FCA charges first individual with running a network of illegal …
WEBSep 10, 2024 · The FCA has charged Mr Olumide Osunkoya, who is 45 and resides in London, for unlawfully running multiple crypto ATMs without FCA registration. Crypto ATMs are machines that allow you to buy or convert money into cryptoassets.
UK Regulator FCA Charges First Individual With Running a …
WEBSep 10, 2024 · Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed British pounds 2.6 million ($3.4 million) in crypto transactions across various locations between...
UK crypto ATM operator pleads guilty to fraud, money
WEB1 day ago · Olumide Osunkoy faces prosecution on multiple charges related to the operation of crypto ATMs across the UK. He could spend up to 26 years in jail if convicted of all charges.
UK financial watchdog charges man with running illegal crypto ATMs
WEBSep 10, 2024 · London-based Olumide Osunkoya, 45, is accused of operating the ATMs - machines that allow you to buy or convert money into cryptoassets - and processing 2.6 million pounds ($3.4 million)in...
Olumide Osunkoya Pleads Guilty in UK Crypto ATM Scandal
WEB1 day ago · The UK Financial Conduct Authority (FCA) confirmed in a press release on Monday that Olumide Osunkoya pleaded guilty to managing a network of unregistered crypto ATMs across the UK, with transactions totaling £2.6 million between 2021 and 2023.
Owner of unlicensed UK crypto ATM network faces criminal charges
WEBSep 10, 2024 · The Financial Conduct Authority has charged Olumide Osunkoya with operating an illegal crypto ATM network, the first of its kind in the UK. The charges include money laundering and forgery.
FCA secures first conviction for crypto ATM operation
WEB11 hours ago · Olumide Osunkoya pleaded guilty to five offences at Westminster Magistrates’ Court on Monday (30 Sept). Osunkoya, 45, was also convicted for using false documents and possession of criminal...
Man convicted in the U.K.’s first crypto ATM case
WEB1 day ago · The regulator reported that a man charged earlier this year in connection with running an unregistered network of crypto ATMs — Olumide Osunkoya — pled guilty to five charges on Monday at Westminster Magistrates’ Court.
FCA charges alleged operator of multiple crypto ATMs in first ...
WEBSep 10, 2024 · In a statement today, the FCA said it had charged Olumide Osunkoya, 45, with running crypto ATMs which processed £2.6m across multiple locations between 29 December 2021 and 8 September 2023...
Man pleads guilty to illegally operating crypto ATM network
WEB1 day ago · Olumide Osunkoya, who is 45 and resides in London, pleaded guilty to five offences at a hearing at Westminster Magistrates’ Court. Sentencing will take place at a later date.
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