US DOJ indicts Chicago crypto ATM founder for allegedly laundering $10M through digital currency, highlighting rising enforcement against anonymous crypto transactions

Prosecutors say the scheme involved cash (from fraud and drug offenses) being deposited into Crypto Dispensers’ cash‑to‑cryptocurrency ATMs, converted into crypto, then transferred to virtual wallets — effectively disguising the origin and ownership of illicit proceeds. The accused and his company have pleaded not guilty. A status hearing is scheduled for January 30, 2026…