Crypto Dispensers, a Chicago-based operator of cryptocurrency ATMs, is considering a potential sale valued at $100 million. This follows charges from the DOJ against the company and CEO for an alleged $10 million money laundering scheme. Both parties have pleaded not guilty, facing a maximum of 20 years in prison.

The DOJ claims Isa and his company received illicit funds through Bitcoin ATMs, bypassing KYC requirements to launder money. If convicted, they could face asset forfeiture, with the government pursuing substitute assets if necessary.

Despite the charges, Crypto Dispensers is evaluating a potential $100 million sale, seeking advisors to support the review in the evolving cash-to-crypto sector. Isa stated the review aims to understand the platform’s growth potential and maximize its value.

As markets crash following a year of highs, Bitcoin plummeted to nearly $81,000, hitting its lowest price since April. In early October, BTC reached a record high of $126,000. The potential sale of Crypto Dispensers adds uncertainty to the volatile crypto landscape.

Read more at Yahoo Finance: Bitcoin ATM Firm Weighing $100 Million Sale Following Money Laundering Charges