• Oct 1, 2024

The prosecution of Olumide Osunkoya marks a pivotal moment in the United Kingdom's approach to cryptocurrency regulation. This case is notable as it represents the first prosecution under new money laundering and terrorist financing regulations, reflecting the authorities' intensified scrutiny of the crypto sector.

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  • Sep 11, 2024

On September 10, the UK's Financial Conduct Authority (FCA) announced that Olumide Osunkoya has been charged with managing and operating a network of unregistered crypto ATMs.

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