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Bitcoin ATM Operator Coinme Ordered to Repay $8 Million and Cease Operations
Washington state's Department of Financial Institutions issued a Temporary Cease and Desist Order against Bitcoin ATM operator Coinme on December 1, 2025. The Seattle-based company must halt money transmission services and return over $8 million to customers. The regulator alleges the firm illegally converted unredeemed customer funds into corporate revenue, violating the state's Uniform Money Services Act.
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Ripple CEO Projects Bitcoin at $180,000 by End of 2026 Amid Divergent Industry Forecasts
Ripple CEO Brad Garlinghouse projected Bitcoin will reach $180,000 by the end of 2026 during a panel at Binance Blockchain Week in Dubai. Bitcoin traded near $93,342 at the time, down approximately 0.6% over 24 hours and about 26% below its recent all-time high above $126,000. Binance CEO Richard Teng declined to specify a price target, while Solana Foundation President Lily Liu offered a more conservative estimate above $100,000.
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