Atlanta area firm with the most bitcoin ATMs in North America to shut down

Atlanta area firm with the most bitcoin ATMs in North America to shut down

Bitcoin Depot, a Sandy Springs-based company with cryptocurrency ATMs scattered across North America, filed for bankruptcy protection this week as it faced scrutiny from states over allegations its kiosks facilitated scams.

The company was in the vanguard of operating bitcoin teller machines, or BTMs, often inside convenience stores, touting its ability to bring people outside the mainstream of the financial system into the world of digital payments.

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