According to Foresight News, CoinDesk reported that the Westminster Magistrates' Court in the UK heard a case involving the illegal operation of a cryptocurrency ATM network. Olumide Osunkoya, 45, pleaded guilty to five counts, becoming the first case in the UK to be convicted for operating a cryptocurrency ATM. Osunkoya operated multiple cryptocurrency ATMs without registration, involving a transaction amount of approximately 2.6 million pounds (3.4 million U.S. dollars).
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The UK's first illegal cryptocurrency ATM operation case was sentenced, involving 2.6 million pounds
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