CEO of Crypto Dispensers Pleads Not Guilty to $10M Laundering Scheme

[bonk]

Federal prosecutors have accused Crypto Dispensers CEO Firas Isa of facilitating a $10 million laundering operation through the firm’s ATM network from 2018 to 2025. The DOJ alleges he knowingly processed funds from wire fraud and narcotics trafficking, converting them into crypto and masking their origins. Isa and the company have pleaded not guilty; the charge carries a possible 20-year sentence.

[Rimon Khan]

Big allegation—curious to see how the case unfolds.

[Abdul Khan]

Not guilty pleas are standard, but $10M is hard to explain away.