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Bitcoin ATM Firm CoinFlip Blasts 'Meritless' Lawsuit as Missouri Demands Restitution for Seniors

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Decrypt Editorial

(02:43 PM UTC)

1 min read

Updated bySarah Chen

0 comments

In brief

Missouri State Attorney General Catherine Hanaway is seeking $1.83 million in penalties and an operational ban against CoinFlip.
Blasting the lawsuit as “meritless,” CoinFlip argued it has robust consumer safeguards and urged the state to investigate actual criminals.
The legal battle underscores a major national crackdown, arriving just days after top competitor Bitcoin Depot filed for…

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