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UK FCA Cracks Down on First Crypto ATM Network Offender
British authorities have taken a firm stand against illegal crypto activities, with the Financial Conduct Authority (FCA) charging Olumide Osunkoya, a London resident, for operating unauthorized crypto ATMs. This groundbreaking move signals the first prosecution of an individual for running such machines without proper FCA registration. The FCA’s crackdown on illicit crypto ATMs extends beyond…