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UK Authorities Crack Down on Underground Crypto ATM Ring – Two Suspects in Hot Water

UK Authorities Crack Down on Underground Crypto ATM Ring – Two Suspects in Hot Water

Published:
2025-07-22 05:34:14
15
3

Illegal crypto ATM network busted in UK, two under investigation

British regulators just pulled the plug on a shadowy network of unlicensed Bitcoin ATMs—proving even decentralized finance has its rule-breakers.

While crypto evangelists preach 'banking the unbanked,' this bust shows some prefer 'cashing out the unchecked.' Two individuals now face scrutiny as the FSA tightens its grip on off-radar crypto operations.

No numbers? No problem. The real story here isn't the volume—it's the audacity. Another day, another reminder that where there's financial innovation, there's always someone trying to game the system (usually before lunch).

|Square

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