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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

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…

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