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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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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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State securities regulators order virtual casino firm to stop selling NFTs

By Chris Prentice WASHINGTON (Reuters) -Securities regulators in the U.S. states of Texas and Alabama on Wednesday ordered an online casino developer to ....

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Texas Regulator Targets Metaverse Casino NFTs

Texas Regulator Targets Metaverse Casino NFTs
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