The post Crypto News: Bitcoin ATM firm Explores $100M Deal as DOJ Targets Founder appeared on BitcoinEthereumNews.com.

Bitcoin ATM firm, Crypto Dispensers, explores a $100M sale after its CEO, Firas Isa, faced a DOJ money laundering indictment, prompting a strategic review. The Bitcoin ATM firm, Crypto Dispensers, is actively exploring a massive $100 million sale. This key decision is the output of a federal money laundering indictment against its CEO, Firas Isa. Consequently, the company immediately employed expert advisors to embark on a formal strategic review. This move highlights the volatile environment in the digital asset sector. Federal Indictment Prompts $100M Sale Exploration for Crypto Dispensers Founded in 2017, the company first entered the market with a hardware-based Bitcoin ATM model. However, in 2020, the firm made a complete strategic pivot to software first. This important shift was a direct response to the growing exposure of fraud, and growing pressure by regulators in the market. The U.S. Department of Justice made some serious accusations recently. In particular, they were targeting the company and CEO Firas Isa for alleged misconduct. They say the firm was operating a huge money-laundering scheme. This included various cryptocurrency transactions for a number of years in operation. Related Reading: Bitcoin News: Kenya Sees Bitcoin ATMs Appear Amidst New Crypto Law Rollout | Live Bitcoin News Federal prosecutors now say the company actively helped move money of at least $10 million that the company knew was criminal. In fact, these funds were said to have been connected with serious criminal activities. These included wire fraud and narcotics trafficking. The time frame for the supposed activity was from 2018 to 2025. Therefore, Crypto Dispensers has categorically denied all these claims. However, they strongly stress their ongoing dedication to strong compliance controls. The company also touts its long history of compliance. Their switch to software in 2020 was deliberate to better control the fraud risks. Software…

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Filed under: News - @ November 24, 2025 12:01 am