Olumide Osunkoya laundered millions of pounds of criminal cash through Bitcoin ATMs

A fraudster ran a £2.5m money laundering scheme using a network of crypto currency ATM machines in convenience stores across the UK, a court heard. In what is believed to be the first case of its kind, Nigerian Olumide Osunkoya, 45, allowed his customers to feed wads of cash into the machines in exchange for Bitcoin and other digital currencies. The money put into the machine was often either cash from the proceeds of crime – or money being hidden…