Missouri Attorney General Catherine Hanaway has filed a lawsuit against Bitcoin ATM operator CoinFlip, accusing the company of 'knowingly facilitating fraudulent transactions' and profiting through high fees. The lawsuit seeks to halt CoinFlip's operations in Missouri and demands approximately $1.83 million in civil damages. CoinFlip responded, calling the lawsuit 'baseless' and stating that the company has implemented consumer protection measures, arguing that law enforcement should target the real fraudsters. This case comes amid increased regulatory and enforcement efforts across multiple U.S. states to combat Bitcoin ATM scams, which primarily target elderly individuals. Previously, North America's largest Bitcoin ATM operator, Bitcoin Depot, also filed for Chapter 11 bankruptcy protection. (Decrypt) https://(wublock123.com)/news/missouri-sues-coinflip-over-bitcoin-atm-1-83m-ban-61480