CoinFlip faces Missouri lawsuit over alleged crypto ATM scams

Missouri Attorney General Catherine Hanaway filed a lawsuit May 20, 2026, against GPD Holdings LLC, the company operating the Coinflip Bitcoin ATM network, accusing it of knowingly facilitating fraud while hiding fees that reached as high as 21.9% of each transaction. Missouri Sues Coinflip for Hiding 21.9% Fees and Allegedly Enabling Crypto Scams Statewide The […]

Missouri's top prosecutor accused Bitcoin ATM operator CoinFlip of “knowingly facilitating fraudulent transactions.”

The lawsuit followed the launch of a December 2025 investigation by Missouri authorities into several crypto ATM companies, citing “deceptive fee structures” and scams.

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Minnesota's ban on prediction markets could trigger a regulatory domino effect, challenging federal authority and impacting crypto platforms. The post Minnesota bans prediction markets, Trump administration files lawsuit appeared first on Crypto Briefing.

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