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BREAKING: Dumb Guy Who Thought He Could Get Away With Illicit Cryptocurrency Shenanigans Gets Caught by Bureaucrats, World Shaken to Its Core

A  of Olumide Osunkoya being dragged away by a pair of handcuffed bureaucrats as they hold him accountable for his illicit cryptocurrency operations. In the background, a convenience store with multiple crypto ATMs stands empty and still, while in the foreground, £2.6m worth of cryptocurrencies are scattered around Osunkoya's feet.

Crypto’s latest victim: a guy who thought running an unlicensed operation would be a good idea.

Source: bitcoin.com

Olumide Osunkoya has pleaded guilty to illegally running a crypto ATM network across the UK. Even though the UK Financial Conduct Authority (FCA) denied his registration, his operation handled millions in cryptocurrency transactions. This case represents the first conviction of its type under the UK’s anti-money laundering laws. The UK Financial Conduct Authority (FCA) announced Monday that Olumide Osunkoya has pleaded guilty to running an illegal crypto ATM network. Noting […]

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