The suit also names livestream personalities Adin Ross and George Nguyen as co-defendants. Key takeaways: Plaintiffs accuse Drake and prominent […] The post CryptoThe suit also names livestream personalities Adin Ross and George Nguyen as co-defendants. Key takeaways: Plaintiffs accuse Drake and prominent […] The post Crypto

Crypto Gambling Promotions at Center of Lawsuit Against Drake

2026/01/06 22:01

The suit also names livestream personalities Adin Ross and George Nguyen as co-defendants.

Key takeaways:

  • Plaintiffs accuse Drake and prominent streamers of promoting an allegedly illegal crypto casino in the U.S.
  • The lawsuit claims gambling promotions were funded by the casino itself to simulate high-stakes wins.
  • The case raises broader concerns about influencer accountability and crypto gambling regulation.

Filed by plaintiffs LaShawnna Ridley and Tiffany Hines, the case accuses the defendants of promoting Stake.us, an online gambling platform that allegedly operates illegally across the United States while presenting itself as a compliant “social casino.” The plaintiffs are seeking civil penalties and a court order to halt all promotional activity tied to the platform, claiming they suffered significant financial harm after being encouraged to gamble through celebrity endorsements.

At the center of the complaint is Stake.us’s dual-currency system. While the platform advertises the use of non-monetary “Gold Coins,” it also issues “Stake Cash,” which can be redeemed for cryptocurrency or digital gift cards at a one-to-one ratio with the U.S. dollar. According to the lawsuit, players who lose their Stake Cash are pushed to purchase additional Gold Coins, which are bundled with more Stake Cash, effectively recreating real-money gambling under a different label.

Alleged Livestream Manipulation and Streaming Fraud

The filing further alleges that Stake.us financed gambling livestreams using its own funds, allowing high-profile promoters to wager large sums without personal financial risk. Drake, Ross, and Nguyen are accused of staging these sessions to portray gambling as safe, legal, and lucrative, while the platform saturated social media with promotional content amplifying that message. Drake alone is alleged to have received more than $100 million annually in compensation tied to the arrangement.

READ MORE:

Ledger Breach Renews Concerns Over Customer Data Safety in Crypto

More controversially, the lawsuit claims that funds circulating through Stake.us were used for coordinated “tipping” transactions between the defendants. These transfers allegedly helped bankroll automated bot activity designed to inflate Drake’s music streams, artificially boosting visibility and skewing recommendation systems on platforms such as Spotify. The plaintiffs argue that this manipulation distorted royalty calculations and gave Drake an unfair competitive advantage.

Stake.us has rejected the allegations outright, calling the lawsuit baseless and denying the existence of any tipping feature capable of enabling the alleged misconduct. Ross has similarly dismissed the claims, echoing his response to a separate lawsuit filed in Missouri last year. Despite those denials, Ridley and Hines are pursuing $5 million in damages, arguing that Drake’s promotions contributed to gambling losses and increased addiction risks.

The controversy also touches on the broader livestreaming ecosystem. Drake hosted extended gambling streams on Kick, urging viewers to help him close out what he described as his worst gambling year and promising to share a portion of any winnings. Ross, meanwhile, severed ties with Stake.us in 2025 and moved to a rival platform, while continuing to stream on Kick due to his close relationship with its founder, Ed Craven.

Stake.us’s parent company, Easygo, has also denied all allegations, stating it intends to defend the brand against what it describes as misleading claims. As the case proceeds, it raises broader questions about influencer responsibility, the legal boundaries of crypto gambling, and the integrity of digital popularity metrics in an increasingly monetized online attention economy.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Crypto Gambling Promotions at Center of Lawsuit Against Drake appeared first on Coindoo.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

Washington Faces New Dilemma Over Venezuela’s Alleged BTC Reserves

The issue surfaced after the dramatic removal of Venezuela’s longtime leader, Nicolás Maduro, who was captured by U.S. forces and […] The post Washington Faces
Share
Coindoo2026/01/13 10:14
We’re not being as forward-looking as normal

We’re not being as forward-looking as normal

The post We’re not being as forward-looking as normal appeared on BitcoinEthereumNews.com. Bank of Canada (BoC) Governor Tiff Macklem addressed reporters’ questions, offering insights into the central bank’s monetary policy outlook. His remarks came after the BoC lowered its interest rate by 25 basis points to 2.50%, a move that markets had broadly anticipated. BoC press conference key highlights Wage growth continued to ease. The preferred core inflation measures have been around 3.0%. Underlying inflation is running around 2.5%. Consensus to cut rates was clear. Attention now shifts to how exports perform. There are still some mixed signals on inflation. The Inflation picture hasn’t changed much since January. We’re not being as forward-looking as normal. The Bank of Canada considered holding the overnight rate steady. I have more comfort looking at the upward pressure on CPI. We will be assessing the impact of government announcements on targeted support and support for big projects. Inflationary pressures look somewhat more contained. If risks tilt further we are prepared to take more action. Will take it one meeting at a time. This section below was published at 13:45 GMT to cover the Bank of Canada’s policy announcements and the initial market reaction. In line with market analysts’ expectations, the Bank of Canada (BoC) trimmed its policy rate by 25 basis points, taking it to 2.50% on Wednesday. Investors’ attention will now shift to the usual press conference by Governor Tiff Macklem at 14:30 GMT. BoC policy statement key highlights Rate cut was appropriate given the weaker economy and less upside risk to inflation. On a monthly basis, upward momentum in core inflation seen earlier this year has dissipated. Disruption linked to trade shifts will continue to add costs even as they weigh on economic uncertainties. BoC says it will continue to support economic growth while ensuring inflation remains well controlled. Ottawa’s decision to scrap tariffs…
Share
BitcoinEthereumNews2025/09/18 05:17
US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect

US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect

After months of intense negotiations involving both political parties, as well as representatives from the crypto industry and traditional banking sectors, the
Share
Bitcoinist2026/01/13 10:00