• About
  • FAQ
  • Landing Page
Newsletter
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
No Result
View All Result
Home Ethereum

Bitcoin ATM Firm Weighing $100 Million Sale Following Money Laundering Charges

admin by admin
22 11 月, 2025
in Ethereum
0
Bitcoin ATM Company Founder Charged in Alleged $10 Million Money Laundering Scheme
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter



In brief

  • Bitcoin ATM operator Crypto Dispensers says it’s considering a $100 million sale of the company.
  • Both the company and founder and CEO Firas Isa were charged in an alleged $10 million money laundering scheme earlier this week.
  • Crypto Dispensers and Isa pleaded not guilty to the 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.

Related articles

Crypto Goes to Hollywood – Decrypt

Crypto Goes to Hollywood – Decrypt

30 12 月, 2025
The Year in Bitcoin and Crypto ATMs 2025: Power Tools, Scams and Calls for Action

The Year in Bitcoin and Crypto ATMs 2025: Power Tools, Scams and Calls for Action

30 12 月, 2025

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 that Isa and his company received funds from victims and criminals through Bitcoin ATMs. Despite know-your-customer (KYC) requirements meant to prevent money laundering, prosecutors claim Isa converted these illicit funds into cryptocurrency and transferred them to other wallets.

If convicted, Isa and his company would face asset forfeiture, including all property involved in the alleged money laundering, with the government able to pursue substitute assets if necessary.

Crypto Dispensers said Friday that it is “evaluating a potential sale valued at approximately $100 million,” and that it has “retained advisors to support the review as consolidation accelerates across the cash-to-crypto and digital asset infrastructure sector.”

“This review is about understanding the next stage of growth and determining which path creates the most value for the platform we have built,” Isa said in a statement.

Decrypt reached out to Crypto Dispensers to clarify whether the firm has lined up a potential buyer or is rather announcing its openness to a deal. Decrypt also sought comment regarding the U.S. charges, but did not immediately receive a response to the queries.

Crypto Dispensers’ potential sale comes as markets have crashed following a huge upswing over the first 10 months of the year. Bitcoin fell to nearly $81,000 early Friday, notching its lowest price since April. BTC set a record high of $126,000 in early October. 

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

Share76Tweet47

Related Posts

Crypto Goes to Hollywood – Decrypt

Crypto Goes to Hollywood – Decrypt

by admin
30 12 月, 2025
0

In brief Netflix has...

The Year in Bitcoin and Crypto ATMs 2025: Power Tools, Scams and Calls for Action

The Year in Bitcoin and Crypto ATMs 2025: Power Tools, Scams and Calls for Action

by admin
30 12 月, 2025
0

In brief Some crypto...

2026 Crypto Predictions! Tom Lee still buying ETH! Rekt tease WorldStar collab!

2026 Crypto Predictions! Tom Lee still buying ETH! Rekt tease WorldStar collab!

by admin
30 12 月, 2025
0

2026 Crypto Predicti...

The Year in Stablecoins 2025: Record Growth as GENIUS Act Opens the Floodgates

The Year in Stablecoins 2025: Record Growth as GENIUS Act Opens the Floodgates

by admin
30 12 月, 2025
0

In brief Stablecoin ...

This Was the Year of the Ninja Video Game—These Were the Best in 2025

This Was the Year of the Ninja Video Game—These Were the Best in 2025

by admin
29 12 月, 2025
0

If you're a gamer wh...

Load More
  • Trending
  • Comments
  • Latest
Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’

Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’

4 3 月, 2023

US Commodities Regulator Beefs Up Bitcoin Futures Review

16 1 月, 2023

High-Speed Traders In Search of New Markets Jump Into Bitcoin

11 1 月, 2023
Liquidations Soar in Crypto Market while Some Traders Hope for ‘Upcoming Bounce’

Liquidations Soar in Crypto Market while Some Traders Hope for ‘Upcoming Bounce’

4 3 月, 2023

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin ETFs End 7-Day Outflows With $355M Inflows Amid Improving Liquidity

Bitcoin ETFs End 7-Day Outflows With $355M Inflows Amid Improving Liquidity

31 12 月, 2025
Bitwise seeks SEC approval for 11 crypto ETFs covering Bittensor, Tron and DeFi tokens

Bitwise seeks SEC approval for 11 crypto ETFs covering Bittensor, Tron and DeFi tokens

31 12 月, 2025
Bitwise Files with the US SEC to Launch 11 Crypto ETFs

Bitwise Files with the US SEC to Launch 11 Crypto ETFs

31 12 月, 2025
Coders Push ZK ‘Secret Santa’ System Toward Deployment

Bitcoin, ether drop 22% in one of their weakest Decembers

31 12 月, 2025

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Business
  • Ethereum
  • Guide
  • Market
  • Regulation
  • Ripple

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2025 Cryptonewsz All rights reserved.