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Bitcoin Depot appoints ex-MoneyGram executive Alex Holmes as CEO amid state actions
Bitcoin Depot has appointed former MoneyGram executive Alex Holmes as CEO and chair, after Scott Buchanan stepped down from the role on Tuesday following a tenure that began on Jan. 1. The change comes as the crypto ATM operator faces enforcement and legal actions across multiple US states, while its shares closed Wednesday down 6.6% at $2.62 before rising 4.7% after-hours to $2.74.