Law360, London: On 10 September 2024 , the UK's Financial Conduct Authority (FCA) launched a criminal prosecution against Olumide Osunkoya, the first of an owner of a firm enabling crypto asset trading, who pled guilty to the charges. The regulator announced that it had secured its first conviction on 30 September 2024 for two offences relating to the unlawful operation of multiple crypto automated teller machines that were not registered with the FCA.
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