The crypto ATM operator is exploring a potential $100 million divestment after its founder’s indictment, citing fraud risks, regulatory scrutiny, and a strategic pivot toward software services.
Crypto Dispensers is evaluating a possible $100 million sale, days after its founder was indicted for alleged involvement in a $10 million money laundering scheme. The company cited fraud risks, tighter regulations, increased compliance burdens, and low customer reuse as factors prompting a move from physical ATMs to software-based operations.