DigitalMint Parent Registered New Cybersecurity Firm
Red Leaf Chicago filed for the Chaintrax Cyber trademark following the imprisonment of former DigitalMint staff.
Updated on Oct. 10, 2026 in Cybersecurity
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Red Leaf Chicago, the parent company of DigitalMint, registered the cybersecurity firm Chaintrax Cyber on August 27, 2026. This move follows the sentencing of three former DigitalMint employees for a $75 million extortion scheme.
Why it matters
The registration marks a pivot for the firm, which previously shuttered its 1,400-location bitcoin ATM business in 2024. The transition highlights the shift of its leadership, including Marc Jason Grens and Jonathan Solomon, toward cybersecurity services.
The new Chicago-based entity Chaintrax Cyber was registered shortly after its former employees were sentenced for a $75 million extortion conspiracy. These former staff members used network data extraction and computer vulnerability analysis to lock victim systems.
The players
Marc Jason Grens
President at both DigitalMint and the newly registered Chaintrax Cyber.
Jonathan Solomon
CEO at both DigitalMint and Chaintrax.
Angelo Martino
Former DigitalMint employee sentenced to nearly six years for extortion conspiracy.
Kevin Tyler Martin
Former DigitalMint employee who received a 48-month prison sentence for his role in the extortion scheme.
Ryan Clifford Goldberg
Former DigitalMint employee sentenced to 48 months for identifying network weaknesses used in the $75 million fraud.
The details
The extortion scheme involved identifying computer weaknesses to gain network access, a process known as vulnerability exploitation. Once inside, the perpetrators extracted sensitive data to hold victim networks hostage until ransom payments were made. The company, which began in 2014, is now transitioning its corporate focus away from its former bitcoin ATM model.
Timeline
DigitalMint began its operations in 2014.
The bitcoin ATM business was shuttered in 2024.
Angelo Martino pled guilty in April 2026.
A trademark application for Chaintrax Cyber was filed on August 27, 2026.
The restitution hearing for Martino is set for November 12, 2026.
The Tech Race
The firm is attempting to pivot from its historical bitcoin ATM business toward the competitive cybersecurity market. This transition follows the 2026 extortion conspiracy conviction of DigitalMint staff, which serves as a significant reputational hurdle for the new entity.
Chicago businesses should note that Chaintrax Cyber is now a registered entity operating out of River North. No specific service availability or product release timeline has been announced for the firm.
The takeaway
The pivot into cybersecurity follows a high-profile criminal case that resulted in multi-year prison sentences for three former employees. Observers should track the upcoming restitution hearing on November 12, 2026, for further legal updates regarding the case.
What happens next
A restitution hearing for Angelo Martino is scheduled for November 12, 2026.
Further reading
For broader analysis of Chicago firms shifting their focus toward threat mitigation, see Cybersecurity.
Source note: This article includes information reported by Chicago Sun-Times.
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