We all know the recent issue about the mixer status here in the forum. Crypto casino is also being use for money laundering by some criminals that’s why every casino has AML policy.
I’m just curious what will be the fate of crypto casino once money laundering activity from mixer will jump to casino now that mixer will not be advertised here which means it has less exposure. Is there any possibility that crypto casino will be seized by the government just like what happened to mixers in case they failed to screen the laundering activity?
For casino, most times they can be identified when criminals perform malicious activities or money laundry because of AML or kyc. Mixers made it easier for such persons to get away without being traced though that wasn't it's original purpose of creation but as we know, everything good would surely have a bad side. The government would not be able to totally cub the money laundry as it's just something that's part of all major world organizations, even them selfs. If casinos are forces to shut down because of money laundry, then it would create some issues in large organizations too. But with those kyc and AML, I doubt such thing would be happen to crypto casino.