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Justice: seize thirteen illegal cryptocurrency vending machines

19/12/2024
Source : ORISHAS FINANCE
Categories: Compliance

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Last Tuesday, the Interregional Jurisdiction Prosecutor's Office spécialisée (Jirs) de Paris announced

avec l' Autorité des marchés financiers (AMF) the seizure of 13 possibly illegal cryptocurrency ATMs.

Le parquet Jirs Paris et l' AMF dans des communiqués distincts a annoncé que des judicial police operations were conducted on June 13, 2024 and December 17, 2024, as part of an investigation by JIRS Paris for the illegal exercise of the activity of service provider on digital assets blanchiment acute; risk (PSAN) and worsened. 13 vending machines worth 160,000 euros, in addition to 24,400 euros in cash were seized during the searches carried out in June. According to the public prosecutor, “these ATMs allowed the conversion of fiat currencies (FIAT) into cryptocurrencies, and vice versa, without any verification of the customer's identity, in exchange for prohibitive commissions, and without prior registration of the service provider with the Autorité des Marches Financiers (AMF

)”.
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