PANews reported on November 23 that, according to The Block, cryptocurrency ATM operator Crypto Dispensers is evaluating a potential sale for $100 million. This comes just days after the company's founder was indicted for alleged involvement in a $10 million money laundering scheme. In its statement, the company mentioned that the reasons for its shift in business towards software operations in recent years included "increased fraud risk, regulatory pressure, compliance requirements, and low reuse rates," but did not mention the allegations.PANews reported on November 23 that, according to The Block, cryptocurrency ATM operator Crypto Dispensers is evaluating a potential sale for $100 million. This comes just days after the company's founder was indicted for alleged involvement in a $10 million money laundering scheme. In its statement, the company mentioned that the reasons for its shift in business towards software operations in recent years included "increased fraud risk, regulatory pressure, compliance requirements, and low reuse rates," but did not mention the allegations.
Crypto Dispensers, a cryptocurrency ATM operator, is considering selling assets for $100 million after its founder was charged with money laundering a month ago.
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PANews reported on November 23 that, according to The Block, cryptocurrency ATM operator Crypto Dispensers is evaluating a potential sale for $100 million. This comes just days after the company's founder was indicted for alleged involvement in a $10 million money laundering scheme.
In its statement, the company mentioned that the reasons for its shift in business towards software operations in recent years included "increased fraud risk, regulatory pressure, compliance requirements, and low reuse rates," but did not mention the allegations.
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