Coin Cloud, a major crypto ATM operator with more than 5,000 machines claimed on its website, has filed for Chapter 11 bankruptcy in the U.S. Genesis Global Trading is listed as its largest unsecured creditor.
Coin Cloud, a major crypto ATM operator with more than 5,000 claimed machines, has filed for Chapter 11 bankruptcy in the U.S. Court filings show liabilities far exceeding assets, with Genesis Global Trading listed as its largest unsecured creditor.
Coin Cloud, one of the largest crypto ATM operators with over 5,000 machines, has filed for Chapter 11 bankruptcy in the U.S. Its largest unsecured creditor is Genesis Global Trading with a claim of $116 million. The company’s assets are estimated between $50M-$100M and liabilities between $100M-$500M.
Coin Cloud, a major crypto ATM operator with more than 5,000 machines claimed on its website, has filed for Chapter 11 bankruptcy in the U.S. Genesis Global Trading is listed as its largest unsecured creditor.
The global crypto ATM network shrank by 597 machines in Q1 2026, reaching 38,928 units as of March 29. The US accounts for 77.7% of all installations, while top 10 operators control 78.2% of the market.
With over 37,109 Bitcoin ATMs worldwide, this guide explains how they work, fees (10-23%), and regulatory status. Learn to buy or sell crypto at ATMs safely.
With Bitcoin ETF approval boosting mainstream adoption, Bitcoin ATMs are key to crypto accessibility. This guide covers how they work, types, fees (10%-23%), and global distribution (37,109 machines, 30,000 in the US).
This article explains what Bitcoin ATMs are, how they work, their types, fees, and legality. With over 37,000 machines globally, they are key to crypto adoption post-Bitcoin ETF approval, offering both opportunities and regulatory challenges.
