Tag: online casinos

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Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds

August 23, 2024

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…
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Crypto Casinos Are ‘Impossible to Rig Because the Game Is Hosted on a Blockchain’ — Online Casino Reviewer

August 9, 2022

According to an igaming expert, Keane Ecclestone, crypto casinos are increasingly popular with bettors that value their privacy and security. While some perceive crypto casinos to be riskier than traditional online gambling platforms, Ecclestone believes bettors can play safely by choosing casinos that avail their licensing information. Bettors can also minimize risks by choosing crypto…
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