Regulators Order Bitcoin ATM Giant Coinme to Repay $8M, Halt Operations

December 4, 2025

Washington state’s Department of Financial Institutions (DFI) has ordered Bitcoin ATM operator Coinme to halt all money transmission services and repay over $8 million to customers. The regulator issued a Temporary Cease and Desist Order on December 1, 2025, alleging the Seattle-based firm illegally converted unredeemed customer funds into corporate …