BTCC / BTCC Square / decryptCO /
Crypto Casino CEO Faces Charges for Allegedly Blowing Millions of Investor Funds on High-Stakes Bets

Crypto Casino CEO Faces Charges for Allegedly Blowing Millions of Investor Funds on High-Stakes Bets

Author:
decryptCO
Published:
2025-08-13 22:43:06
16
2

Crypto Casino CEO Charged After Allegedly Gambling Away Investors' Millions

Crypto's Wild West claims another casualty—this time, a gambling platform boss who treated client funds like house money.

When the house always wins, guess who loses? Investors just got a brutal reminder that unregulated crypto ventures still play by 2017 ICO rules: trust nothing, verify less.

The CEO allegedly funneled millions into reckless wagers—proving yet again that in crypto, the line between 'visionary' and 'con artist' vanishes faster than a shitcoin's liquidity.

Regulators are circling, but let's be real—this is finance's degenerate cousin we keep pretending will mature by next bull run.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users