Bitcoin ATM Founder Indicted for $10 Million Money Laundering

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author: CryptoNews

date: November 18, 2025

1 min. read

### Bitcoin ATM Operator Founder Faces Money Laundering Charges Firas Isa, the founder of Bitcoin ATM operator Virtual Assets LLC, has been indicted in Chicago on charges of laundering at least $10 million in illicit funds. Federal prosecutors allege Isa knowingly facilitated transactions involving proceeds from illegal activities through his network of Bitcoin ATMs. ### Isa Pleads Not Guilty, Hearing Scheduled According to reports, Isa has pleaded not guilty to the charges. A court hearing is scheduled for January 30, 2026, where further proceedings will take place. The case highlights the ongoing scrutiny of cryptocurrency businesses and their role in preventing money laundering. The indictment underscores the importance of robust compliance measures within the Bitcoin ATM industry to deter illicit financial activities. ```