DigitalMint Parent Registered New Cybersecurity Firm
The registration followed a major extortion case involving former employees.
Updated on Oct. 10, 2026 in Cybersecurity
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On August 27, 2026, Red Leaf Chicago filed a trademark application for a new cybersecurity firm named Chaintrax Cyber. This move came months after former employees of its parent company, DigitalMint, were sentenced for a $75 million extortion scheme.
Why it matters
The formation of a new cybersecurity entity highlights a pivot for the parent company, which shuttered its 1,400-location bitcoin ATM business in 2024 to reorganize its operations.
Red Leaf Chicago paid a $550 trademark application fee to establish Chaintrax Cyber. This firm is distinct from DigitalMint, which previously operated 1,400 bitcoin ATM locations before exiting that market.
The players
Angelo Martino
He was a primary participant in the $75 million extortion scheme who received a prison sentence of nearly six years.
Marc Jason Grens
He serves as the president of both the original bitcoin ATM company, DigitalMint, and the newly formed Chaintrax Cyber.
Jonathan Solomon
He is the chief executive officer overseeing operations for both DigitalMint and Chaintrax.
Kevin Tyler Martin
He was a co-conspirator in the extortion operation and received a 48-month prison sentence in May 2026.
Ryan Clifford Goldberg
He was a co-conspirator who helped identify network weaknesses and was sentenced to 48 months in prison.
The details
Former DigitalMint employees Angelo Martino, Kevin Tyler Martin, and Ryan Clifford Goldberg were sentenced to prison for a scheme that targeted computer networks. The group identified network vulnerabilities to lock victim data and demand ransom payments, ultimately extorting over $75 million.
Timeline
DigitalMint began its business operations in 2014.
The bitcoin ATM business unit was closed in 2024.
Angelo Martino pled guilty to conspiracy in April 2026.
The Chaintrax Cyber trademark was filed on August 27, 2026.
A restitution hearing for Martino is set for November 12, 2026.
The Tech Race
The transition from bitcoin ATM operations to cybersecurity services follows the legal fallout surrounding the 2026 sentencing of the DigitalMint extortion conspirators. This shift reflects a strategic pivot as the company replaces its legacy hardware-based business with a digital security focus.
Chicago residents and potential clients should be aware that the firm formerly associated with the bitcoin ATM sector has rebranded its focus toward security. This transition may influence how local businesses evaluate their cybersecurity partners given the history of the parent company.
The takeaway
Corporate entities often reorganize following major legal disputes to mitigate brand damage and pursue new market sectors. Investors and clients should conduct thorough due diligence when evaluating firms that emerge from previous business failures.
What happens next
A restitution hearing for Angelo Martino is scheduled for November 12, 2026, to address the financial damages caused by the extortion scheme.
Further reading
For more information on local industry developments, visit Cybersecurity.
Source note: This article includes information reported by Chicago Sun-Times.
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