The Financial Conduct Authority (FCA) of the UK has formally accused a man of operating a series of unauthorized crypto ATMs. Olumide Osunkoya, a 45-year-old resident of London, allegedly managed multiple crypto cash machines locations that handled transactions worth 2.6 million British pounds (approximately $3.4 million) from December 2021 to September 2023. FCA Continues Crackdown The post UK Cracks Down on Illegal Crypto ATMs: First Network Operator Charged appeared first on CoinGape .