A crypto on line casino that has been branded “a terrible idea for several reasons” is reportedly paying crypto influencers $500,000 a month to put it on the market.
That’s in line with evaluation from Selvlabs founder Foobar, which claims, “Luckio is not provably fair — or provably anything.”
The crypto playing website was the subject of dialogue yesterday as many X customers weighed up whether or not $500,000 is a sum price selling a on line casino for. The determine, in line with crypto OG Cobie, is the highest finish of what Luckio is providing.
Crypto influencers Ansem, FaZe Financial institution, and Sol Jakey have seemingly taken this supply — or an analogous determine — to advertise the location, claiming that it’ll displace the playing business with its “on-chain” system.
FaZe Financial institution’s trashy promo of Luckio.
Nevertheless, Foobar claims Luckio’s on-chain claims are false, and that when assessing its code, he discovered it’s neither immutable nor verified.
“Nobody has any idea what’s being run on-chain,” he stated.
“This invalidates the entire audit, since nobody has any clue what was audited!”
General, Foobar feels that “[Luckio] are obviously planning to take your money in one way or another, and feel extremely confident in their abilities to do so if they’re making this upfront KOL investment.”
If it helps transfer any resolution making alongside I’ll put up no matter you need for 500k a month
Thanks on your consideration
— laurence (@functi0nZer0) June 19, 2025
Cobie claims the Luckio staff is identical as Rollbit, one other crypto on line casino. Foobar described Rollbit as “notorious for stealing people’s money” by locking accounts and delaying cost.
In a separate police seizure, Rollbit crypto wallets have been linked to an alleged crypto funding rip-off in Ukraine and acquired upwards of thousands and thousands of {dollars} price of crypto from people tied to the alleged scheme.