Post
Topic
Board Scam Accusations
Re: $6,000,000 SCAMMED @ BC.Game (2428 ETH)
by
justincase78
on 05/08/2024, 23:36:55 UTC
Depends on how you withdraw it as or how it is stored. Some hold it in $ amount while some hold it in crypto coins, so you get the equivalent dollar amount.

I hope this question isn't off-topic. Since the price of ETH has dropped by almost 20%, does the value of the unsettled amount remain as ETH in case it's settled later, or is it still valued at $6 million at the time the issue was encountered on bc.game? How do most casinos handle situations like this when the price of cryptocurrency drops?

I've seen similar issues with smaller amounts, like $1,000 in crypto, where the casino returned the equivalent dollar amount rather than the crypto itself.


i dont believe any hold it in USD amount unless you select the USD currency on a website specifically instead of BTC/ETH/Whatever because otherwise it would be literally detrimental to their bankroll when big crypto crashes happen if everyone was based on the dollar amount.