Securities agents in five states have turned of the lights at an NFT casino
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Securities agents in five states have ordered the closure of an NFT casino. The Flamingo Casino Club is accused of offering NFS to those who buy them. Investigators traced the operation to Moscow. It would be in violation of sanctions imposed by the US government. It also violates the terms of the NTS.
Securities agents in five states shut down Flamingo Casino Club. The website is no longer available online. It's not the first NFT Casino Investment Scam. Sand Vegas Casino was also shuttered by securities regulators in Texas and Alabama. in those two states, NFS were sold as a vehicle for investors to share in future profits of the purported casino operation.
Securities agents in five states have turned off the lights at an NFT casino. The website was pulled almost as soon as the cease and desist orders were issued. It's not possible to determine the exact time the site went down as its host, an employee-owned company in Lithuania, doesn't report analytics on its $2.99 per month website hosting service.
Securities agents in five states have turned off the lights at Flamingo Casino Club. The investigation began after a deluge of press releases about the property on March 22. IP address for operator's mobile devices and desktop computer were registered in Moscow. “Investors have to chase those ghosts to try to recover. And they're not going to be able to do that if the money is going back to Moscow”
