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Nancydelagrange

@nancydelagrange1

Officers carried out a search warrant at the Gadcet shop in Chatham's High Street on 28 April 2023, where they said they seized a number of crypto ATMs, including one on public display. Habibur Rahman, 37, of Langdon Crescent in East Ham, London, was arrested on the same day and has now been charged with operating the machine without registration from the Financial Conduct Authority (FCA). He is also alleged to have laundered £300,000 of criminal cash by converting it into cryptocurrency. Mr Rahman has been bailed to attend Medway Magistrates' Court on 10 October. Crypto ATMs are machines which allow customers to buy or convert funds into cryptoassets, but the FCA has previously warned they can be used to launder illegally obtained cash.
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