Drake and Adin Ross Face Class-Action Lawsuit Over Alleged Fraudulent Promotion of Crypto Casino Stake
Drake and internet personality Adin Ross have been hit with a class-action lawsuit for promoting Stake.us, an online platform accused of operating as an unlicensed gambling site under the guise of a 'social casino.' The suit, filed in Missouri, alleges that Stake.us used digital 'Gold Coins' to mask real-money betting, targeting younger audiences and exposing them to financial and psychological risks.
The plaintiffs argue that Drake, unlike in previous celebrity crypto cases, was aware of the alleged misconduct. The lawsuit highlights the growing scrutiny of celebrity endorsements in the crypto and gambling sectors, particularly when they involve potentially deceptive practices.
Stake.us, which promotes itself as a social casino, is under fire for violating Missouri state laws. The case could set a precedent for how influencers and celebrities are held accountable for promoting high-risk financial products.