Thread by @Raindropactual

Bitcoin ATMs have 3xd in quantity in the past year. This isn't due to adoption. It is due to elder fraud, and ATM operators knowingly facilitating it -- 50%+ of volume for US-based machines to African exchanges is not remittance.

These companies are on notice. Remember this.

Paid opinions and compliance theatre will not outweigh irrefutable, irreversible evidence on the blockchain. These snakes may be able to deceive the uninitiated, but enough is enough. Soon enough, the act will come to a crashing halt. Nothing outmatches blockchain data. Nothing.

The days of these particular ATM operators running entire businesses on the proceeds of elder/romance scams are numbered. These businesses will be burnt to the fucking ground. This is not what Bitcoin was meant for, and I refuse to see Bitcoin's image tarnished. Enough is enough.

The days of these predatory, snake-oil-salesmen crypto-ATM operators blithely lying to the public and to the government are done. The days of them lining their pockets with fraud (or worse) fees are done. The days of compliance theatre are done. They will face their consequence.

Nobody, not any investigator including me, can argue something better than what exists on the blockchain. One can delete files. Twist the truth. Point the issues elsewhere. But when the blockchain shows what it does, all else falls to shreds.

It kills any "debate." Data is data.

Everyone in the industry has a choice. Hold companies accountable, or trust these scumbags. Irony: key term in blockchain is "trustless", and if they were honest, they'd prove it. Via the blockchain.

The day of our reckoning approaches. Will you be on the right side of history?