Crypto Dispensers Explores $100 Million Sale Amid Legal Challenges

According to Cointelegraph, Crypto Dispensers, a Chicago-based Bitcoin ATM operator, is contemplating a potential $100 million sale as its founder faces federal money laundering charges. The company announced in a Friday press release that it has engaged advisors to conduct a strategic review and assess buyer interest. This move follows the firm's 2020 transition from physical ATMs to a software-driven model, aimed at addressing increasing fraud, compliance pressures, and regulatory scrutiny. CEO Firas Isa described the sale review as part of the company's next growth phase, emphasizing the scalability offered by software over hardware source: https://www.binance.com/en/square/post/32763605791457?utm_source=BinanceNewsRSS