Taylor allegedly operated 46 bitcoin kiosks in New York, New Jersey and Miami, mostly located in laundromats,

“Bro we gotta maintain everyone’s privacy. It’s worth the money,” prosecutors say the business wrote on Snapchat in response to a complaint about the high costs.

Taylor was indicted on charges of operating an unlicensed money transmission business, criminal tax fraud and offering a false instrument for filing.

It also didn’t require customers to show ID or answer any of the “know your customer” questions that banks are required to ask under law.

“We never ask for ID or have a camera that takes a pic of your face,” one customer was allegedly told, according to prosecutors.

The only identifying information on Taylor’s kiosks was a Snapchat icon, which linked to an anonymous Snapchat account that was connected only to a pre-paid burner phone and an encrypted Proton email account, prosecutors said. The Snapchat channel told customers not to tell anyone about the location of the ATMs. “We need to stay hidden,” the company said.

Forensic analysis of Taylor’s kiosks showed that more than $5.6 million in cash was deposited between September 2017 and November 2018, generating more than $590,000 in fees.