U.S. Seizes Crypto ATMs Bought With Fraudulent SBA Loans, Arrests Owner
• U.S. law enforcement has seized 18 cryptocurrency ATMs purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. • The funds were used to purchase bitcoin from a New York-based cryptocurrency exchange, said the U.S. Department of Justice (DOJ). • Charles Riley Constant, […]