Coin Cloud

Founded in 2014, Coin Cloud was a Las Vegas-based company that aimed to make digital currencies more accessible to the general public. It operated one of the largest networks of two-way Digital Currency Machines (DCMs), allowing users to instantly buy and sell over 40 different cryptocurrencies, including Bitcoin and Ethereum, using cash. At its height, the company had over 5,000 machines installed across the United States and Brazil. In February 2023, Coin Cloud filed for Chapter 11 bankruptcy protection, citing massive liabilities, including a significant debt to the troubled crypto lender Genesis, which led to the shutdown of its operations.