#BitcoinDepot

Athena Bitcoin Settles for $4.5M as Payout May Fall Below $3M

10d ago

Athena Bitcoin Settles for $4.5M as Payout May Fall Below $3M

Fraud losses, state bans, KYC rules and high fees are pushing the US Bitcoin ATM sector toward a broader business-model rethink.

CryptoSlate

Bitcoin Depot Files Chapter 11 as ATM Model Collapses

🩸BEARISH

95d ago

Bitcoin Depot Files Chapter 11 as ATM Model Collapses

The largest US Bitcoin ATM operator is winding down under Chapter 11 — a collapse that crystallises the regulatory squeeze on the cash-to-crypto kiosk sector.

Crypto News

Bitcoin Depot Files Chapter 11 to Wind Down US Crypto ATM Network

🩸BEARISH

95d ago

Bitcoin Depot Files Chapter 11 to Wind Down US Crypto ATM Network

A $3.7M breach in April was the final blow to a business model the operator says regulators had already made unsustainable — the largest US BTM operator is now exiting.