tldr; A lawsuit filed against rapper Drake and others alleges their involvement in an illegal crypto gambling operation through Stake.us, exposing a $38 billion underground gambling market in the U.S. The lawsuit accuses them of promoting illegal gambling and money laundering. Research by YieldSec reveals that illegal operators dominate 74% of the U.S. online gambling market, undermining legal operators and depriving governments of tax revenue. The rise of crypto gambling and inadequate enforcement exacerbate the issue, calling for stronger regulatory measures.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
chainer3000 on
“Exposes”
Uhh these sites openly advertise everywhere, it’s no secret. Anyone who has used these sites should be able to sue the shit out of them and all the streamers who promote the services using comp’d/given money and pretending it’s their own.
MarioWilson122 on
If it has celebs connected, its likely a scam, rarely if ever works out.
3 Comments
tldr; A lawsuit filed against rapper Drake and others alleges their involvement in an illegal crypto gambling operation through Stake.us, exposing a $38 billion underground gambling market in the U.S. The lawsuit accuses them of promoting illegal gambling and money laundering. Research by YieldSec reveals that illegal operators dominate 74% of the U.S. online gambling market, undermining legal operators and depriving governments of tax revenue. The rise of crypto gambling and inadequate enforcement exacerbate the issue, calling for stronger regulatory measures.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
“Exposes”
Uhh these sites openly advertise everywhere, it’s no secret. Anyone who has used these sites should be able to sue the shit out of them and all the streamers who promote the services using comp’d/given money and pretending it’s their own.
If it has celebs connected, its likely a scam, rarely if ever works out.