Express

Blockchain Firm Bots Launches Litigation Against Firms Operating Bitcoin ATMs Across the United States

Amy Liu

Summary: Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States. With the more than 9,400 Bitcoin ATMs installed across the United States estimated to be processing between 130 and 180 transactions monthly, Bots believes ...

Puerto Rico-based blockchain and robotics firm Bots Inc has announced it is exploring its options with “a major law firm” to launch litigation against firms operating Bitcoin ATMs across the United States.

With the more than 9,400 Bitcoin ATMs installed across the United States estimated to be processing between 130 and 180 transactions monthly, Bots believes its patent can drive $14 million to $18 million dollars in monthly royalties.

Bots claims to be in the process of developing a “Worldwide Bitcoin ATM network” intended to allow interoperability between Bitcoin ATM terminals.

By Amy Liu

Last Update:

Tags: ,,,
Link: Blockchain Firm Bots Launches Litigation Against Firms Operating Bitcoin ATMs Across the United States   [Copy]
Next:

Related Articles

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 44 minutes ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 14 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 21 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 25 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago

    • You need to login to comment.