Bitcoin ATM firm explores $100M sale following CEO’s federal indictment
Crypto Dispensers is weighing a $100 million sale as its CEO faces federal accusations of running a multimillion-dollar money laundering scheme.
Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges.
In a Friday press release, the company announced that it has hired advisors to conduct a “strategic review” and explore buyer interest. Crypto Dispensers mentioned its 2020 shift away from physical ATMs toward a software-driven model, a transition it says was meant to address rising fraud, compliance pressure and regulatory scrutiny.
CEO Firas Isa described the sale review as part of the firm’s next growth phase. “Hardware showed us the ceiling. Software showed us the scale,” he said.
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