Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm
September 5, 2026
Washington regulators are seeking to revoke Coinflip’s license and impose a $1.03 million fine over alleged crypto kiosk compliance failures. The charges also demand consumer refunds and industry bans for the company and its CEO.
Key Takeaways
Washington seeks to revoke Coinflip’s money transmitter license.
The regulator alleges failures involving monitoring and refunds.
Coinflip and its CEO…