CoinFlip
Coverage of CoinFlip in the Nexus archive.
- Proposal to regulate cryptocurrency ATMs wins NC Senate approval Tuesday
The North Carolina Senate approved a bill to regulate cryptocurrency ATMs, reducing transaction fee caps from 14% to 12%. The bill, House Bill 920, faces debate over its effectiveness in curbing scams linked to the kiosks, with some lawmakers advocating for a ban instead. AARP reported $389 million in losses from crypto ATM scams in 2025, primarily affecting adults 60 and older.
- Crypto ATM regulations move forward in NC despite pushback from industry
North Carolina's House Bill 920 aims to regulate cryptocurrency ATMs by imposing consumer protections like scam alerts, transaction cancellation, and refund windows. The bill, which emerged with industry-friendly concessions, raises transaction limits and fee caps compared to its original version, despite opposition from lawmakers concerned about consumer safety.
- Bitcoin ATM Firm CoinFlip Blasts 'Meritless' Lawsuit as Missouri Demands Restitution for Seniors
Missouri's attorney general has filed a lawsuit against Bitcoin ATM operator CoinFlip, accusing the company of knowingly facilitating fraudulent transactions and demanding restitution for senior citizens. CoinFlip has rejected the allegations as meritless. The case highlights regulatory scrutiny of cryptocurrency ATM operators regarding fraud prevention and consumer protection.
- Missouri AG sues CoinFlip, calls crypto ATMs ‘getaway cars for fraud’
Missouri's Attorney General has filed a lawsuit against CoinFlip, alleging that the company's cryptocurrency ATMs were utilized in widespread consumer fraud schemes and charged excessive fees to users. The suit characterizes crypto ATMs as facilitating criminal activity.
- Missouri Sues CoinFlip, Crypto ATM Operator Calls Lawsuit “Meritless”
Missouri has filed a lawsuit against CoinFlip, a cryptocurrency ATM operator. CoinFlip has responded by calling the lawsuit meritless, disputing the state's claims against their operations.
- Missouri AG sues crypto ATM operator CoinFlip ‘for enabling scams’
Missouri's Attorney General has sued CoinFlip, a crypto ATM operator, for allegedly enabling scams through deceptive fee structures. The lawsuit follows a December 2025 investigation into several crypto ATM companies. Missouri authorities are taking action against perceived fraudulent activities.