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Crypto ATM operator Bitcoin Depot files for bankruptcy

Crypto & Finance · 2026-05-19T16:30:38.000Z

With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable.

With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable. Source: https://www.icij.org/investigations/coin-laundry/crypto-atm-operator-bitcoin-depot-files-for-bankruptcy/