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SecuritySource: Blockonomi ·

Bitcoin ATM Operator Coinflip Must Pay Over $5 Million in California Fraud Order

California ordered Coinflip to pay more than $4.8 million to bitcoin ATM scam victims. Coinflip must also pay the state regulator over $350,000 in illegally charged fees. Regulators said some transactions went over California’s $1,000 daily customer limit.

Summary from Blockonomi

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This headline and summary were published by Blockonomi. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

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