SEATTLE, Wash. – Coinme, a Seattle-based cryptocurrency alternate firm serving the Tri-Cities space, has resumed full operations after state regulators ordered the corporate to halt gathering new funds and refund prospects. The order was initially issued based mostly on allegations that the firm wrongfully claimed thousands and thousands of {dollars} of wired funds as its personal income.
The Washington State Department of Financial Institutions (DFI) issued a short lived restraining order on December 1, 2025, following an investigation into Coinme’s cash transmission and digital foreign money kiosk operations.
Coinme reached an settlement with DFI in late December. The settlement permits Coinme to proceed operations whereas the investigation is ongoing.
A brief decision was reached after Coinme submitted monetary data and operational info to make clear its enterprise practices. The investigation by DFI stays ongoing.
