Crypto Dispensers Weighs $100M Sale After DOJ Charges CEO

Crypto News Business

Crypto Dispensers Weighs $100 Million Deal After DOJ Indictment Hits CEO

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 24, 2025

Key Takeaways

Crypto Dispensers is exploring a $100 million sale while its CEO faces federal money laundering charges;
The company shifted from Bitcoin ATMs to software in 2020 to reduce fraud and meet regulations;
DOJ alleges CEO Firas Isa helped launder $10 million through the ATM network between 2018 and 2025.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Crypto Dispensers Weighs $100 Million Deal After DOJ Indictment Hits CEO

BITDEGREE IN YOUR SOCIAL FEED

Crypto Dispensers, a Bitcoin BTC $87,779.12 ATM company, is looking into a possible sale valued at around $100 million while its founder faces federal money laundering charges.

The company said on November 21 that it has brought in advisers to assess its options and gauge interest from buyers.

In the announcement, Crypto Dispensers highlighted that it had already moved from operating physical ATMs to developing software services in 2020.

What is Ethereum & What is it Used For? (Animated Explanation)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

The firm stated that this shift was aimed at addressing concerns about fraud and at complying with tighter regulations.

Chief Executive Firas Isa called the potential sale part of the company’s next stage of growth. Isa said:

Hardware showed us the ceiling. Software showed us the scale.

The company added that it might continue to operate independently, depending on how the review unfolds, and that there is no certainty that a deal will take place.

The announcement followed the US Department of Justice's indictment accusing Isa and the company of helping launder $10 million. Prosecutors claim that, between 2018 and 2025, Isa accepted money from wire fraud and drug trafficking through the ATM network.

The indictment stated that, despite identity checks, he converted the funds into cryptocurrency and transferred them to wallets designed to conceal their source.

Meanwhile, Australia’s Minister for Cybersecurity and Home Affairs, Tony Burke, is considering changes that could allow its financial intelligence agency to limit the use of crypto ATMs. What does the proposed law include? Read the full story.