Drake and Adin Ross face lawsuit over gambling casino promotion

Drake and Adin Ross are now at the center of a class action lawsuit claiming deceptively promoted cryptocurrency-powered Stake.us casino. the suit was archived by Justin Killham in the Missouri county court and points directly to how the platform was marketedaccusing the two of helping to attract younger audiences to what the filing calls illegal gambling. The claim says that Stake was operating without a license and that Drake and Ross were instrumental in attracting people through live streams and eye-catching content that blurred the line between entertainment and gambling.

Not just gold coins and games

Stake reportedly called itself a “social casino,” but the lawsuit says the setup was far from innocent. Players bought what the company called “gold coins,” which technically had no real value. At the same time, users would be able to access “Stake Cash”, a separate currency that could be used for real bets and then exchanged for US dollars.

According to the record, this was not just a clever naming trick. He claims that the entire Gold Coin system was a cover for real money gambling, with Stake Cash acting as the TRUE badge. He argues that the pricing and structure of the games were centered around Stake Cash, turning the rest of the experience into a smokescreen rather than a harmless casino simulation.

Drake’s Live Streams and the Question of Real Gambling

The lawsuit is not limited to the operation of the platform. Go deeper into how Drake and Adin Ross influenced the growth of The Stake brand, especially in the US Drake it is said having made millions from these promotions, with their live streams featuring massive bets that attracted in huge audiences. But there is a problem. The complaint suggests those staggering bets may not have come out of his own pocket.

Instead, he says the money could have been provided by Stake itself. If it is true and if this was not clearly revealedcould violate Missouri gambling laws. Ross also allegedly used his large online following to attract users to the platform while potentially gambling with the house’s money.

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More than just another celebrity crypto case

Legal observers are comparing this situation to previous lawsuits involving celebrities and failed crypto platforms, such as FTX. But there is a key difference here. The plaintiffs argue that Drake and Ross knew exactly what they were promoting and how it worked. That knowledge, if proven, could be what turns this case into something much more serious than a slap on the wrist.

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It also comes at a time when US regulators are starting to take a closer look at how cryptocurrencies combine with gambling and other high-risk online activities, especially when it comes to influencers and unregulated platforms.

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Celebrities, casinos and a closer look at the future

If this case gains momentum, it could mean real consequences for both Drake and Ross. They are accused of helping to promote an illegal gambling operation and exposing young fans to financial and emotional harm. This It could also mark a turning point in the way influencer-backed crypto platforms are seenespecially those that blur legal lines. Regulators and courts are already paying attention. This demand only increases the volume.

Where could this case go from here?

He next The steps will involve how Drake, Ross and Stake respond to the complaint. Case May Reveal How to Gamble Cash and Gold Coins were used and any behind-the-scenes agreements. Missouri can fair be the beginning. The case could determine how states regulate cryptocurrency-linked gambling and determine whether influencers are responsible for the platforms they promote.

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Key takeaways

  • Drake and Adin Ross face a class-action lawsuit in Missouri that accuses them of promoting Stake.us, a cryptocurrency-powered casino, through deceptive marketing tactics.

  • The lawsuit alleges that Stake used “gold coins” to gamble with real money and that “Stake Cash” was the actual currency redeemable for U.S. dollars.

  • Drake and Ross allegedly used livestreams and massive gambling to attract young audiences, and the complaint suggests the funds may have been provided by Stake herself.

  • Unlike previous celebrity cryptocurrency cases, the filing argues that Drake and Ross knew exactly how Stake operated, making the potential legal consequences more serious.

  • The outcome of this case could set an important precedent for influencer liability in promoting crypto-linked gambling platforms across the United States.

The post Drake and Adin Ross Face Lawsuit Over Stake Casino Promotion appeared first on 99Bitcoins.

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