The fate of Crypto Dispensers, a Chicago-based Bitcoin ATM company, hangs in the balance as it explores selling itself amidst accusations of money laundering. According to Cointelegraph, the company is evaluating potential buyer interest for a sale worth up to $100 million after facing federal charges against its CEO, Firas Isa. This move follows Crypto Dispensers’ transition from physical ATMs to software-driven models in 2020, aimed at combating fraud, regulatory pressures, and enhanced compliance procedures. Despite exploring a sale, the company remains open to operating independently. However, the outcome of this review remains uncertain. The U.S. Department of Justice has unsealed an indictment accusing Isa and Crypto Dispensers of facilitating a $10 million money laundering scheme between 2018 and 2025, using the firm’s ATM network to convert proceeds from wire fraud and drug trafficking into cryptocurrency. Isa and his company have pleaded not guilty. If convicted, authorities could seize assets connected to the alleged scheme. Crypto ATMs are facing increased scrutiny due to rising concerns about fraud, with the FBI reporting nearly 11,000 scam complaints in 2024 related to these kiosks. The issue has prompted lawmakers and local governments to investigate crypto ATM’s anonymity and potential role in criminal activities. Cities like Stillwater, Minnesota, have banned crypto ATMs altogether after residents experienced significant losses from scams, while others impose restrictions on the machines in an attempt to safeguard citizens.