Bitcoin ATM Founder Sonny Meraban Indicted Following Raid Captured on Video by Gambling911

Written by:
C Costigan
Published on:

Bitcoin ATM founder, Sonny Meraban, 45, was taken into custody and faces nearly five dozen charges for various counts.


The arrest of Meraban was captured by a news crew as it was transpiring Wednesday morning shortly after 7 am but details were not immediately known. Gambling911 was immediately made aware of the occupant of the home being raided.

Meraban is listed as the CEO of Bitcoin America, a virtual currency exchange registered as a money services business with the United States Department of Treasury.

NBC News broke the story wide open Thursday morning that Meraban is facing nearly five dozen charges for various counts that range from conspiracy to money laundering to receiving stolen property and over 30 counts of license requirement violations on a warrant out of Cuyahoga County, Ohio. 


The Cuyahoga County prosecutor announced Thursday afternoon the results of an operation resulting in indictments of people owning and operating cryptocurrency kiosks in Ohio.

In addition to Meraban, charges were filed against S and P Solutions, Reza Mehraban, 75, and William Suriano, 69, including engaging in a pattern of corrupt activity, conspiracy, and license requirement violation for running the kiosks between August of 2002 and last month.

Cryptocurrency kiosks refers to cryptocurrency ATMs, like Bitcoin ATMs.

- Chris Costigan, Publisher

Video News News

CFP Championship Game Betting Preview 2024

America loves an underdog story, but the majority of the United States is rooting against the “dogs” (Washington Huskies) in Monday’s CFP National Championship game.  Michigan has been hovering between a -4 and -4.5 favorite.

Senator Mullin vs. O'Brien Fight Odds Now Up

It's not often we get to cross the intersection of sports and politics, but on Tuesday that's exactly what happened when a congressional hearing devolved into an angry confrontation between these two men.

iGaming and Blockchain With Becky Liggero and LilBit

Long time friend of the website Becky Liggero sat down with the frontline voice of BSV Blockchain, Handcash, Champions TCG and newcomers LilBit to discuss, among other things, the world of iGaming and how blockchain and micropayments can impact the space.