Founder of Bitcoin ATM company charged in alleged $10 million money laundering scheme

Firas Isa faces charges for a money laundering conspiracy involving at least $10 million. The U.S. Department of Justice states he used Bitcoin ATMs to convert illicit funds into cryptocurrency and conceal their sources.

If convicted, Isa could face 20 years in prison. Both he and Virtual Assets LLC maintain their innocence, awaiting a court hearing set for January 30, 2026.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts