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Home » My Metaverse Minute Ep 74: The Alleged Metaverse-Based Casino Scam
My Metaverse Minute

My Metaverse Minute Ep 74: The Alleged Metaverse-Based Casino Scam

Kieron AllenBy Kieron AllenMay 17, 20221 Min Read
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Acceleration Economy Metaverse

This episode is brought to you by the Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California.

Highlights

01:28 — Five state regulators in the United States have accused an online, Metaverse-based casino of scamming its users. Essentially, they are blaming the casino for flogging fake NFTs.

02:14 — Apparently, they are supposed to be linked to a physical casino, but that’s not the case. There’s a promise of a profit share, but the five state regulators have noticed discrepancies. Further, there have even been discussions about how the land purchased for the casino is linked to Snoop Dogg.

02:44 — This is certainly one of the most high-profile takedowns of an alleged Meraverse scam so far. However, it begs the question, with security so intrinsically linked with the Metaverse, why are platforms not doing more to enable users to understand the risks of scammers?


Want to compete in the Metaverse? Subscribe to the My Metaverse Minute Channel:

Acceleration Economy Metaverse

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Analystuser

Kieron Allen

Cloud, AI, Innovation
Cloud Wars analyst

Areas of Expertise
  • Business Apps
  • Cloud
  • Cybersecurity
  • Data
  • LinkedIn

Kieron Allen is a Cloud Wars Analyst examining innovations in, and the future impact of, the latest AI, cloud, cybersecurity, and data technology developments. In his ongoing analyses and video reports, Allen focuses on the platforms, applications, people, and ideas that will mold our digital future. After serving as the Online Editor for BBC Sky at Night Magazine and as the Editorial Assistant for BBC Focus Magazine, Kieron became a freelance journalist in 2015 where his focus on the business technology market became a key passion. Kieron partners with technology start-ups and organizations that share his interests in science, social affairs, non-profit work, fashion and the arts.

  Contact Kieron Allen ...

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