i-law

Compliance Monitor

Court appearances set for pioneering prosecutions on crypto ATMs

The FCA is preparing for court proceedings after it and the Kent police arrested and charged the first individuals to be prosecuted for running unlawful crypto ATMs.

Olumide Osunkoya, 45, is due to appear before Westminster Magistrates' Court on 30 September, and Habibur Rahman, 37, will attend Medway Magistrates' Court on 10 October.

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