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Nigel Farage claimed shady crypto ATM owner is ‘like a son to me’

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UK Reform Party leader Nigel Farage once described one of the party’s volunteers who is also a convicted fraudster and the alleged owner of an illegal crypto ATM, as being ‘like a son to me.’   According to the Byline Times, Farage made the comment about financier George Cottrell in 2020. Cottrell, also known as ‘Posh George,’ was caught in an FBI sting operation agreeing to launder £120,000 per month in drug funds. He allegedly threatened to report the fake drug traffickers to the police in an attempt to blackmail them out of 130 bitcoins, then worth $80,000.    Cottrell also faced allegations of owning an illegal crypto ATM machine at a private members club and casino in Montenegro. However, he denies having any financial ties to the casino and company records state a ​​Malaysian accountant from London owns the property.  He was subsequently sentenced to eight months on one count of wire fraud in 2017 and was issued another 20 charges including blackmail that were dropped as pa

Shiba Wings customers love the food, not so much the crypto, says owner

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The SHIB-themed diner serves hot wings, burgers and cocktails, but despite the branding, still trades mostly in fiat. After a grand opening in March, Australian fast-food diner Shiba Wings has seen plenty of customers walking through the doors for their fried delectables.  Their appetite, however, hasn’t translated to crypto payments. The Shiba Inu (SHIB) themed diner first opened its doors in Australia’s beachside city Surfers Paradise on March 18, 2023. Speaking to Cointelegraph, the pseudonymous owner of the diner, “Elijah,” said their first week saw roughly $168 (250 Australian dollars) worth of crypto payments. In the months that followed total crypto payments dropped off, falling to an average of around $34 (50 Australian dollars) per week. Shiba Wings diner. Source: Paradise Centre. Most of these payments have been Shiba Inu, followed by Dogecoin (DOGE) and then Cardano (ADA). However, Elijah doesn’t believe this is a cause for concern, stressing that crypto payments themse