A 35-year-old chief executive officer (CEO) and founder of an online shopping application has been charged with fraud by the U.S. Department of Justice (DOJ) after making false claims that the shopping app was powered by artificial intelligence (AI) agents.
But in reality, the agents were not AI but call center workers from the Philippines.
The Scheme
As early as 2018, Albert Saniger introduced his AI-powered shopping app, “Nate.”
He promised a “universal” checkout experience and claimed the app could transact online without human intervention. This meant Nate users could buy from any e-commerce site.
Because of this, the startup raised more than $50 million from investors such as Coatue and Forerunner Ventures, with the most recent funding being a $38 million Series A in 2021 led by Renegade Partners.
The Revelations
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However, in 2022, technology-and-business-focused publication The Information published an exposé alleging that Nate heavily relied on human contractors.
The scenario was investigated by the DOJ, which found that Nate had acquired AI tools and hired data scientists.
But the investigation also revealed that there was no actual automation in the so-called AI shopping app, and the automation rate was “effectively 0%.” Instead, Saniger hired call center agents from the Philippines to manually complete purchases on Nate.
Moreover, DOJ wrote that Nate went bankrupt in January 2023, and the CEO was forced to sell its assets, leading investors to suffer “near total losses.” Saniger also resigned as Nate’s CEO that year, according to his LinkedIn profile.
Saniger’s case centers on defrauding investors and prospective investors by making false and misleading statements about Nate’s use of proprietary AI technology and its operational capabilities.
“As alleged, Albert Saniger misled investors by exploiting the promise and allure of AI technology to build a false narrative about innovation that never existed. This type of deception not only victimizes innocent investors, it diverts capital from legitimate startups, makes investors skeptical of real breakthroughs, and ultimately impedes the progress of AI development. This Office and our partners at the FBI will continue to pursue those who seek to harm investors by touting false innovation.”
Matthew Podolsky, Acting U.S. Attorney
If found guilty, Saniger faces one count of securities fraud, which carries a maximum sentence of 20 years in prison, and one count of wire fraud, which also carries a maximum sentence of 20 years in prison.
AI in Startups
This is not the first time a startup has claimed to fully utilize AI technology but failed to do so.
In 2023, technology-focused publication The Verge reported that Presto Automation, an AI-powered drive-thru company claiming to be “one of the largest labor automation technology providers in the industry,” was notified by the U.S. Securities and Exchange Commission.
According to a company filing, Presto Automation hired off-site human workers to complete more than 70% of orders—tasks that were supposed to be handled by AI agents.
Also similar to Nate, the human workers for Presto Automation were based in the Philippines.
As reported by The Verge, a pattern is emerging in which startups claim to use AI solutions but instead rely on contractors in countries with lower labor costs.
Donald Lim, COO of Dito CME and president of the Blockchain Council of the Philippines, emphasized the growing impact of blockchain in the country and the need to simplify it during his keynote at the PBW 2025 press launch.
The speech happened at the press launch of the upcoming Philippine Blockchain Week 2025 in Makati City last March 31, 2025.
In Focus: The Philippine Blockchain Week 2025, with a focus on blockchain, AI, and cybersecurity, was formally announced to happen from June 10-14 at the SMX Convention Center Manila.
Recent news: At the same event, actor and restaurateur Marvin Agustin also introduced FishBlock, a block-shaped fish ball with an NFT on Bayanichain,.
The following excerpt from the speech highlighted the Philippines’ growing blockchain adoption, government collaboration and the need to simplify the technology for broader acceptance. Lim also reaffirmed PBW’s role in making the country Asia’s blockchain capital through collective efforts.
Donald Lim Keynote Speech at the PBW 2025 Press Launch
Donald Lim, President of the Blockchain Council of the Philippines: To our partners, all of you who trusted and worked with us since day one. Here we go again—not the geeks in the room, but the geeks in the country.
When we started talking about blockchain, people would always ask, what the F are you doing and what the F is that word, right? And I always say, when you do Philippine Blockchain Week, it’s always no different from a Philippine nuclear physicist’s week or whatever, because the word “blockchain” alone is such a big word.
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But then we begin to realize how much blockchain, if done and implemented right, has a big positive effect on our country. We’ve seen a lot of inroads with our Philippine government and even with the Blockchain Council. My co-trustees, Chezka [Gonzales], we’ve been doing a lot of work—forums with the SEC, [and] with the Department of Budget and Management. We’re seeing many government offices trying—bits and pieces, efforts—working on blockchain.
We’re also seeing, of course, the Philippines—we take pride in being one of the biggest users of crypto trading and also gaming. And I think it’s only right that we continue pushing forward—all of us here, who are believers in web3 tech—to really, what I call, evangelize our country and also the rest of Asia. That is the kajos that we want to take upon ourselves. And when we were planning for the Philippine Blockchain Week, Janelle [Barreto] will explain later on why we had this theme. But we have to bring blockchain to something that is easy to understand for everyone. That is also the reason why we brought in our partners. Because if we all keep on talking about blockchain, maybe everyone in this room—we all understand it and how it works—but everyone outside, their life goes on with or without.
But we have to tell them that there is something better, that there is a tech that is better—the principle of decentralization, the principle of us putting the power into our hands and using a tech that is extremely powerful.
Again, all of us have to work together. Blockchain can only succeed if the government, the public sector, the private sector and the users all work together. And it’s not going to be easy, like any new technology. I still remember—of course some of you here are very young—but when the internet came, it was seen as evil also, and that was in the year 1998, 1999, 2000. But right now, with AI coming in, which would make the adoption of blockchain easier, faster—we’re talking about it coming into play already. We’re going to see how blockchain will move—and then going to move leaps and bounds in terms of adoption. Hopefully, the Philippine Blockchain Week is all about having this open discussion again.
Some countries do not like the word “blockchain” and “crypto.” Some are very open, and I think we’re very lucky that we’re in this country to be supportive of that. And, as you all know, our founding board of directors, Henry Aguda, is now secretary of the ICT also, so I’m sure you’re excited. Of course, he will be part of us.
We always like to tell people this anecdote: When we have a lot of our foreign participants who come in, they’re always astounded by the support of the government and support of the private sector—that those who are in web1 and traditional sectors are coming into the Philippine Blockchain Week. I think, again, they’re very surprised, right? Why would the government support something like this?
The Blockchain Council—again, we’re also there. We’re speaking to Congress, we’re helping them with the blockchain; we’re with the SEC, we’re helping them with the VASP [virtual asset service provider] and the CASP [crypto-asset service provider] license, among many others. Again, bits and pieces—but imagine a big puzzle worth filling each piece, one at a time. And with all of you here, with the partners here and with our friends in the media, I hope that we make this our platform. All of you are invited. We make this our platform to again really position the Philippines as the blockchain capital of Asia. I’m really confident that we can make that happen, because all of the stakeholders are all working together with that same belief. And again, it’s all of us working together—the same principle as what web3 is.
So again, I hope you have a good afternoon, and I’ll see you on PBW.
As the popularity of cryptocurrency gambling continues to surge, the UK has seen a notable rise in cryptocurrency casinos offering diverse gaming experiences, impressive bonuses, and secure transactions.
However, with the abundance of platforms to choose from, it can be difficult to decide which crypto casino is worth your time and which will fit your needs bets.
In this article, we narrowed down the selection of the best crypto casinos in the UK to 7 platforms that offer rich bonuses, a sleek and modern user experience, and an impressive selection of games.
List of the best Bitcoin casinos in the UK for 2025
JackBit – Diverse gaming options and up to 100 free spins
Flush.com – Over 1,500 games and generous ongoing promotions
7Bit Casino – Extensive slot games and 75 free spins no deposit
WSM Casino – 200% welcome bonus and exciting promotions
Cryptorino – 100% welcome bonus up to 1 BTC + weekly cashback and sports freebets
BC.Game – Huge welcome package and daily Lucky Spins
Mega Dice – Provably fair gaming with high security
The 7 best casinos for UK players
In the sections that follow, we will examine the best cryptocurrency casinos available in the UK market right now.
1. JackBit – Diverse gaming options and up to 100 free spins
JackBit is a top crypto casino, known for its comprehensive gaming portfolio, which includes slots, live casino, table games, and a sportsbook. This diversity allows players to enjoy a wide range of gambling activities under one roof. New users can take advantage of up to 100 free spins on the popular slot game “Book of Dead” with a minimum deposit of $50 using the promo code “WELCOME.” This promotion provides an excellent opportunity for players to explore the casino’s offerings and potentially win big without risking too much of their own money.
In addition to its impressive game selection, JackBit offers a seamless user experience with a well-designed website and responsive customer support. The platform supports multiple cryptocurrencies, making it easy for players to deposit and withdraw funds securely. JackBit also features regular promotions and tournaments, ensuring that there are always exciting opportunities to enhance the gaming experience. Whether you’re a fan of sports betting or prefer the thrill of live casino games, JackBit provides a versatile and engaging environment for all types of players.
2. Flush.com – Over 1,500 games and generous ongoing promotions
Flush.com stands out with its extensive library of over 1,500 games from top providers, catering to a wide array of player preferences. The platform’s game selection includes popular slots, table games, live dealer games, and specialty games. This vast collection ensures that players have access to the latest and most exciting titles in the industry. New players are greeted with a generous welcome bonus of up to 150% on their first deposit, providing a significant initial boost to their bankroll. This welcome bonus is split into two tiers, based on the deposit amount, allowing players to choose the option that best suits their needs.
Flush.com also excels in its ongoing promotions, such as the $2.3M Non-Stop Drop and the $1M Mega Wheel Madness. These promotions keep the excitement alive and offer players numerous opportunities to win big. The casino’s 10-tier VIP program is designed to reward loyal players with exclusive benefits, including free spins, cashback, and personalized support. With its user-friendly interface, robust security measures, and commitment to providing a top-notch gaming experience, Flush.com is a premier destination for Bitcoin casino enthusiasts.
3. 7Bit Casino – Extensive slot games and 75 free spins no deposit
7Bit Casino is renowned for its extensive range of slot games and attractive bonus offers, making it a popular choice among crypto gamblers not only in the UK but also in Australia and other countries. Case in point, 7Bit ranks as one of the top crypto casinos for Australian players. New players are welcomed with 75 free spins without any deposit requirement, simply by using the promo code “75BIT.” This no-deposit bonus provides an excellent opportunity for players to explore the casino and try out various games without any financial commitment. The casino’s welcome package also includes bonuses on the first four deposits, allowing players to receive up to 5 BTC and an additional 160 free spins.
The platform boasts a sleek and user-friendly interface, ensuring a seamless gaming experience across all devices. 7Bit Casino supports various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, offering secure and fast transactions. Regular promotions, such as weekly races and cashback offers, keep the excitement alive and provide players with numerous chances to boost their winnings. With its impressive game selection, generous bonuses, and commitment to player satisfaction, 7Bit Casino remains a top choice for crypto casino enthusiasts.
4. WSM Casino – 200% welcome bonus and exciting promotions
WSM Casino is a newcomer that has quickly gained traction due to its enticing promotions and user-friendly interface. This platform offers a 200% welcome bonus up to $25,000 and an additional 50 free spins plus 10 free bets. The generous welcome package provides a substantial boost for new players, making it easier to explore the wide range of games available. Players can enjoy a variety of slots, table games, and live dealer experiences, ensuring there’s something for everyone.
Additionally, WSM Casino runs several lucrative promotions, which offer ongoing rewards and incentives for frequent players. The platform also has a well-designed VIP program with multiple tiers. Each tier provides increasingly attractive benefits such as weekly cashback, free spins, and dedicated support. With its combination of impressive bonuses, a broad game selection, and a player-centric approach, WSM Casino stands out as a top choice for Bitcoin and crypto gamblers in the UK.
5. Cryptorino – 100% welcome bonus up to 1 BTC + weekly cashback and sports freebets
Cryptorino is a newer crypto casino that’s already making a name for itself in the UK scene. The platform features over 6,000 games, including slots, live dealer tables, jackpots, and a full sportsbook covering both traditional sports and esports. UK players can place bets on football, rugby, F1, tennis, MMA, and more, or explore esports markets like League of Legends, CS:GO, and Valorant. Payments are flexible, with support for Bitcoin, Ethereum, Dogecoin, and Tether, along with Visa, Mastercard, Apple Pay, Google Pay, and other fiat options.
The casino’s welcome bonus offers 100% up to 1 BTC on the first deposit, and regular users benefit from 10% weekly cashback plus a Thursday sports freebet promo that goes up to $500 based on net losses. While the bonus comes with a steep 80x wagering requirement to be completed in 7 days, the platform makes up for it with fast transactions, an intuitive interface, and no KYC required when playing with crypto. For UK players seeking a clean, crypto-optimized sportsbook and casino hybrid, Cryptorino is a worthy pick.
6. BC.Game – Huge welcome package and daily Lucky Spins
BC.Game offers one of the most generous welcome packages in the crypto casino industry, designed to attract and retain new players. New users can receive up to 470% on their first four deposits, totaling up to $1,600 plus an additional 400 spins. This substantial bonus is split into four parts, providing continuous incentives for players to keep depositing and playing. In addition to the welcome bonus, BC.Game features unique promotions such as daily Lucky Spins, where players can earn extra rewards based on their VIP level and wagering activity.
BC.Game’s platform is well-regarded for its wide variety of games, including slots, table games, and a dedicated sportsbook. The casino also offers a distinctive feature where users can earn up to 10% interest on their deposited BCD through the Vault Pro program. This innovative approach allows players to earn passive income while enjoying their favorite games. With its extensive promotional offers, diverse game selection, and innovative features, BC.Game is a standout option for Bitcoin casino enthusiasts looking for a dynamic and rewarding gaming experience.
7. Mega Dice – Provably fair gaming with high security
Mega Dice is a top-tier crypto casino known for its provably fair gaming and high-security standards, ensuring a safe and transparent gambling experience. The casino offers a robust selection of games, including dice games, slots, and live dealer games, catering to a wide range of player preferences. Mega Dice’s commitment to fairness and transparency is evident through its use of blockchain technology, which allows players to verify the fairness of each game outcome.
Mega Dice consistently offers competitive bonuses and maintains a strong reputation in the crypto gambling community. Its promo offering is headlined by the 200% bonus of up to 1 BTC, which comes with 50 free spins as well. The platform’s user-friendly design and responsive customer support make it easy for players to navigate and enjoy their gaming experience. Whether you’re a seasoned gambler or new to the world of Bitcoin casinos, Mega Dice provides a secure and enjoyable environment to try your luck and potentially win big.
Conclusion
Choosing the right crypto casino can significantly enhance your online gambling experience. The casinos included on our list each offer unique features and bonuses that cater to different player preferences. Whether you’re a high roller or a casual gamer, these platforms provide excellent opportunities to enjoy secure, entertaining, and rewarding crypto gambling in the UK.
Cryptocurrency exchange OKX has officially launched operations in the United States, introducing both its centralized exchange platform and the OKX Wallet to American users, the company announced Wednesday.
Key Details:
The move marks the firm’s formal entry into the world’s largest financial markets, with its U.S. headquarters established in San Jose, California.
The company previously settled with the US regulators for operating before getting a license to do so.
The rollout will begin in phases to ensure a smooth onboarding process, with a full nationwide launch expected later this year.
🇺🇸 Bringing a New Alternative to America 🇺🇸
We’re officially launching in the US with our centralized exchange & powerful multi-chain Web3 Wallet.
Roshan Robert will lead our expansion as US CEO, and our headquarters will be in San Jose, California.
Roshan Robert, newly appointed CEO of OKX US, said the expansion will provide American users with access to OKX’s trading platform.
Apart from support for major cryptocurrencies like BTC, ETH, USDT, and USDC, there will be local bank account integrations for fiat on and off-ramps as well.
The launch includes the migration of existing OKCoin customers to the OKX platform.
The OKX Wallet, also now available in the U.S., supports over 130 blockchains and includes features such as decentralized exchange (DEX) aggregation, cross-chain bridging, and dApp access across DeFi, NFTs, gaming, and social applications. The wallet also integrates AI-powered navigation for token discovery and portfolio management.
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Robert said OKX’s expansion to the U.S. is a commitment to responsible growth:
“As regulations evolve, OKX is working closely with US regulators and policymakers to ensure we operate transparently and compliantly. We’ve built a comprehensive, risk-based global compliance program that includes enhanced due diligence, a robust KYC process, customer risk rating systems, advanced fraud detection, AML tools, geo-blocking, and market surveillance technologies. These are all part of our commitment to a secure, compliant trading environment.”
Previously, OKX announced a partnership with Standard Chartered to launch a joint collateral mirroring program that will allow clients to utilize crypto as off-exchange collateral for trading.
OKX also previously launched its 29th Proof-of-Reserves report which confirmed $24.6 billion in assets in the company’s custody.
A shift to neutrality in Binance’s Taker Buy Sell Ratio suggests a positive outlook for Bitcoin.
Bitcoin trades at $84,904.51, with a market cap of $1.68T, eyeing a $85K breakout.
The Bitcoin marketplace demonstrates positive market indicators. The Binance Taker Buy Sell Ratio indicates market sentiment stability since both buying and selling pressures are equal. DarkFost from CryptoQuant shows that the market shift indicates rising bullish momentum. The current Bitcoin trading value stands at $84,904.51 and shows a 0.07% drop from yesterday, with a market capitalization reaching $1.68 trillion.
The Binance exchange shows no difference between buying and selling pressure at this moment based on its neutral ratio. Bitcoin traders are focused on recent market developments because they predict Bitcoin will surpass $85,000. Today at 11:30 AM ET Federal Reserve Chair Jerome Powell will provide his address about current inflation statistics and market projections. Market experts predict Powell will give clues about an upcoming interest rate cut which will shape crypto market behavior.
The level of market participant aggressiveness between those who purchase and sell is determined by the Binance Taker purchase Sell Ratio. Market sentiment currently shows neutrality according to CryptoQuant because both buying and selling activities are equally strong. Price changes in the market tend to be substantial after market equilibrium periods end. The market displayed a neutral reading because Bitcoin bulls became increasingly confident, according to DarkFost.
The existing connection between Bitcoin market value and price persisted throughout its historical development. A market shows upward growth when buyers create greater pressure to purchase than sellers do to sell. The market lacks dominance by buyers or sellers because it has experienced selling pressure, thus indicating that bear market participants are weakening. Market traders wait to observe whether this situation leads to sustained price elevation.
Powell’s Speech and Market Implications
The upcoming address from Jerome Powell draws attention from both financial markets and cryptocurrency markets. Jerome Powell will give his speech concerning inflation and economic projections today at 11:30 AM ET. The market expects that an interest rate decrease will boost the attractiveness of Bitcoin and comparable speculative assets.
The Federal Reserve’s reduction of interest rates leads to U.S. dollar depreciation, which causes investors to select Bitcoin as their alternative value storage. Since Bitcoin has shown recent signs of market recovery, the market sentiment will probably grow stronger after Powell takes a dovish stance. The market tends to become less bullish whenever Powell makes hawkish statements unexpectedly.
Additional increases in purchasing activity might allow Bitcoin to overcome resistance at $85,000. Supporters of Bitcoin consider this numerical threshold psychologically important.
The purpose of Powell’s speech is to cause market fluctuations.. When monetary policy signals loosen, the market views it as an opening to purchase cryptocurrencies. When market rates remain high, sentiment throughout the market tends to decrease.
Bitcoin’s Bullish Breakout: A Look at the Market and the Momentum
Bitcoin has skyrocketed to a new all-time high of $98,907.40, marking an extraordinary moment in its history. With the Fear & Greed Index hitting a staggering 94 (Extreme Greed), the crypto market is riding a wave of unshakable optimism. This surge is not just about numbers on a screen; it’s a reflection of growing adoption, shifting perceptions, and a confluence of global events that are positioning Bitcoin as a cornerstone of the modern financial system.
Bitcoin at a New All-Time High
Bitcoin’s record-breaking performance is driven by a combination of investor confidence, institutional interest, and anticipation of a more crypto-friendly environment following the recent U.S. presidential election. With Bitcoin’s market cap nearing $2 trillion, this rally isn’t just about short-term speculation. It’s a signal that Bitcoin is moving closer to the mainstream as a trusted store of value and a hedge against traditional market uncertainties.
Market Sentiment: Fear & Greed Index Hits 94
The Fear & Greed Index, a popular barometer of market sentiment, surged to an astounding 94, reflecting Extreme Greed. This sharp uptick shows the exuberance in the market as investors pile in, hoping to ride the bullish wave. While optimism abounds, it’s important to approach this phase with caution, as extreme greed levels often precede corrections. Staying informed and managing risks effectively is vital during such dynamic market conditions.
The Election’s Impact on Bitcoin
The 2024 U.S. presidential election has brought new energy and speculation to the crypto sector. A potentially more crypto-friendly administration could herald regulatory clarity and foster growth across the industry.
Pro-Crypto Policies on the Horizon
Key political developments include discussions about replacing SEC Chair Gary Gensler, a move that many in the crypto space view as a step toward fairer and clearer regulations. Dan Gallagher, a potential contender for the role, is widely regarded as a pro-crypto advocate whose leadership could spur innovation and reduce regulatory roadblocks.
The Concept of a Strategic Bitcoin Reserve
One intriguing possibility is the idea of a U.S. strategic Bitcoin reserve. Transforming seized Bitcoin holdings into a national asset would send a strong message of trust in digital currencies. Such a move could catalyze global adoption and inspire other nations to follow suit, further solidifying Bitcoin’s role as a financial powerhouse.
Pro-Crypto Majority in Congress
With 271 pro-crypto representatives in the House and 19 in the Senate, the legislative environment is shifting toward a more blockchain-positive outlook. These developments signal the potential for faster and more favorable regulations, fueling optimism within the crypto community.
How Trezor Can Help You Navigate the Market
In these exciting times, safeguarding your crypto investments is paramount. As Bitcoin reaches new heights, the need for security grows. Trezor hardware wallets provide unmatched protection by keeping your private keys offline and under your full control. Whether you’re trading or holding for the long term, Trezor ensures your journey remains secure.
What’s New in Trezor Suite?
Trezor Suite is evolving to make crypto management simpler and safer. The latest addition — crypto purchases through Revolut — makes it easier than ever to buy Bitcoin directly within the app. This seamless integration ensures that transactions remain secure while giving you full control of your assets.
Looking Ahead
Bitcoin’s journey to an all-time high is more than just a financial milestone; it’s a testament to its resilience and growing significance in the global economy. As we move into this new era of possibility, staying informed and choosing the right tools will ensure you navigate the market with confidence. Trezor is here to support you every step of the way, providing the security and peace of mind you need to participate in this thrilling chapter of Bitcoin’s evolution.
Secure Your Financial Freedom with Trezor
Bitcoin is rewriting the rules of finance, and Trezor is your trusted partner in this revolution. Whether you’re trading, investing, or holding for the future, now is the time to ensure your crypto assets are as secure as they are promising. Explore the Trezor ecosystem today and take charge of your financial freedom as Bitcoin continues to soar.
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A top 20 cryptocurrency, Mantra ($OM), saw its price collapse by over 90% in just 24 hours which wiped out $4.5 billion in market value and triggered a wave of forced liquidations. The crash triggered widespread speculation about potential market manipulation and insider involvement.
To address the controversy, Coffeezilla, a popular crypto investigator, interviewed Mantra CEO JP Mullin in an explosive discussion that offered new insight—but also raised more questions.
Coffeezilla Interviews Mantra CEO
A 90% Crash Overnight
“Yesterday a top 20 token called Mantra or OM crashed 90%, leading me to search for answers,” Coffeezilla opened in his video. He collaborated with blockchain investigator ZachXBT to uncover what caused one of the biggest single-day token collapses in recent history.
Mullin was quick to frame the incident as a cascade of liquidations. “Effectively what we were able to discern was that overnight tokens that had been used as collateral… had been forced closed and liquidated causing this massive selloff,” he said.
Did the Team Dump or Get Liquidated?
One of the most pressing questions was whether the team themselves sold or were liquidated. Mullin stated: “We have published a transparency report… The team tokens are all long vested and have not moved… We did not sell a single OM… The team also did not get liquidated.”
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However, he confirmed OTC (over-the-counter) sales by the Mantra Association to fund operations: “We have had OTC transactions for the Mantra Association itself to fund business operations… I’d say between 25 to 30 million USD.”
OTC Deals and Price Support
Coffeezilla pressed Mullin on whether Mantra used OTC proceeds to prop up the token’s price: “You’re saying you’ve never heard of the guy [Mr. P]… but this guy right before this huge dump is laying out a plan which doesn’t seem too dissimilar from what may have been happening.”
Mullin admitted to a type of buyback loop:
“What you’re talking about… you sell tokens to somebody else… and then you’re taking the money that you get and you’re reinjecting it back into the token. That is exactly correct.”
Coffeezilla challenged him: “That’s pumping the price, yes or no?”
Mullin eventually conceded, “Sure, yes.”
Still, he was careful to frame these moves as market support rather than manipulation: “We’ve never put in levels or supports or anything like this. It’s more just a discretionary—this is going to be used to enter the market over the next, you know, you do a TWAP over 30 days.”
Who Was Liquidated?
Despite the scale of the liquidation, Mullin said the team still didn’t know who was behind it: “We think it was a group of people… We’ve been in contact with our institutional partners to try to figure out what’s going on, but we don’t know who was liquidated.”
He did, however, acknowledge that certain individuals had positions big enough to cause such an event: “I think it was in the size of hundreds of millions of dollars.”
Mr. P and Shadowy Market Making
A large chunk of the interview was spent discussing a mysterious figure known as “Mr. P,” who claimed to be a market maker and had been offering discounted OM tokens OTC days before the crash. Mullin denied any association: “We don’t—we’ve never heard of that name before.”
Coffeezilla pointed out the similarity between Mr. P’s strategy and Mantra’s own approach: selling tokens OTC and using the proceeds to support the price. Mullin admitted to the similarity but rejected the comparison: “There was no selling. You’re just buying. That’s correct.”
What’s Next for Mantra?
When asked what happens when these discounted OTC tokens unlock, Mullin responded: “We’ll continue to build out the ecosystem… and support as much as we can so that people have a reason to stake, hold it, and continue to see it as an asset.”
Still, Coffeezilla concluded that what was happening at Mantra was far from normal: “They were using OTC deals to support the price, which to me feels like kind of maybe how we got here.”
Playing at online casinos and gambling with cryptocurrencies has become hugely popular in recent years. However, many players are wary of sharing personal information due to increasing KYC/AML regulations. If you want to gamble anonymously without verifying your identity, crypto casinos that don’t require KYC are the way to go.
In this in-depth guide, we’ll explore the best anonymous crypto-gambling sites in 2025. All of these casinos let you play without submitting documents like ID, proof-of-address, or bank statements. We’ll give a thorough overview of each platform, including game selection, bonuses, payment options, and more. By the end, you’ll know which no-KYC casinos are perfect for your anonymous gambling needs.
The best anonymous casinos in 2025:
Betpanda – Modern crypto casino with no KYC requirements
7Bit Casino – Top-rated no-KYC casino featuring Bitcoin and altcoins
Cryptorino – 6,000+ games, no forced KYC, up to $500 in free sports bets every week
WSM Casino – All-in-one crypto sportsbook and casino with no ID verification
BC.Game – Popular no-KYC Bitcoin casino with over 3,000 games
Playbet.io – New no-KYC crypto casino boasting massive bonuses and large game selection
JustBit – No-frills crypto casino delivering on the fundamentals without KYC
Bitcasino – Veteran anonymous crypto casino known for big jackpots and Bitcoin sports betting
Bitstarz – Established crypto casino famous for its generous rewards program
What to consider in a no-KYC crypto casino
When choosing an anonymous online casino, there are a few important factors to keep in mind:
Game selection – Ensure your chosen casino offers your favorite casino games without any limitations due to anonymity. Sites with a big game library maximize your playing options.
Bonuses and rewards – No-KYC casinos still offer engaging welcome packages and loyalty programs. Check the bonus terms to see their value.
Supported cryptos – Anonymity works best with privacy-centric coins like Monero.
Reputation – An anonymous casino needs a solid track record of safe, fair, and quick financial services. Read verified player reviews.
Security – SSL encryption and proper licensing reassure users that funds and personal data remain fully protected.
9 top no-KYC crypto casinos to gamble anonymously in 2025
Now, let’s explore the top no-KYC crypto casinos for anonymous gambling in 2025. For each entry, we’ve included a description and briefly outlined the pros and cons.
1. Betpanda – Modern crypto casino with no KYC requirements
Betpanda is a relatively new cryptocurrency casino that offers a great belnd of exciting casino games, sports betting options, and an attractive promotional program that rewards both new players and returning ones.
The site boats a very low minimum deposit limit of just 10 cents, which means that virtually anyone is capable of depositing and using the casino. On top of that, Betpanda users can look forward to a 10% cashback when playing their favorite games (with 5% extra reserved for select titles).
The casino features more than 6,000 games from some of the leading providers in the casino space, which is definetly a nice pro, however, we would have liked to see a more extended support of cryptos, and support for fiat deposits would also be welcome. But the support for fiat clashes with the KYC requirements, which means that most users who don’t want to share their personal information would not use fiat methods in any case, so it’s hard to criticize the casino for their decision.
Pros
Over 6,000 games from leading providers
Supports betting on all major sports events
Modern and sleek user interface
Cons
Somewhat lackluster Welcome Bonus compared to competitors
Limited support for different cryptos
2. 7Bit Casino – Established favorite for its generous promotions
Another top choice is 7Bit Casino. Here you can play over 800 games from 30+ providers like NetEnt, Microgaming, and Play’n Go.
7Bit offers a 100% four-part welcome bonus as well as 250 no-wagering free spins just for signing up. On top of that, you don’t even need to deposit to claim 75 spins as an additional no-deposit gift. Other perks include daily 25 free spins, a jackpot of 25 BTC, and anonymous ETH transactions.
7Bit is well designed with seamless experiences across desktop and mobile. You can indulge your passion for slots, table classics or live dealer options and claim generous bonuses anonymously with no identity check. Don’t forget to take advantage of the free 75 spins on registration!
Pros:
Great bonuses
Huge game selection
Fast withdrawals
Cons:
Must submit basic details to access full site features
Restriction for some certain locations
Withdrawal requests limits
3. Cryptorino – Anonymous crypto gambling with sports freebets and 6,000+ games
Cryptorino is a privacy-friendly crypto casino that lets you gamble without submitting any personal documents, as long as you stick to cryptocurrency payments. With over 6,000 games — including slots, jackpots, live casino, and table games — it offers one of the most comprehensive gaming libraries among no-KYC platforms. It also features a full sportsbook and esports betting section, covering markets in football, MMA, Dota 2, Valorant, and more. Cryptorino supports a broad range of coins such as BTC, ETH, DOGE, SHIB, LTC, and stablecoins like USDT, alongside fiat payments (though KYC-free gameplay applies only to crypto).
The casino’s 100% welcome bonus up to 1 BTC is paired with 10% weekly cashback and a freebet system that grants up to $500 every Thursday based on sports betting losses. These promotions are strong incentives, though the 80x wagering requirement with a 7-day limit on the bonus may be too steep for casual players. Still, for gamblers seeking a large game selection, regular promos, and fast anonymous play, Cryptorino is a solid new entry in the no-KYC gambling space.
Pros:
6,000+ games across slots, live casino, and table games
Integrated sportsbook and esports betting
No ID verification required for crypto play
Weekly 10% cashback and up to $500 in free sports bets
Wide crypto support, including DOGE, SHIB, and USDT
Cons:
High 80x wagering on welcome bonus
Bonus must be completed within 7 days
No mobile app
4. WSM Casino – New upstart gunning for the crypto gambling crown
For crypto sports betting fans, WSM Casino is an excellent anonymous option. It provides odds on eSports, traditional sports, and even reality TV outcomes. You’ll find coverage of Premier League, NBA, Dota 2, League of Legends and more.
As reviewed on CoinCheckup, WSM’s welcome offer gives a 200% match on deposits up to $12,500 or equivalent in crypto. On registration, claim 50 no-wagering spins plus 10 free bets to use on available markets.
For high rollers, the VIP program dishes out personal account managers, exclusive events, and a cashback of up to 20% weekly based on wagering. WSM is a Bitcoin sportsbook that takes online betting to the next level anonymously.
Pros:
Fun environment
Generous sign-up deals
24/7 live customer support
Cons:
Smaller game provider selection compared to competitors
No dedicated mobile apps
There is no VIP program
5. BC.Game – One of the original crypto-only casinos
BC.Game is one of the most established crypto casinos worldwide with no need for documents. Launched in 2017, it offers a huge 360% four-part welcome package along with numerous daily spin and task bonuses. BC.Game accepts over 25 cryptocurrencies while keeping transactions fully private.
Besides the 360% first deposit offer, new players get 100 free spins as part of the welcome gift. Existing users can grab 30 daily free spins just for logging in each day. BC.Game provides truly anonymous crypto gambling without compromising on games, features, or bonuses.
Pros:
Huge welcome package
24/7 support via live chat and email
Jackpots, live dealer tables, video poker, and 3000+ slot games
Cons:
The interface feels a bit outdated
Bonuses have high wagering requirements
6. Playbet.io – Sleek interface attracting live dealer enthusiasts
Established players will love the welcoming offers at Playbet.io. It provides a tempting 130% matched bonus across four deposits worth up to 4 BTC total.
Additionally, Playbet gives 800 no-wager spins across all four sign-up gifts. Cryptocurrency transactions proceed smoothly with maincoins like Bitcoin, Dogecoin, and Ethereum.
In terms of games, Playbet stands out with 4000+ slots, jackpots, table games, and live casinos. You can spin reels on the go using their optimized mobile site too. Playbet offers generous bonuses to kickstart anonymous crypto gambling.
Pros:
Huge welcome package for high-stakes players
Epic free spins offer
Great VIP experience
Cons:
The interface feels a bit dated
No mobile applications
Limited customer support
7. JustBit – High roller site with good bonuses but limited games
With multiple positive reviews to its name, JustBit provides a 100% three-part welcome offer worth $750 total. Aside from the signup bonus, you’ll receive 75 free spins with no wagering obligations.
This anonymous crypto casino trades only in cryptocurrencies like Bitcoin, Ethereum, and Tether. Over 2000 games span slots from NetEnt, Play’n Go, and Betsoft. JustBit ensures fast BTC withdrawals and a modern interface. Give it a try without worries about mandatory ID verification.
Pros:
Friendly vibe
Generous no-brainer bonuses for new players
Mobile apps available
Users can buy crypto on the website
Cons:
Game selection is not as extensive as larger competitors
Lack of user navigation
8. Bitcasino – Long-running crypto casino best known for the generous first deposit bonus
As a top-rated no-KYC crypto casino, Bitcasino offers a generous 100% matched bonus of up to $1,500 on the first deposit.
This invite-only gaming platform accepts Bitcoin and supports anonymous transactions. Access to 3000+ top-tier slots, jackpots, and table games from leading providers. Bitcasino also runs exclusive tournaments where you can compete to win huge Bitcoin prizes.
Pros:
Established brand
Excellent security and safety track record
7/24 Live chat customer support
Mobile app for Android users
Cons:
Welcome bonus structure could be more competitive
Limited poker games
Limited deposit options
9. Bitstarz – Long-running favorite for its lively casino atmosphere
Established in 2014, Bitstarz was one of the pioneering crypto casinos. Even today, it remains massively popular due to a massive 125% first deposit matched up to 5 BTC.
As per CoinCheckup, Bitstarz gives 190 no-wager spins on second, third, and fourth deposits too. For joining, receive 30 additional free spins with zero playthrough requirements.
The site boasts 4000+ slots, board games, jackpots, and live casinos from leading developers. Deposit and withdrawal are fast using Bitcoin, Ethereum, or fiat. Bitstarz remains unparalleled for massive bonuses without submitting personal details.
Pros:
Established brand
Very generous sign-up bonuses
Quick response on live chat
Cons:
Only accepts 7 cryptocurrencies for deposits/withdrawals
Limited game selection
The bottom line
These crypto casinos provide anonymous gambling experiences seamlessly without identity checks. Choose one based on your location, preferred games, and signup bonuses to start crypto gambling privately today. For more information, you can check the best crypto casinos with generous no deposit bonuses for slots, including 7Bit Casino, Flush Casino, and more top-rated sites.
Following its recent initiatives, global crypto platform Bitget recently launched another innovation. The firm unveiled Bitget Onchain, a new platform that merges the benefits of centralized (CEX) and decentralized exchanges (DEX).
What does Bitget Onchain do?
According to the media release, Bitget Onchain allows users with a spot account holding USDT or USDC to perform on-chain asset transactions directly within the Bitget app.
Bitget highlighted that the integration provides an exchange-level trading experience without the usual complexity, making on-chain transactions easier for new traders.
Initially, the platform will support Solana, BNB Smart Chain (BSC), and Base, with an initial selection of tokens, including RFC, KTA, and 30 others. The remaining tokens were not specified in the release.
“On-chain trading has long been riddled by complex set-ups, requiring users to navigate unfriendly interfaces and expose themselves to risks. Bitget Onchain was created to lower the barrier to entry, by providing a seamless and secure trading experience.”
Gracy Chen, CEO, Bitget
Chen also emphasized that it is designed to close the gap between centralized and decentralized trading, “making Web3 more accessible to all.”
Security Features
The firm emphasized that Bitget Onchain prioritizes security by implementing centralized exchange-level protection for on-chain trading. It also offers real-time access to a wide range of on-chain assets, including early-stage tokens, and provides regular updates.
In addition, Bitget Onchain was noted to use AI-driven smart screening to filter on-chain assets in real time, helping users reduce risk and make more strategic, data-informed investment decisions.
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In its press release, Bitget stressed that it has consistently incorporated AI to boost trading accuracy, security and user experience.
Its AI features include trading bots, risk management tools, market trend analytics, and copy trading.
Accordingly, the firm noted that with Bitget Onchain, AI-driven smart screening further enhances asset selection and trading efficiency.
What are On-chain Transactions?
On-chain transactions occur directly on the blockchain. They offer high security, transparency and immutability by being recorded through consensus mechanisms like proof of work or proof of stake. These transactions are trustless and eliminate intermediaries but can be slower and more expensive due to scalability limitations.
Off-chain transactions, on the other hand, happen outside the main blockchain, offering faster and more cost-efficient alternatives. However, they may introduce additional complexity and potential security risks.
Recent Bitget Platform and Initiative Updates
Recently, Bitget expressed plans to expand its PayFi initiative across key tourist destinations in the Philippines, starting with Palawan, La Union, Dumaguete and Boracay, following the successful launch in Siargao, where some local businesses began accepting crypto payments.
In a statement, Bitget’s Chief Legal Officer Hon Ng affirmed the company’s commitment to regulatory compliance, revealing that Bitget now holds more than eight licenses across key markets and is actively seeking more.
In March, Bitget Wallet launched a $1 million BGB on-chain staking pool with a fixed 5% APY, aimed at boosting BGB’s role in decentralized finance by offering users a secure, self-custodial way to earn passive income.
PRESS RELEASE | Apr 11th, Panama – Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, “Damen“(大门, meaning “The Gate“). Under the theme “12 Years, One Gate, One World”, Gate.io reflects on its journey of growth and transformation, while embracing a bold new vision for the future, showcasing its ambition to build a more open, diverse, and innovative Web3 ecosystem for users worldwide.
This is a press release submitted to BitPinas.
12 Years of Innovation: Establishing Prestigious Global Leadership
Since its inception in 2013, Gate.io has emerged as a blockchain innovation powerhouse, offering reliable and versatile digital asset trading services. Today, Gate.io has grown into a top global leading crypto exchange, serving over 22 million users globally, consistently ranking among the top three exchanges by liquidity and ranking top 2 in 24-hour spot trading volume. The platform supports over 3,800 cryptocurrencies across spot trading, futures, leverage, and other financial products, offering a wide range of investment opportunities.
Among the keystones cementing Gate.io’s dominance in crypto space, GateToken (GT), Gate.io’s native platform token, has been a cornerstone of its ecosystem since the launch of GateChain’s mainnet in 2019. GT reached an all-time high of $25.960, with a total market capitalization surpassing $2.94 billion, propelling its market rank into the global Top 40.
Moreover, Gate.io’s established crypto financial ecosystem has also played a crucial role in driving industry transparency. As the first mainstream exchange to commit to 100% proof of reserves, it partnered with U.S. audit firm Armanino LLP, leveraging the Merkle Tree open-source framework for regular asset reserve disclosures. As of January 17, 2025, Gate.io’s total reserves exceeded $10 billion, ranking fourth globally, with an above-average reserve ratio of 128.58%, ensuring verifiability and security for user assets.
Cross-Industry Partnerships: Expanding Web3’s Global Influence
Gate.io is actively fostering cross-industry partnerships to elevate the crypto industry’s global reach. In 2024, Gate.io partnered with FC Internazionale Milano, or Inter, marking a new era of integration between crypto and traditional sports. As the Official Sleeve Partner for Inter, Gate.io’s brand images have been prominently featured at San Siro Stadium, Serie A, and UEFA Champions League matches. Through VIP events and joint activities, Gate.io is bringing crypto closer to football enthusiasts, building a global fan community, and exploring new possibilities for sports and digital assets.
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In the first quarter of 2025, Gate.io announced a landmark sponsorship deal with Oracle Red Bull Racing in Formula 1, becoming the team’s exclusive cryptocurrency exchange partner. As an eight-time F1 world champion, Oracle Red Bull Racing is synonymous with excellence and speed, a vision that aligns with Gate.io’s cutting-edge innovation in digital finance. This partnership is a strategic milestone, accelerating blockchain adoption and expanding Web3 solutions to a broader global audience.
Strategic Brand Upgrade: Embracing A New Identity for the Future
Over the past 12 years, Gate.io has witnessed the rapid evolution of the crypto industry and proactively adapted to market shifts. From a Bitcoin trading platform to a comprehensive blockchain ecosystem, Gate.io is now embracing its next evolution with the introduction of the new Chinese Name “Damen“(meaning “The Gate”). The new brand identity symbolizes openness, fairness, and innovation, reflecting Gate.io’s commitment to bridging the global crypto economy with cutting-edge technology and trusted financial infrastructure.
More than just a name change, this brand evolution marks a strategic upgrade—shifting from a traditional exchange to a fully integrated Web3 ecosystem. Under this new vision, Gate.io is focused on enhancing user experience, driving technological innovation, and expanding decentralized finance solutions, making blockchain technology more accessible, secure, and intuitive for users worldwide.
Commemorating 12 Years with Exclusive Events in Dubai
To celebrate this milestone, Gate.io will host a series of flagship events in Dubai on April 29-30, 2025, to join hands with global users and industry partners. The 12th Anniversary Celebration is expected to attract over a thousand top global investors, blockchain entrepreneurs, project teams, and industry leaders, joining Gate.io in celebrating this significant occasion. Adding to the festivities, SPORT3 DUBAI 2025 will introduce a unique blend of sports and blockchain, creating a dynamic and engaging atmosphere for industry professionals to connect. Through this initiative, Gate.io aims to foster cross-industry collaboration, encourage meaningful dialogue, and drive innovation in blockchain-powered sports applications.
Twelve years of trust, growth, and groundbreaking innovation have brought Gate.io to this defining moment. From the “Gateway to Crypto” over a decade ago to pioneering the next chapter of blockchain evolution, the platform remains committed to its mission. Standing at the crossroads of a new era, Gate.io embraces its new transformation, not just a rebrand, but as a renewed commitment to empowering users, advancing technology, and shaping the future of the blockchain ecosystem. As Gate.io unveils its next chapter, it continues to open the gateway to crypto for global users, bridging today’s world with the boundless possibilities of the crypto future.
Disclaimer:
The content herein does not constitute any offer, solicitation, or recommendation. Please note that virtual assets may depreciate in value fully or partially, and are susceptible to significant fluctuations. You should always seek independent professional advice before making any investment decisions. Please note Gate.io is not licensed or regulated by the Virtual Asset Regulatory Authority (VARA) and hence not permitted to conduct virtual asset related activities in/from Dubai. The products and/or services mentioned herein are only available to persons outside Dubai. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.
