Athena Bitcoin Sued by D.C. AG for Enabling Scams via Bitcoin ATMs

TLDR: The D.C. Attorney General has filed a lawsuit against Athena Bitcoin for facilitating fraud through its Bitcoin ATMs. Investigators claim that 93% of deposits at Athena Bitcoin ATMs were linked to fraudulent transactions. Athena Bitcoin allegedly profited from hidden fees of up to 26% per transaction, which were not clearly disclosed. The lawsuit reveals [...]

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