The UK has sentenced Olumide Osunkoya to four years in prison for operating a network of illegal cryptocurrency ATMs without regulatory approval. The conviction marks the first criminal case involving ...

Olumide Osunkoya, who operated a network of crypto ATMs without regulatory permission, has been sentenced to four years in prison. An illegal crypto ATM operator has been sentenced to four years in ...

The UK’s Financial Conduct Authority (FCA) has charged Mr Olumide Osunkoya, who is 45 and resides in London, for “unlawfully running multiple crypto ATMs without FCA registration.” Crypto ATMs are ...

The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration. According to the FCA, Osunkoya’s ATM network processed 2.6 million British ...

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U.K. regulator the Financial Conduct Authority (FCA) charged an individual for running a network of illegal crypto ATM's, it said in a press release on Tuesday. Olumide Osunkoya, 45 year old Londoner ...