U.S. Attorney Charges Crypto Dispensers CEO with $10 Million Money Laundering Conspiracy

The U.S. Attorney’s Office for the Northern District of Illinois announced on November 18, 2025, that Firas Isa, founder and CEO of Virtual Assets LLC — the parent company of Bitcoin ATM operator Crypto Dispensers — has been indicted on one count of conspiracy to commit money laundering involving approximately $10 million.

Details of the Charges

Federal prosecutors allege that Isa and his company facilitated the laundering of illicit funds through Crypto Dispensers’ network of Bitcoin ATMs. The single-count indictment carries a maximum penalty of 20 years in federal prison if convicted. Both Isa and Virtual Assets LLC have entered not guilty pleas.

A status hearing in the case is scheduled for January 30, 2026, in Chicago federal court before U.S. District Judge [name redacted pending official docket].

Background on Crypto Dispensers

Crypto Dispensers operates a nationwide chain of Bitcoin ATMs that allow users to buy and sell cryptocurrency with cash. The platform has marketed itself as a convenient on-ramp for digital assets, with locations in retail stores and standalone kiosks across multiple states.

The charges mark another instance of law enforcement scrutiny on Bitcoin ATM operators, which have increasingly been linked to fraud, romance scams, and other illicit finance schemes due to their cash-based and relatively anonymous nature.

No additional co-conspirators were named in the current indictment, and the investigation remains ongoing.

In summary, Crypto Dispensers CEO Firas Isa faces up to 20 years in prison on federal money laundering conspiracy charges related to $10 million in allegedly illicit transactions processed through the company’s Bitcoin ATM network, with the next court appearance set for January 30, 2026.