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Bitcoin ATM Firm Weighing $100 Million Sale Following Money Laundering Charges
Crypto Dispensers (aka Virtual Assets LLC), a Chicago-based operator of ATMs that let users buy and send Bitcoin and other cryptocurrencies, said Friday that it is weighing a potential sale valued around $100 million. The announcement came just days after the U.S. Department of Justice filed charges against both the company and founder and CEO Firas Isa, alleging that they perpetrated a $10 million money laundering scheme. Crypto Dispensers and Isa have pleaded not guilty to the single money-laundering conspiracy charge against each, which holds a maximum sentence of 20 years in federal prison. The DOJ filing alleged ... (full story)
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