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Five US states order to cease NFTs of metaverse casino with alleged ties to Russia that claims affiliation with Flamingo

NJ, Texas, Alabama, Kentucky and Wisconsin Flamingo Casino Club's graphics. ....

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Shutting Down Crypto Casinos Like Playing Whack-A-Mole

Alabama and Texas regulators shut down a Cyprus-based company that’s been hawking NFTs. It was doing so to operate crypto casinos. ....

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Metaverse 'gambling casino' NFTs BANNED by two US states in shock crackdown

TEXAS and Alabama have halted the sales of NFTs in metaverse casinos.Securities officials from both US states cited fraud and violation of state regul ....

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Texas and Alabama halt sale of metaverse casino NFTs linked to fraudulent scheme

Unregistered securities One of Sand Vegas Casino Club's metaverse casinos. ....

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Virtual casinos in Texas, Alabama are defrauding public

Virtual casinos in the United States, maily located in Texas and Alabama, are defrauding the public as per the securities regulators in the states.

They were also reportedly selling non-fungible tokens and illegally offering unregistered securities.

According to the Texas Securities Board, in a "high-tech fraudulent securities offering" co-founders of the Sand Vegas Casino Club, Martin Schwarzberger and Finn Ruben Warnke allegedly conducted fundraisers to build virtual casinos. ....

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