustpilot","type":"community_report","url":"https://www.trustpilot.com/review/coinflip.tech"},{"credibility":3,"name":"CoinFlip Tech Reviews - PissedConsumer","type":"community_report","url":"https://www.pissedconsumer.com/coinflip-tech/RT-F.html"},{"credibility":3,"name":"MarketsWiki: CoinFlip","type":"other","url":"https://www.marketswiki.com/wiki/CoinFlip"},{"credibility":3,"name":"CoinFlip Co-Founders Daniel Polotsky and Ben Weiss named in Crain's 40 under 40 (PR Newswire)","type":"other","url":"https://www.prnewswire.com/news-releases/coinflip-co-founders-daniel-polotsky-and-ben-weiss-named-in-crains-40-under-40-301422459.html"},{"credibility":3,"name":"Who is the CEO of CoinFlip in 2026? Ben Weiss's Bio - Clay","type":"other","url":"https://www.clay.com/dossier/coinflip-ceo"}],"summary":"CoinFlip, operated by GPD Holdings LLC, is one of the largest Bitcoin ATM (BTM) networks in the United States, with over 140 kiosks in Missouri alone and thousands more nationwide. In 2026 the Missouri Attorney General sued the company alleging it knowingly facilitated fraudulent transactions and concealed transaction fees as high as 21.9% behind a prominently advertised $2.99 'network fee,' following a similar 2025 lawsuit by the Iowa Attorney General and a pending federal class action making comparable hidden-fee allegations. CoinFlip denies wrongdoing and says it is a licensed, regulated operator that has implemented fraud-prevention measures; none of the allegations against it have yet been adjudicated on the merits.","timeline":[{"date":"2015","event":"CoinFlip founded in Chicago by Daniel Polotsky, Kristoffer Dayrit, Alan Gurevich, and Benjamin Weiss as a Bitcoin ATM company.","source":"MarketsWiki","source_url":"https://www.marketswiki.com/wiki/CoinFlip"},{"date":"2021-04","event":"Benjamin Weiss appointed CEO of CoinFlip, having previously served as COO.","source":"Clay / CoinFlip CEO bio","source_url":"https://www.clay.com/dossier/coinflip-ceo"},{"date":"2023-08-07","date_evidence":"on Aug. 7, 2023, an unauthorized third party gained access to a CoinFlip employee's account","event":"Unauthorized third party accessed a CoinFlip employee account, exposing customer personal data, later the subject of class-action litigation.","source":"ClaimDepot settlement summary","source_url":"https://www.claimdepot.com/settlements/crypto-data-breach-settlement"},{"date":"2025-02","date_evidence":"Iowa Attorney General Brenna Bird today announced lawsuits against Bitcoin Depot and CoinFlip.","date_original":"2025-02-26","event":"Iowa Attorney General Brenna Bird sued CoinFlip and Bitcoin Depot in Polk County District Court, alleging over $20 million in Iowan losses tied to the two networks' ATMs and violations of the Iowa Consumer Fraud Act.","source":"Iowa Attorney General newsroom","source_url":"https://www.iowaattorneygeneral.gov/newsroom/attorney-general-bird-sues-crypto-atm-companies-for-costing-iowans-more-than-20-million"},{"date":"2025-10","date_original":"2025-10-10","event":"Court granted final approval of the $475,000 class-action settlement in In re CoinFlip Data Breach Litigation.","source":"ClaimDepot settlement summary","source_url":"https://www.claimdepot.com/settlements/crypto-data-breach-settlement"},{"date":"2026-02","date_original":"2026-02-23","event":"Federal class action (Khoury v. GPD Holdings LLC) filed in the U.S. District Court for the Northern District of Illinois alleging concealed fees up to 21.90% behind a $2.99 advertised flat fee.","source":"BlockTribune","source_url":"https://blocktribune.com/coinflip-faces-class-action-over-alleged-hidden-bitcoin-atm-fees/"},{"date":"2026-05","date_evidence":"Catherine Hanaway announced the lawsuit Wednesday","date_original":"2026-05-20","event":"Missouri Attorney General Catherine Hanaway announced a lawsuit against GPD Holdings LLC (CoinFlip) in Jasper County Circuit Court, alleging facilitation of fraud and concealed fees up to 21.9%, seeking up to $1.826 million in civil penalties and an injunction against Missouri operations.","source":"Missouri Attorney General's Office / KSMU","source_url":"https://ago.mo.gov/attorney-general-hanaway-files-suit-against-crypto-atm-network-for-enabling-scams/"}]},"v":1}

   Verify offline (run on your own machine)

   python -m src.verify_decision c54f5d71-ce3a-4128-9f73-b6ab4b3058accopy