Seattle-based crypto ATM operator Coinme has agreed to pay a $300,000 penalty for breaching California's daily transaction limits and failing to provide mandatory disclosures. The California DFPI flagged violations at Coinme's kiosks in grocery stores and convenience stores, including a $51,700 restitution to an elderly scam victim. As a DeFi developer, I'll break down why compliance isn't optional - even in the 'Wild West' of crypto.