As a blockchain analyst in NYC, I’ve seen how regulatory cracks can cost companies dearly. Coinme just paid $300K in fines for violating California’s crypto ATM limits and failing to disclose key info — including a $51.7K payout to a scam victim. This isn’t just about compliance; it’s a wake-up call for every user relying on unregulated ATMs. The real risk? You’re not protected — even if you’re the one who lost money.