Quote from: nimogsm on September 01, 2024, 06:34:43 PM

Quote from: Samlucky O on July 11, 2024, 02:52:33 PM

I never knew that someone can use casino to hide the origin of fund. Although if not for a bad intention of a case of stolen fund or hacked fund I don't see any reason why someone would want to go through that process why there are just simply ways to send fund and trade through P2P and cashout your bulks. But any way whatever has disadvantages also have advantage meaning it can be used to keep fund safe from hackers or people who might be tracing someones fund so with this process the destination will be cut short along the way. Thereby bridging the tace.

Nowadays, few people use casinos since almost all major providers have identity verification, which already makes this pointless. If you need to steal cryptocurrency, there are plenty of other ways and I don’t think this is a secret to anyone, mixers are still relevant, there are exchanges without verification, etc. Also in large cities there are offices that exchange cryptocurrency for cash, there have been no problems with this for a long time.

And thats why scams and frauds are really that still rampant just because there's no way that it could be contained or would really be isolated if we do speak about on where funds could possibly came from.
There would really be various ways or methods on which those coins that are tainted would be washed out and will really be ending up on being clean. We do know about casinos that these are platforms which are
regulated business by the government on which they are really that getting in line in speaking about laws and prohibitions in regard about money laundering on which we know that this is really that rampant.
This is why on the moment that they've seen someone who do make out some huge deposits then they would really be locking and asking for some income or source of funds verification of a certain user.

Come to think also that it isnt really just that talking about verification but also that 2x wager requirement of said deposit. This is why as a certain person who do tend to make use casinos
to wash those tainted coins then you would really be that skeptical into this part. There's no way that you could make yourself that assure that you could get out even with that
2x deposit wager requirement.