Tag Archive: Ponzi scheme

Today, you'll often hear a subset of online gamblers who swear that utilizing online crypto casinos is the future of gambling. They will claim that the anonymous nature of Bitcoin and other cryptos allows for a safer environment. All your personal and banking details are not needed so remain out of the hands of internet hackers. But this way of thinking assumes that the crypto casinos are all good guys. Unfortunately, this is far from true and you have a worse chance of losing all your funds.

Over the last couple of years, there's been a new internet fad surrounding the inception of NFTs. Maybe you've seen the bonkers prices being paid for so-called digital art. For example, the complete works of a digital artist, Beeple, have been sold for over $600 million! Now there are some believers who want to somehow incorporate NFTs into the world of online gambling. So with that in mind, we take a look at the possible uses for NFTs in online casinos as well as in online casino games.

A rich trust-fund man-baby, who spends all his time and daddy's money on flexing on Instagram with supercars and models, finally had his comeuppance. Always claiming that his wealth comes from his expertise at playing poker, this pathetic loser was taken on and then quietly dropped by GGPoker. Having been their comically ridiculous and lame poker ambassador, led to the company being called out on so many levels. Mainly concerning their inherent sexism towards many talented female players.

For Charles Wells, working a normal job was a mugs game. He set out and defrauded a huge number of investors and took the money to Monte Carlo. There he had the good fortune to win so big, that he broke the bank twice. But it was all downhill from then.