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Missouri AG sues CoinFlip, calls crypto ATMs 'getaway cars for fraud'

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The Block Editorial
(10:40 AM UTC)
1 min read
EW
Verified byEmily Watson
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Missouri Attorney General Catherine Hanaway has sued CoinFlip operator GPD Holdings LLC, alleging the cryptocurrency ATM network facilitated fraudulent transactions while charging excessive fees, according to a complaint filed in Jasper County Circuit Court.

The state said in the filing that roughly 350 crypto ATM-related cases have been reported in Missouri over the past two years, with losses…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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