Stake uses multiple third-party vendors to handle their payments, and one of these, Priyank Enterprises, was recently arrested in India, allegedly for moving thousands of crores without paying taxes. This is just one example, but Stake is believed to have many such vendors who operate similarly. They circumvent the usual tax channels and funnel money from India to Australia via Gibraltar, taking advantage of offshore structures.

This is exactly why Stake launched several mirror sites and why Stake.com has faced ISP bans in India. The scale of these operations is massive, and the lack of proper GST payments and adherence to regulations is telling. As for Eddie, there’s already an FIR against him in India. If he steps foot here, he risks prison time. Rumors suggest he might even be hiding in Cyprus to avoid these legal consequences.

While Medium Rare Limited in Cyprus might be involved, it could very well be facilitating crypto transactions. Stake's tactics are layered, using both fiat and crypto channels to bypass regulations, with each entity covering different aspects of their financial operations.

Additionally, their Kick streamers have partnered with prominent figures like J. Trump. By offering high odds on Kamala Harris, Stake could be attempting to position themselves favorably in the political landscape. High odds on a candidate can attract more bets and publicity, creating a perception that they are likely to win, which may sway public opinion or influence bettors. This strategy not only increases their betting volume but could also indirectly benefit Trump by framing the electoral competition as more favorable to his campaign.

We need to protect our children from these predators and their manipulative practices, as they seek to exploit vulnerable audiences for financial gain. The days of two RuneScape players and a chat moderator running this scheme are definitely numbered!