UK FCA Charges First Individual for Illegal Crypto ATM Network

The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya, a 45-year-old Londoner, for illegally operating a network of cryptocurrency ATMs that processed £2.6 million in transactions without the required registration.
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Friend.tech Team Abandons Project, Transfers Platform Control to Burn Address – What’s Going On?

The future of friend.tech, a Base project once touted as the pioneer and leader of the nascent “SocialFi” crypto sector, is up in the air after the friend.tech team appeared to abandon the project, transferring control of the platform to a burn address.
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