According to Decrypt, the Washington State Department of Financial Institutions (DFI) has issued a temporary cease and desist order, requiring Bitcoin ATM operator Coinme to return over $8 million in unredeemed customer voucher funds. Regulators accuse the company of treating these unredeemed funds as company revenue, violating state money transmission laws. DFI stated it plans to revoke Coinme's money transmission license, impose a $300,000 fine, and charge $375 in investigation fees. Additionally, DFI is seeking to ban Coinme co-founder and CEO Neil Bergquist from participating in any money transmission business for 10 years. http://(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52949