Money Laundering Bulletin

Timon Molloy

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Four-year jail term for operating unlicensed crypto ATMs in UK

Olumide Osunkoya was sentenced to four years' jail, on 28 February, after becoming the first person convicted of unregistered cryptoasset activity in the UK.

Olumide Osunkoya was sentenced to four years' jail, on 28 February [2025], after becoming the first person convicted of unregistered cryptoasset activity in the UK.

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