Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report

A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global […]

source https://news.bitcoin.com/crypto-atms-a-hotbed-of-illicit-activity-and-regulatory-crackdowns-says-report/