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Has Bitcoin Truly Been Comprised!? The BIG Debate! Ten Pound vs. Joel ValenzuelaSome bitcoin ATM machines advertise limits as high as $50, The new law also bars bitcoin ATM operators from collecting fees higher than $5. In March , the Financial Conduct Authority (FCA) in the United Kingdom declared that all cryptocurrency ATMs in the country were illegal and would need to. Bitcoin of America to ban illegal crypto ATMs in Connecticut. Reportedly, Bitcoin of America made restitution to the consumers of about $86,