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May 18, 2026 11:15 AM UTC

Bitcoin Depot Files Chapter 11 Bankruptcy

The post Bitcoin Depot Files Chapter 11 Bankruptcy appeared first on Coinpedia Fintech News Bitcoin Depot has entered voluntary Chapter 11 bankruptcy proceedings to wind down operations and sell assets after mounting regulatory pressure battered its business model. The company said stricter state compliance rules, transaction limits, lawsuits and enforcement actions made Bitcoin ATM operations increasingly unsustainable. Its entire ATM network has already been shut offline. CEO Alex Holmes …

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