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, Mon Wed 10am 7 30 pm Drug dealersusing London s bitcoin ATMs to launder cash. Drug dealers are laundering illicit funds through London s bitcoin ATMs, the Met police have said. Officers said they saw a dramatic increase in the use of about 100 machines across the UK where anybody can deposit london sterling in exchange for crypto currencies such as bitcoin.
Once digitised, the funds can. Bitcoin ATM in London, UK CashpointFind location of Genesis Coin Bitcoin ATM machine in London, UK at 12 Aldermans Hill London N13 atm 4PJ United Kingdom.
A file photograph of a bitcoin ATM in Athens, Greece. Reuters.
Even low level criminals are embracing cryptocurrency, police have warned.
Senior Metropolitan Police officers discussed its use at an organised crime briefing.
Bitcoin ATMs allow drug dealers to cleanly , discreetly dispose of money
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