Missouri Sues CoinFlip Over Alleged Crypto ATM Fraud Failures

CoinFlip crypto ATM in storefront with a court gavel and legal documents, signaling regulatory action over alleged scams

Missouri Attorney General Catherine Hanaway filed a lawsuit in late May 2026 against GPD Holdings LLC, the operator of CoinFlip, accusing the company of knowingly facilitating fraudulent transactions through its cryptocurrency ATMs. The complaint targets at least 136 CoinFlip machines in Missouri and seeks civil penalties, restitution for victims and an injunction that could bar […]