Missouri Attorney General Sues CoinFlip Over Crypto ATM Fraud Facilitation
Missouri Attorney General Catherine Hanaway filed a lawsuit against CoinFlip on May 21, 2026, accusing the crypto ATM operator of knowingly facilitating fraudulent transactions through its network and charging fees as high as 22% without proper disclosure to customers. The state seeks civil penalties of up to $1.826 million and a court order to shut down CoinFlip's operations in Missouri. CoinFlip called the lawsuit meritless.
CoinFlip lawsuit allegations
▪Missouri accused CoinFlip of knowingly facilitating fraudulent transactions through its crypto ATM network.
▪Missouri accused CoinFlip of knowingly allowing scammers to use its Bitcoin ATMs to steal money from Missouri residents.
▪Missouri accused CoinFlip of profiting from fraudulent transactions through excessive fees charged at its kiosks across Missouri.
▪Missouri Attorney General Catherine Hanaway's office filed a lawsuit against CoinFlip on May 21, 2026.
▪CoinFlip called the Missouri lawsuit meritless.
Excessive ATM fees
▪Missouri accused CoinFlip of not informing customers about the fees charged at its Bitcoin ATMs.
▪Missouri accused CoinFlip of charging fees as high as 22% at its Bitcoin ATMs.
Civil penalties sought
▪Missouri's lawsuit seeks to shut CoinFlip's operations in Missouri.
▪Missouri is seeking a court order against CoinFlip.
▪Missouri is seeking civil penalties of up to $1.826 million against CoinFlip.
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