Prosecutors in the Russian state of Tatarstan have issued a warning to a local businessman about two bitcoin ATMs.
In a statement from Nov. 16, the Prosecutor's Office of the Republic of Tatarstan referenced cryptocurrency kiosks that had been installed in two locations in Kazan, the capital city of Tatarstan.
The reports triggered an audit of the bitcoin ATMs, which are said to be installed by a firm based in the Russian state of Bashkortostan and then leased to an unnamed 34-year-old businessman.
Officials said in a translated statement:
Officials for the office in Tatarstan added that the investigation is ongoing.
Editor's Note: Some of the statements in this report have been translated from Russian.
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