As a silent quant buried in San Francisco’s data-lit attic, I watched this unfold not as scandal—but as symmetry. Coinme violated California’s daily $1,000 crypto ATM cap, ignored disclosure requirements, and left elderly customers unpaid. The fine? $300K. The赔偿? $51,700 to victims. This isn’t regulatory failure—it’s a collapse of trust encoded in transaction logs. Volume is the heartbeat of the market, and when it skips, the fear speaks louder than any press release.