The suspension of Bitcoin Depot’s license is a significant event, revealing cracks in the operation of what was previously lauded as the "world's largest Bitcoin ATM operator." The core narrative here isn’t simply a regulatory hiccup, but a potential systemic vulnerability within the rapidly expanding ATM industry. The cited issues – excessive fees and inadequate fraud recovery – point to a failure of oversight and potentially a flawed business model reliant on high-volume transactions. The co...