Nasdaq-listed Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy, blaming states' “increasingly stringent compliance obligations”
CoinDesk Omkar Godbole
Related Coverage
- Bitcoin Depot Initiates Voluntary Chapter 11 Process to Facilitate an Orderly Wind-Down and Sale of the Company's Assets Bitcoin Depot
- The US Bitcoin ATM industry is breaking under fraud, bans, and fees CryptoSlate · Gino Matos
- Massive Crypto ATM Company Bitcoin Depot Is Shutting Down as the Whole Industry Collapses Gizmodo · Bruce Gil
- Bitcoin Depot Files for Chapter 11 Bankruptcy Amid Regulatory Pressure Cryip · Sathish Kumar Kaliraj
- Largest North American bitcoin ATM operator, Bitcoin Depot, files for bankruptcy Web3 is Going Just Great
- Bitcoin Has A Wall Street Winner And A Main Street Casualty - Bitcoin Depot Is The Latest Proof Stocktwits · Anushka Basu
- The US Bitcoin ATM industry is breaking under fraud, bans, and fees CryptoSlate · Gino Matos
- Bitcoin Depot Goes Bankrupt, Signaling Demise of Crypto ATMs Bloomberg · Lauren Tara LaCapra
Discussion
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@timinhonolulu
Tim Hogan
on x
I worked on unwinding my first Ponzi scheme in 1990. Crypto is going to be a doozie. The end usually starts with bankruptcies. This one was filed in SDTX. Bitcoin Depot, North America's largest bitcoin ATM operator, files for bankruptcy https://www.coindesk.com/... via @coindesk
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@zachxbt
@zachxbt
on x
@PANews Interesting timing. I recently exposed Bitcoin Depot for a 3 day time gap in reporting a $3.6M exploit and highlighted how its Bitcoin ATM business depends on predatory practices via user fraud. [image]
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@campuscodi@mastodon.social
Catalin Cimpanu
on mastodon
Bitcoin Depot, the US' largest crypto ATM operator, is shutting down citing anti-fraud measures it had to roll out — ...and now you know why these things existed in the first place — https://www.globenewswire.com/ ...