Expansion Targets One of the Most Crypto-Friendly U.S. States as Part of a Broader National Growth StrategyLAS VEGAS, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Bitcoin Bancorp. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced that it intends to deploy up to 200 licensed Bitcoin ATMs across the state of Texas beginning in the first quarter 2026. Texas has eme ...

Core Points - Washington state regulators have ordered Coinme to cease operations and repay over $8 million in unclaimed customer funds, accusing the company of misclassifying unredeemed vouchers as income and violating money-transmission regulations [1][5] - Coinme allegedly claimed $8.37 million in unredeemed customer vouchers as income between January 2023 and December 2024, with $2.2 million from Washington customers at the end of 2023 and $6.17 million from both Washington and non-Washington customers at the end of 2024 [2] - The company sold crypto through paper vouchers that users purchased at kiosks, but many users did not redeem them, leading Coinme to treat these funds as its own income without proper disclosure [3] Regulatory Actions - Coinme has 20 days to request a hearing; if not, the cease-and-desist order will become permanent [4] - The order mandates Coinme to stop serving Washington customers, segregate customer assets, and pay restitution based on user payments or the crypto's value at the time of the order [5] - The Department of Financial Institutions intends to revoke Coinme's money transmitter license and impose a fine of $300,000 along with a $375 investigation fee [5] Leadership Implications - The charges also target Neil Bergquist, co-founder and CEO of Coinme, seeking to prohibit him and the company from participating in any money transmitter business for ten years [6] - Coinme's Chief Compliance and Consumer Protection Officer stated that the firm was unaware of the DFI's concerns until the announcement [6]

Core Points - Cash Cloud Inc., a bankrupt crypto company, has won an arbitration award of $18.47 million against BitAccess, a subsidiary of Bitcoin Depot Inc. [1][7] - Cash Cloud filed for Chapter 11 bankruptcy on February 7, 2023, citing debts exceeding $153.9 million due to various operational issues [2][3]. Company Overview - Cash Cloud was once a leading Bitcoin ATM operator with nearly 5,700 kiosks under the trade name Coin Cloud [2]. - Bitcoin Depot, founded in 2016, claims to have the largest market share in North America with approximately 8,800 kiosk locations [4]. Legal Dispute - The arbitration initiated by Cash Cloud in August 2022 against BitAccess was due to alleged breaches of a master purchase agreement, including the supply of faulty hardware and underperforming software [5]. - The arbitration award is a binding decision that can be enforced like a court judgment, and Bitcoin Depot has indicated plans to contest the award [7][9]. Financial Implications - The arbitration award of $18.47 million is a significant financial outcome for Cash Cloud amidst its bankruptcy proceedings [1][7]. - Cash Cloud's financial troubles were exacerbated by faulty machines, a failed software agreement, a costly hack, and alleged fraud by its chief marketing officer [3].

Company looks to grow its Bitcoin ATM network and expand the reach of its patent portfolio with a strategic focus on enforcement and licensing opportunities.LAS VEGAS, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Bitcoin Bancorp. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced its financial results for the quarter ended September 30, 2025, and provided an upda ...

🚨 INSIGHT: Bitcoin ATM operator eyes a $100M sale as its CEO faces federal money-laundering charges. https://t.co/A6cjwDwT3R ...

Bitcoin ATM Firm Weighing $100 Million Sale Following Money Laundering Charges► https://t.co/Dy34uxEy3g https://t.co/Dy34uxEy3g ...

Core Viewpoint - Crypto Dispensers, a Chicago-based operator of cryptocurrency ATMs, is considering a potential sale valued at approximately $100 million amid legal challenges related to a money laundering scheme [1][3]. Company Overview - Crypto Dispensers operates ATMs that allow users to buy and send Bitcoin and other cryptocurrencies [1]. - The company and its founder, Firas Isa, have pleaded not guilty to a money-laundering conspiracy charge, which carries a maximum sentence of 20 years in federal prison [2]. Legal Challenges - The U.S. Department of Justice has filed charges against Crypto Dispensers and Isa, alleging involvement in a $10 million money laundering scheme [1][2]. - The DOJ claims that the company received funds from victims and criminals through Bitcoin ATMs, converting these illicit funds into cryptocurrency and transferring them to other wallets, despite KYC requirements [2]. Potential Sale - Crypto Dispensers is evaluating a potential sale and has retained advisors to support this review as consolidation accelerates in the cash-to-crypto and digital asset infrastructure sector [3]. - Isa stated that the review aims to understand the next stage of growth and determine the path that creates the most value for the platform [3]. Market Context - The potential sale comes as cryptocurrency markets have experienced a downturn, with Bitcoin's price falling to nearly $81,000, its lowest since April, after reaching a record high of $126,000 in early October [5].

What are we doing. >> This is the moment a police officer in South Florida intervened to stop an elderly man who was in the middle of being scammed. >> Stop putting money in. Stop.>> The victim, 8-year-old veteran Ted Viscowski, who authorities say was sending money through a Bitcoin ATM to criminals posing as his bank. >> A Chase Bank is on the telephone. >> No, Chase Bank's not on the telephone.You can see in the body camera video, the victim's face blurred by police, how confused the man is as officers t ...

Bitcoin ATM Company Founder Charged in Alleged $10 Million Money Laundering Scheme► https://t.co/VQLF3uHnhG https://t.co/VQLF3uHnhG ...

Core Insights - Bitcoin Depot has announced its expansion into the Asian market by entering Hong Kong, indicating a strategic focus on regions with high demand for cash-to-crypto access [1][2][3] - The company aims to become one of the top five operators in Hong Kong's rapidly growing crypto market, which is characterized by increasing institutional and retail interest [2][3] - This expansion follows a series of operational advancements in 2025, including a retail partnership with GPM Investments and the acquisition of National Bitcoin ATM [3][4] Company Overview - Bitcoin Depot, founded in 2016, operates as a Bitcoin ATM provider and has the largest market share in North America with over 9,000 kiosk locations as of August 2025 [4][6] - The company has successfully maintained profitability while scaling its operations across North America and Australia since going public in July 2023 [4][6] - Bitcoin Depot's services facilitate an easy and convenient way for users to convert cash into Bitcoin, enabling access to the broader digital financial system [4][6]