Bitcoin Depot Appoints Chris Ryan as Chief Legal Officer

Rhea-AI Summary

Bitcoin Depot (NASDAQ: BTM), the largest Bitcoin ATM operator in the U.S., has appointed Chris Ryan as Chief Legal Officer to strengthen its C-suite and support expansion. Ryan, formerly Deputy General Counsel at MoneyGram International, brings over a decade of experience in cryptocurrency, financial services, and regulatory compliance.

In his new role, Ryan will lead Bitcoin Depot's legal and compliance strategy, focusing on governance, risk management, and regulatory matters. His previous experience includes leading global legal teams, negotiating fintech deals, developing compliance frameworks, and working with policymakers on cryptocurrency regulations.

At MoneyGram, Ryan oversaw cryptocurrency initiatives and regulatory strategy across North America, Latin America, Europe, and Africa. He holds a J.D. from Florida Coastal School of Law and a B.S. in Political Science from the University of Dayton.

Positive

• Strengthens legal and regulatory compliance expertise with experienced fintech executive
• Enhances capability to navigate complex cryptocurrency regulations
• Brings valuable international experience in cryptocurrency initiatives and partnerships
• Adds expertise in risk management and regulatory strategy from major financial institution

Negative

• None.

Bitcoin ATM Leader Strengthens C-Suite to Support Expansion and Navigate Industry Progression

ATLANTA, March 14, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced today that Chris Ryan has been appointed Chief Legal Officer. With a strong background in financial services, cryptocurrency, and regulatory compliance, Ryan will be instrumental in guiding the company’s legal operations as it continues expanding access to Bitcoin.

As Chief Legal Officer, Ryan will lead Bitcoin Depot’s legal and compliance strategy, advising the executive team on governance, risk management, and regulatory matters. He will also oversee partnerships, legal operations, and policy initiatives to support the company’s continued expansion.

Before joining Bitcoin Depot, Ryan served as Deputy General Counsel at MoneyGram International, where he led global legal teams working on cryptocurrency initiatives, regulatory strategy, and commercial partnerships across North America, Latin America, Europe, and Africa. With over a decade of experience, he has negotiated high-profile fintech deals, advised on blockchain product strategies, and developed compliance frameworks for digital assets and payments. He has also worked closely with policymakers on evolving cryptocurrency regulations and overseen key areas like AML, KYC, and financial compliance. His expert understanding of risk management, corporate transactions, and regulatory affairs will be key as Bitcoin Depot continues to strengthen its position as the largest Bitcoin ATM operator in the U.S.

“Chris has spent his career navigating complex financial and regulatory landscapes while leading high-performing legal and compliance teams,” said Brandon Mintz, CEO and founder of Bitcoin Depot. “His experience in fintech, blockchain, and global regulatory strategy will be invaluable as we continue expanding access to Bitcoin, enhancing compliance, and positioning Bitcoin Depot for long-term success. With the cryptocurrency industry evolving rapidly, Chris’s leadership will ensure we remain ahead of the curve.”

“Bitcoin Depot is at the forefront of making Bitcoin more accessible to people everywhere, and I’m excited to join at such a transformational time,” said Ryan. “With the crypto industry rapidly evolving, building a strong regulatory and compliance foundation is more important than ever. I look forward to working alongside the team to support Bitcoin Depot’s growth and advance its mission of bringing Bitcoin to the masses through its cash-to-crypto model.”

Ryan holds a J.D. from the Florida Coastal School of Law and a B.S. in Political Science from the University of Dayton.

About Bitcoin Depot 
Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with approximately 8,400 kiosk locations as of December 31, 2024. Learn more at www.bitcoindepot.com.

Cautionary Note Regarding Forward-Looking Statements
This press release and any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,“ ”plan,“ ”potential,“ ”priorities,“ ”project,“ ”pursue,“ ”seek,“ ”should,“ ”target,“ ”when,“ ”will,“ ”would,” or the negative of any of those words or similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.

These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.

We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.

Contacts: 

Investors  
Cody Slach 
Gateway Group, Inc.  
949-574-3860  
BTM@gateway-grp.com 

Media  
Brenlyn Motlagh, Ryan Deloney  
Gateway Group, Inc. 
949-574-3860  
BTM@gateway-grp.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ab09ac94-e75b-4fd6-9010-b8652a89fc74

FAQ

What experience does Chris Ryan bring to Bitcoin Depot (BTM) as the new Chief Legal Officer?

Chris Ryan brings over a decade of experience in cryptocurrency, financial services, and regulatory compliance, previously serving as Deputy General Counsel at MoneyGram International where he led global legal teams and cryptocurrency initiatives.

What will be Chris Ryan's main responsibilities at Bitcoin Depot (BTM)?

Ryan will lead Bitcoin Depot's legal and compliance strategy, advise on governance, risk management, and regulatory matters, while overseeing partnerships, legal operations, and policy initiatives.

How does Chris Ryan's appointment align with Bitcoin Depot's (BTM) business strategy?

His appointment strengthens Bitcoin Depot's regulatory and compliance foundation as the company expands its Bitcoin ATM operations and advances its mission of making Bitcoin more accessible through its cash-to-crypto model.

What regulatory expertise does Chris Ryan bring to Bitcoin Depot (BTM)?

Ryan has extensive experience in AML, KYC, financial compliance, and has worked with policymakers on cryptocurrency regulations while developing compliance frameworks for digital assets and payments.