
US authorities allege Virtual Assets LLC laundered fraud and drug trafficking proceeds via crypto ATMs; defendants plead not guilty ahead of January 2026 hearing.
United States prosecutors have charged Chicago-based Virtual Assets LLC and its founder, Firas Isa, with money laundering involving fraud and narcotics proceeds. The company operated as Crypto Dispensers, offering Bitcoin ATM services used to process illicit funds across several states. Authorities claim that the laundering activities involved proceeds from telecom fraud and drug trafficking. Both Isa and the firm pleaded not guilty, and a status hearing is set for January 30, 2026.