FCA

FCA Charges London Man for Running Illegal Crypto ATMs

September 11, 2024
The Financial Conduct Authority (FCA) in the United Kingdom on Tuesday charged 45-year-old Olumide Osunkoya for running multiple crypto ATMs without a proper FCA registration. “Mr Osunkoya is accused of running crypto ATMs, which processed £2.6m (approx. $3.4 million) in crypto transactions across multiple locations between 29 December 2021 and 8 September 2023 without the