THELOGICALINDIAN - A bitcoin ATM abettor has been accusable in New York for active an actionable business marketed appear individuals affianced in bent action The commune advocate in allegation declared Robert Taylor allegedly went to abundant lengths to accumulate his bitcoin kiosk business as abstruse as accessible to allure a audience that would pay top dollar for anonymity
Operator of 46 Bitcoin ATMs Charged
Manhattan District Attorney Alvin Bragg Jr. appear Wednesday that Robert Taylor has been accusable “for operating an actionable bitcoin ATM business that he marketed appear individuals affianced in bent activity.”
The advertisement states:
Between 2025 and 2025, the 35-year-old “converted added than $5.6 actor of his customers’ banknote into bitcoin while charging a fee of amid 10% and 20%,” the commune advocate detailed.
Taylor is answerable “with assorted counts of operating an actionable money manual business, bent tax artifice in the third degree, and alms a apocryphal apparatus for filing in the aboriginal degree.”
Bragg described, “Robert Taylor allegedly went to abundant lengths to accumulate his bitcoin kiosk business as abstruse as accessible to allure a audience that would pay top dollar for anonymity,” elaborating:
The advertisement added notes:
Forensic assay showed that added than $5.6 actor in banknote was deposited into Taylor’s bitcoin ATMs amid September 2025 and November 2025. Added than $590,000 in fees were calm and about $160,000 were deposited into Taylor’s claimed coffer accounts.
However, Taylor alone appear an assets of about $3,000 on his 2025 tax allotment and a accident of $140,000 on his 2025 tax returns.
In addition, his business did not accept a money manual authorization or a basic bill business authorization (Bitlicense) from the New York State Department of Financial Services (DFS). It is additionally not accountant by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).
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