Bitcoin ATMs May Be Used to Launder Money

In the hours before dawn, a team of former U.S. Army Rangers snakes its way through the streets of Manhattan to Apollo Deli & Fruit, which sits on a corner in Harlem, one block away from its namesake, the Apollo Theater. The store looks like most bodegas in New York City, but beneath an ad for Boar’s Head cold cuts is a sign that reads “Keep Calm and Buy Bitcoins Here.” And then, next to a tower of Lay’s potato chips, sits what looks like an ATM.