Bitcoin Depot’s 9,000 crypto ATMs went dark as Chapter 11 turns a retail crypto giant into a warning for the kiosk sector.
Key takeaways
- More than 9,000 Bitcoin Depot kiosks went dark as the company entered Chapter 11, turning one of crypto’s most visible retail on-ramps into a bankruptcy case study.
- The Atlanta-based company, once the largest crypto ATM operator in North America, filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southe...
- Bitcoin ATMs Promised Financial Access—Now They Are Being Treated as Fraud Infrastructure
- Bitcoin ATMs were built around a simple pitch: turn cash into crypto without forcing users through a full exchange experience. That made sense during crypto’s early ad...
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Canonical source: https://mlxio.com/crypto/bitcoin-depot-crypto-atm-bankruptcy-2026-05-22
