The post UK Issues First Criminal Sentence For Running Illegal Crypto ATM Network appeared first on Coinpedia Fintech News
Olumide Osunkoya has been sentenced to four years in prison for illegally running a network of crypto ATMs in the UK without the required regulatory approval, according to the statement from Financial Conduct Authority (FCA) on February 28. UK’s First Criminal Case for Unregistered Crypto Activity Notably, this marks the UK’s first criminal case involving …