Quote from: holydarkness on April 24, 2024, 07:17:28 PM

Quote from: jeffyeps on April 24, 2024, 12:02:30 AM

[...]
Here is stakes official response
"
Hello,
[...]
Unfortunately, you will not be able to withdraw any remaining funds and, you will receive no further correspondence from the accounts team regarding the decision.
[...]

To clarify, they confiscate all of your funds? Including the other balance you accumulated from the winnings of other bets? Were you at a profit from your entire stay at Stake?

Quote from: Peeps Place on April 24, 2024, 12:09:16 AM

This is another case that has nothing to do with money laundering. It shouldn't even be brought up. The player isn't being accused of money laundering. In the history of BCT, I have seen one case at most of money laundering. If money laundering is used then the book is just pulling up an excuse to steal money. What should happen to a player that is unemployed and doesn’t have a bank
account?[...]

Yes, this is another case that has nothing with money laundering, but this is another case that has to do with being compliant to clauses on the ToS both parties entered into agreement, that Stake are allowed to do their CDD. I believe I've give some explanation on the other thread.

I really frowned upon this "new" approach from Stake, but it doesn't mean they don't have the right to ask for it. Even with the neighboring case, where their level-4 verification goes out of the fence [while at the same time, frowning upon and thinking that the decision they made on that case is not something acceptable] the basis of it stays true, that they reserve the right to ask for SoW and may brought it up whenever they deemed fit.

What if a player is unemployed and doesn't have a bank account? Well, they have other acceptable documents a player can submit to verify their SoW.

https://talkimg.com/images/2024/04/24/r2nbl.jpeg

Yes confiscated the original stake of this bet that was made off other bets on stake and closed account without any further information and complete severing of all communications. I've been on stake since 2021 my entire stay at stake would be not profitable if we are talking about the full entirety of my account. I've proved my identity and source of funds and I'm being penalized for following their own site postings of the high roller bets. Crazy at any time they can just steal your money and not feel guilty about it. I'm sure other casinos just voided player bets and returned players original stake. I guess this is just the outcome of playing on shady sites. I am having to now make a complaint with license provider.