Quote from: BlackyJacky on Today at 01:49:32 PM

Quote from: kingbj21 on Today at 02:52:39 AM

Stake’s entire operation is built on fraud:

They force illegal UPI deposits from Indian players, evading taxes and funneling money through offshore channels.

Who is the regulator for the illegal UPI deposits?

How did Stake force you to do illegal UPI deposits?

Let’s get straight to the point:

The Reserve Bank of India (RBI) and related financial authorities are responsible for regulating UPI transactions in India. Stake blatantly sidesteps these regulations by routing INR deposits through unauthorized third‐party vendors.
Stake doesn't "force" deposits in a literal sense, but its deposit system is engineered so that players have no real alternative. The official instructions are designed to push users into these illegal channels. Moreover, an unlisted video (view it here) shows exactly how the process is manipulated.

The Reality:
Stake's entire operational model—bolstered by slick ads and celebrity endorsements featuring figures like Krishnamachari Srikkanth—is a syndicate designed to funnel funds illegally, evade taxes, and move money offshore. This isn’t just theory; it's documented by user reports and corroborated by evidence from unlisted video content.

So, while you question who oversees these shady deposits, remember: Stake operates outside the boundaries of proper regulation. Their tactics are a deliberate abuse of the system, and regulators need to step in before this criminal model rakes in billions at the expense of unsuspecting Indian players.

KingBJ21