Missouri AG Hanaway sued Coinflip May 20 over Bitcoin ATM fraud, seeking $1.8M in penalties and an injunction on Missouri operations.

The Missouri Attorney General sued crypto ATM and kiosk operator CoinFlip on Wednesday, attempting to enjoin the company from operating in the state and asking for up to $1.8…

Missouri sued CoinFlip, alleging its cryptocurrency ATMs were used in widespread consumer fraud schemes and charged excessive fees.