Bitcoin Depot

Highlights: Bitcoin Depot filed for Chapter 11 to wind down operations and sell company assets. The Bitcoin ATM operator said stricter state rules made its business model unsustainable. The company has taken its Bitcoin ATM network offline during the court-supervised […]

Highlights Bitcoin Depot lost $3.665 million after hackers breached internal systems and moved 50.9 BTC from wallets. The attack exposed gaps in settlement account security and raised concerns about internal controls. Regulators are tightening oversight on Bitcoin ATM operators due […]

Highlights: Bitcoin Depot to shut down operations in Connecticut after regulators found overcharging and refund failures. Multiple states are taking action as authorities review how crypto ATMs handle fraud and user protection. The company expects up to a 40% revenue […]

Highlights: Bitcoin Depot has expanded to Hong Kong to meet the rising demand for crypto conversion in Asia. Bitcoin Depot has launched a licensed ATM network in Hong Kong to boost access for users. Hong Kong has become a strong […]