As a crypto analyst raised in quant finance and blockchain data science, I’ve watched this case unfold with cold precision. Coinme, a Seattle-based crypto ATM operator, breached California’s $1,000 daily transaction cap—then failed to disclose user receipts. The DFPI fined them $300K, including $51,700 in victim restitution. This isn’t just regulation—it’s a signal: decentralized finance demands transparency, not convenience. I decode the chaos behind the machine. Silence speaks louder than hype.