CoinOtag
2025-11-26 07:38:17

Bitcoin Depot’s Subsidiary Hit with $18.47M Arbitration Award in Cash Cloud Dispute

Bitcoin Depot's Canadian subsidiary, BitAccess Inc., has been ordered to pay $18.47 million in an arbitration award to bankrupt crypto ATM operator Cash Cloud Inc. over claims of faulty hardware and software that disabled thousands of kiosks, as disclosed in a recent SEC filing. The arbitral tribunal, administered by the Canadian Arbitration Association, ruled in [...]

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