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'Superman29' May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs

Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.

By Jaspreet Kalra

Updated Sep 14, 2021, 9:34 a.m. Published Jul 22, 2020, 8:44 p.m.

HSI Los Angeles Special Agents and Los Angeles County Sheriffs Department Deputies execute search warrants at mutliple locations in Los Angeles and Orange Counties and sieze more than a dozen ATM Bit Coin machines.