via Cointelegraph · By Cointelegraph Staff
Bitcoin Depot Filing Casts Doubt on Company’s Future Amid Lawsuits
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Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment.
In a Form 10-Q filing with the US Securities and Exchange Commission (SEC) on Tuesday, Bitcoin Depot chief financial officer David Gray reported that the company had accrued more than $20 million in legal…
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