City regulator joins Met in raids on suspected crypto ATM operations

Joint investigation with police in London follows similar operartion in Leeds as part of wider crackdown on sectorThe City watchdog and local police have raided several sites in east London suspected of housing illegal ATMs distributing cryptocurrencies, as part of a widening crackdown on the sector.The joint operation between the Financial Conduct Authority (FCA) and Metropolitan police came just weeks after similar raids in Leeds. Those are believed to be the first to target crypto distributio