I get that there is a theoretical privacy value to Bitcoin ATMs. But in practice, in a world where it's easy to get a Coinbase account, their main purpose seemed to be to charge heavy fees for confused scam victims who didn't understand crypto.
Kevin Collier
Bitcoin Depot, the US' largest crypto ATM operator, is shutting down citing anti-fraud measures it had to roll out
...and now you know why these things existed in the first place
www.globenewswire.com/news-release...
ATLANTA, May 18, 2026 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today...