A crypto casino branded with “a terrible idea for several reasons” is to pay $500,000 a month to promote it.
It claims that “Luckio is not proven – or anything evident,” according to an analysis by Foobar, Selvlabs founder.
The Crypto Gambling site was the topic of discussion yesterday. This is because many X users weighed the $500,000 worth advertising the casino. According to Crypto OG Cobie, this person is the top end of what Rackio has to offer.
Cryptofluencers Ansem, Faze Bank, and Sol Jakey now appear to employ this offer or similar numbers to promote their sites. Move through the gambling industry It has that “on-chain” system.
A clumsy promotion for Luckio at Faze Bank.
Read more: Defensive Memo Coin Influencer La Vape Cabal following “Libragate”
However, Foobar claims that Luckio’s on-chain claims are false, and when he evaluates the code, he finds it has not been immutable or verified.
“No one is thinking about what’s running through the chains,” he said.
Foobar also states that Luckio’s code auditing is “Giant red flagThis is because instead of publishing it on GitHub like “99%” code auditing, it uses a private email system.
He said: “The Luckio team doesn’t seem to know or care about using best practices from decades ago.
“This disables the entire audit because no one has what’s been audited!”
Overall, Foobar feels, “(Luckio) is clearly planning to take your money in some way and if they are making this upfront KOL investment, I feel very confident in their abilities.”
Read more: Crypto Gambling Live Streams Are Banned from Twitch After $200k Scam
Cobie claims the Rackio team is the same as Rollbit, another Crypto casino. Foobar described Rollbit as “notorious for stealing people’s money” by locking accounts and delaying payments.
In another police seize, Rollbit’s crypto wallet has been linked to alleged crypto investment fraud in Ukraine and received Over millions of dollars The value of codes from individuals tied to a scheme of suspicion.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
