Missouri has filed a lawsuit against CoinFlip operator GPD Holdings LLC, accusing the company of facilitating fraudulent transactions and imposing excessive fees through its cryptocurrency ATMs. The lawsuit, led by Attorney General Catherine Hanaway, highlights that elderly victims have lost millions in irreversible transactions nationwide. CoinFlip, which operates over 140 ATMs in Missouri, is alleged to have charged fees as high as 21.9% on transactions. The state seeks consumer restitution, civil penalties of $1.826 million, and an injunction to halt CoinFlip's operations in Missouri. The lawsuit underscores the growing regulatory scrutiny on crypto ATM operators, as fraud complaints rise and states push for stricter consumer protection measures. CoinFlip, founded in 2015, is one of the largest crypto ATM operators by transaction volume but is now under pressure to enhance its security measures.