France considers ban on crypto betting platform Polymarket
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation. Go to Source
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Online Casino MetaWin hacked for $4 million — ZackXBT
According to cybersecurity firm CertiK, losses from digital asset scams and cybersecurity exploits topped $129 million in October. Go to Source
Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come. Go to Source
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto “was to be exchanged for cash at an ATM-like ‘cryptocurrency … Read more
Indonesia considering Telegram ban over lack of moderation
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia. Go to Source
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which he then misappropriated. He faces up to 20 years in prison. Clucoin Founder … Read more
Memecoin casino: $100 bet on Pump.fun has worse odds than roulette
Traders are disillusioned with the ultra slim chances of picking a memecoin winner. Go to Source
Britain’s public healthcare chief flags rise in crypto trading addiction
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions. Go to Source
Solana-based Cypher developer confesses to gambling away $300K of user funds
The insider’s exploit went unnoticed for months, despite over 36 individual transactions. Go to Source
Cypher core contributor admits to stealing $260K and gambling it away
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.” Go to Source
