logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Live

Rapper Drake Faces RICO Lawsuit for Promoting and Using Crypto Casino Stake

By Decrypt
Jan 6, 2026
3.9 
★
★
★
★
★
★
★
★
★
★
 189 User Rating
Share

Pop culture icon and rapper Drake is at the center of a new class action lawsuit filed in the U.S. District Court for the Eastern District of Virginia, which alleges he used the tipping feature on the crypto casino website Stake to obfuscate money transmissions related to streaming music botting campaigns.  

The class action suit, filed on December 31, 2025, also names popular streamer Adin Ross and George Nguyen—an Australian national who allegedly facilitated botting activities—alleging RICO violations on all named defendants for actions which violate the Racketeer Influence and Corrupt Organizations Act, which is typically used in organized crime cases. 

The class-action filed by Stake.us users LaShawnna Ridley and Tiffany Hines seeks to represent all Virginia residents that created an account on Stake.us—a “social casino” offered by the Stake parent company to those in the United States, where its core offerings are not legal.

It also aims to represent any U.S. residents who made an account and purchased casino tokens called Gold Coins that were bundled with Stake Cash—which can be redeemed for crypto—and those who lost wagers with Stake Cash in the last three years. 

“Stake.us was created and marketed to U.S. customers as a ‘social casino’ that purportedly does not permit ‘real money gambling,’ to bypass applicable United States federal and Commonwealth of Virginia gambling regulations,” it claims. 

Crypto Stocks Jump as Bitcoin, Ethereum and XRP Hit Multi-Week Highs

“Attempting unsuccessfully to hide behind the facade of a ‘safe and free gambling experience,’ Stake.us misrepresents itself to regulators and consumers; in reality, it operates as an illegal online casino,” the filing adds.

Alleged in the complaint, Drake and Ross—who are paid to promote the casino—wagered large sums of money provided by Stake on the platform and, in connection with Nguyen, transferred money between themselves via the platform’s tipping feature. The filing calls that feature an “unlimited and wholly unregulated money transmitter that appears to exist outside the oversight of any financial regulator.”

They also used this feature to finance botting measures that have inflated the play statistics of Drake’s music across streaming platforms, the complaint alleges. 

The named plaintiffs, on behalf of the class, requested no less than $5,000,000 in damages and demanded a jury trial. 

Drake, Adin Ross Sued Over 'Deeply Fraudulent' Promotion of Crypto Casino Stake

“Stake.us preys on consumers in Virginia and nationwide who are lured into real money gambling, exposing consumers to substantial risks of gambling addictions and jeopardizing their and their families’ financial well-being.”

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
  • White House Admits Federal Bitcoin Fund is Still Delayed

    White House Admits Federal Bitcoin Fund is Still Delayed

    The establishment of the Strategic Bitcoin Reserve has run into severe internal friction regarding which cabinet-level agency holds authority over the asset.
    Martha Grizzard
    Jul 7, 2026
  • Senate Test for Clarity Act Could Spark Crypto Market Volatility

    Senate Test for Clarity Act Could Spark Crypto Market Volatility

    As the U.S. Senate approaches a critical vote on the Digital Asset Market Clarity Act, investment bank Jefferies has cautioned investors that the legislative process will likely trigger heightened volatility across crypto markets.
    Jerry McNeill
    Jul 1, 2026
  • SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI Holdings has solidified its domestic dominance by agreeing to acquire all shares of Bitbank in a transaction valued at ¥46.7 billion ($289 million), according to the company’s official disclosure.
    Cornell Rachel
    Jun 29, 2026
  • Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco Files for Tokenized Fund to Back Stablecoin Reserves

    Invesco has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch the Invesco Stablecoin Reserves Onchain Fund, a new vehicle designed to offer stablecoin issuers a compliant way to manage their collateral.
    Martha Grizzard
    Jun 26, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Cash Cat
Cash CatCASHCAT

$0.1522

+47.78%
Jotchua
JotchuaJOTCHUA

$0.005582

+37.66%
Vulcan Forged
Vulcan ForgedPYR

$0.1750

+36.72%
BUILDon
BUILDonB

$0.2210

+35.50%
SKALE Network
SKALE NetworkSKL

$0.005280

+28.78%

Top Trending

View more
Circle
CircleCRCL

$66.4600

+5.46%
SK Hynix Inc
SK Hynix IncSKHYNIX

$1,479.43

-3.51%
Ethereum
EthereumETH

$1,792.95

+2.37%
Bitcoin Cash
Bitcoin CashBCH

$246.000

+3.19%
AAVE
AAVEAAVE

$96.2000

+5.22%

Recently added

View more
Cash Cat
Cash CatCASHCAT

$0.1527

+48.32%
Cerebras
CerebrasCBRSB

$214.790

+7.26%
Invesco QQQ Trust
Invesco QQQ TrustQQQB

$726.470

+0.36%
Palantir
PalantirPLTRB

$126.750

-1.46%
Nebius
NebiusNBISB

$220.300

-1.12%

Learn

View more
  1. 1What Is Cross-Chain Interoperability? How Does It Function?
  2. 2What is OUSD? How Does Open USD Work for Digital Payments?
  3. 3What Are Keyloggers? How Do They Drain Your Crypto?
  4. 4What is Maximal Extractable Value in crypto? How Do We Avoid MEV?
  5. 5Crypto Trading Bots: What Are They and How Do They Work?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com