TechFlow News, May 22: According to Decrypt, Missouri Attorney General Catherine Hanaway has filed a lawsuit against Bitcoin ATM operator CoinFlip, accusing it of “knowingly facilitating fraudulent transactions” and seeking a $1.83 million fine as well as a ban on its operations in the state. CoinFlip responded that the lawsuit is “baseless” and urged authorities to instead investigate the actual perpetrators. Against this backdrop, U.S. states are intensifying regulatory crackdowns on Bitcoin ATMs—particularly targeting scams targeting elderly individuals. FBI data shows related losses reached $389 million in 2025.
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