Bitcoin Forum

good luck with the sale, the platform in big lines it's what he needs to be, you also should put a price in the topic.
btw: the design abuses a lot of yellow, your colors should be more varied for a great ui.

Escrow is fine if paid by user, also domain can just be escrow'd through DAN.COM.


Funds on the platform itself are secure because of using external provider: cryptapi.io for deposits & withdraws, not single actual crypto stored or going through system. Regarding payment serving: https://my.cazinogroup.com/#item-4-5

I can’t imagine any way to mitigate the risks involved with having someone else develop a gambling platform for you. Is there any assurance the platform wouldn’t be hacked? What recourse would a buyer have if their customers were to lose all of their funds as a result of the software being exploited?

I think you can give us the price, so other members will know how much you are selling your website. I like the design, but how it will be after sales? Did the customer still get any update from you or only sell all of the domain and the customer manage the website by themselves? After sales are important, the customer will not confuse if they get a problem in the future.

https://bitcointalk.org/index.php?topic=5280831.msg55339614

Hello everyone,

My name is Drex. I was scammed over $12,000.

I recently invested my hard-earned bitcoin into a bitcoin gambling website created by "Ryan".

I found Ryan advertising his "premade" gambling website as you can see here:
https://cazino.ltd/

I later found out he has 2 websites advertising this which is clearly sketchy:
https://managedcasino.com/

I contacted him about this. He advertised this demo site of what our site can be with his code: https://beta.bets.io/

Which is down at the moment (as he scammed). He advertised this site which looked amazing as you can see in the following image: https://imgur.com/a/79oVvKG

Ryan offered that we could pay $15,000 for the code and full rights to the backend/frontend etc or a "deal" that was renting the code for $1,500 a month and we wouldn't have access to the backend (as we didn't pay for the rights to it) but an admin panel for our everyday needs. The reason he charged $1,500 a month was he wanted to "gather data" and learn what works and what doesn't.

He showed us the backend and showed us his code and was editing it live on discord while screen sharing etc so we began gaining trust. Once we agreed on $1,500 we paid him and he instantly began "working" and created a Zoho mail and stream as you can see here: https://imgur.com/a/Oaxl7g8

He also gave us a notepad file showing the possibilities the code has to add to our site as you can see here: https://imgur.com/a/Fod0IcX

He also created an excel file that myself and my team could add  too of lists of jobs that needed to be completed to maximize profits on release day, you can check out this excel file here: https://docs.google.com/spreadsheets/d/1GOuyFb67tu5_FOQOmKyrZmY7iMVd2Sh3xxGqsOOVItc/edit?usp=sharing

Once all this was set up he then charged a setup fee to customize the demo site he linked earlier to our liking which he never mentioned prior we assumed this was included in the $1,500 a month but we paid the $2,000 anyway and he changed the color of the background although when we asked for certain things to be done that were more advanced such as:

Custom Currency
Custom design (we wanted to move login buttons etc)
1% Max Bet

Although for everything we asked that was a slight bit difficult he would complain and say "there is no need" or come up with some stupid excuse.

We wanted a custom Crash animation and of course, Ryan said "I know a guy" he made a group chat with me and his "friend" (Bass)and explained what I wanted the designer said it would cost $200 to which I paid, I asked for updates and I was told I would get them, and he would send updates and send the animation to Ryan's email

I woke up in the morning with no new messages, I was getting worried and questioned "Any updates? @Bass", I've never heard from Bass again...although Ryan replied saying "He sent through just havent got to it yet.." pretty much saying he got them via email: https://imgur.com/a/HVwK6jh

I never saw this animation I'm 99% sure this is just another of Ryan's alts, although this Discord account was made in 2017 (I checked the ID), still probably Ryan

We made a list of stuff that needed to be done, one was the hot wallet needed for the website, we agreed we would begin with 0.9 bitcoins. We asked Ryan what wallet shall we use to which he replied with Electrum. My partner Elifeur was in charge of setting up the hot wallet with Ryan as I was heading to sleep at the time.

Ryan said he would DM Eli regarding how to set up which at the time I didn't think anything of it, but he did this to blame Eli specifically when our bitcoin "disappeared".

Elifeur sent 0.9 bitcoin to the wallet to which Ryan had access too to "help Eli set it up". The moment the bitcoin was confirmed in the wallet, exactly 5 mins later the money was withdrawn: https://imgur.com/a/oWSTlyb

Now it would be completely illogical for Elifeur to withdraw his own money and blame it on Ryan (Dev) as what is the logic in that?

We confronted Ryan about this to which he said:https://imgur.com/a/jLcCTMj

A friend of mine who was interested in this project called Ryan a scammer in DM's which "frustrated him" and he avoided talking in the group chat we made (that we could all see) and wanted to just talk to me in DM's:

https://imgur.com/a/jLcCTMj
https://imgur.com/a/wdBsKON
https://imgur.com/a/fkwjpiV

Ryan started blaming Elifeur for "messing up" with the wallet setup although he told Elifeur exactly what to do in DM's (which Ryan deleted)

I began questioning where our 0.9 bitcoin ($9,800) was, and Ryan's excuse was "idk":
https://imgur.com/a/PJpuKju

Ryan wanted to stop talking about this ASAP:
https://imgur.com/a/WGJtB1w

Ryan started saying stealing 0.9 bitcoin wouldn't be worth his time:
https://imgur.com/a/wlyry7I

Around this time all the site animations and functions started to stop working:
https://imgur.com/a/prwtRnY

I sent a very formal message explaining how we felt as customers and Ryan was saying we were "jumping to conclusions":
https://imgur.com/a/HdM2Qn0

He went offline and then left the group chat in both his accounts and wiped Elifeur's and his chat and our friend (Deleted Account) who called  him a scammer:
https://imgur.com/a/JwycBVX

Ryan then randomly contacted us 3 days later and said he would pay the 0.9 out of his "own pocket" and keep continuing on the site which clearly showed he had our money, we agreed as if we could at least get our money back and leave this project the only thing we would lose is time.

He said he would pay the money then changed his mind a few minutes later and said "I'll pay 0.45 because you guys are lowering my reputation calling me a scammer" we waited a few days with no sign of any money to which he said he would pay the money on 5th October (Monday) we waited until:

Monday..nothing..
Tuesday...nothing
Wednesday = I contacted him saying if he didn't reply in the next 24 hours we would expose him.

It is now Thursday and he has wiped my chat and blocked me:
https://imgur.com/a/KLCyBNA

You can see in the following images all the money was withdrawn from the Hot Wallet to a Bitcoin Address that instantly was sent to 2 more wallets:

https://imgur.com/a/cx6KuvV
https://imgur.com/a/nhlaETE
https://imgur.com/a/yi1T4XL
https://imgur.com/a/2Tg7Hch

As Elifeur paid for most of the project and my aim was he could keep my % of earnings for a period of time until the money was paid off, Elifeur and I are now down $12,000 and I owe Elifeur $6,000 to which is scammed from Ryan.

All of Ryan's contact details are below, it is extremely hard on me as the moment spent here was my savings (I am 19), but hopefully, this post can spread awareness of this scam.

Thanks,
Drex

-------------------------
All Of Ryan's Contact Details
-------------------------
All Ryan's Bitcointalk accounts:
MAIN account:https://bitcointalk.org/index.php?action=profile;u=2805005
Alt account: https://bitcointalk.org/index.php?action=profile;u=2465977 (you can see here all accounts that replied to him were just alts)

Main telegram: @ryanvoc
The phone number he answered on (linked to his telegram): +971 56 994 3022

His spare telegram: @rootyep
The phone number linked to that telegram: +31 6 16 25 57 41

Ryan's "friend" Caszino: @cazinoltd

Bass's discord: bass#4732
Bass's User ID: 119672775198638080

IMO OP don't want tell us in public about the price. That's why he is giving us his contact on telegram to disscuss more further if anyone interested. Will you buy the domain or just asking without any intention to buy anyway? You can ask that all questions through telegram with OP

You answered the question about the escrow but the most important question Given by Og as first poster you denied to address?


This question actually is not for the OP but for the Buyer , Good that Og pointed this because this is really a issue , Gambling sites nowadays are being attacked and it happens in several time just recently , so having Gambling site that created by someone and will operate by other one is really a super risky.

https://bitcointalk.org/index.php?topic=5280831.msg55339614

Buying or selling online is risky enough. In this thread we can see how the buyer was scammed and there are lots of same situation. But also, we can`t say that the OP is scammer because someone was scammed as a buyer. Everybody must make his own research before deal if he wants to buy smth online.

Buying a ready-made website business especially an established casino is not just like you're buying things on amazon, etsy or any marketplace. Anyone who is interested on buying such software should take many considerations including code audits while escrow with a lot of terms should be cleared for both party to avoid situations linked on this thread which is unfortunate.

Well, let's be honest.... buying a "white label" casino ...come with a lot of risk. You presume that the developer have no "backdoors" into you casino. You might be running for months without any problems and once your warm wallets are jam packed, the person with the keys to your castle, might give you a visit and withdraw all the money from your users accounts.  ::)

The person who sold you the software, will then wash their hands... because they will say that it worked for months and nobody exploited the software, so this must have been hackers.  ::)

It is one of the complicated thing - to read someone`s else code. I don`t sure that even serious audit can give 100% guarantee that you becomes a full owner of the site.  Possible that it is better to create new web-site. Anyway you need to hire several programmers to support it.
May be i`m too old, but i think that such deals must have some proves and contracts in offline.

I can’t imagine any way to mitigate the risks involved with having someone else develop a gambling platform for you. Is there any assurance the platform wouldn’t be hacked? What recourse would a buyer have if their customers were to lose all of their funds as a result of the software being exploited?

I can’t imagine any way to mitigate the risks involved with having someone else develop a gambling platform for you. Is there any assurance the platform wouldn’t be hacked? What recourse would a buyer have if their customers were to lose all of their funds as a result of the software being exploited?

~snip~
I think op needs to give updates about the website whether it had been sold or he's still looking for a buyer. I hope he is going to get a buyer soon if his price is much lesser than what the market demand.

For someone who can't read and debug programming codes, algorithms, yes, it's very complicated. That's why you need an IT guy to do it for you, it's part of the business, asked professional people to do it for you. Just like i said it's not like you are buying things from online shop/marketplace, like check it out then few seconds you get your copy of casino software, nah.

Creating a new website from scratch is whole different level. It's safe since it will go in different stage of quality management (quality control, quality assurance, etc.), yet time consuming and will require more resources than buying an already established running business, especially for marketing side just to get your very first batch of users.
Yes, contracts is always part of the business, everyone who buy business needs contracts and everything should be in legal way. Once you missed important parts, you are risking your time and money so buyer should always take advice from professionals.

This is the most risky tho g to do, haven't to buy an already built casino with all the codes and software developed by a third party who can take control of the system at any time since their the developer. But then seeing from what oos mentioned no your buyer will come through because the deal does not look legit to me.

For someone who can't read and debug programming codes, algorithms, yes, it's very complicated. That's why you need an IT guy to do it for you, it's part of the business, asked professional people to do it for you. Just like i said it's not like you are buying things from online shop/marketplace, like check it out then few seconds you get your copy of casino software, nah.

Creating a new website from scratch is whole different level. It's safe since it will go in different stage of quality management (quality control, quality assurance, etc.), yet time consuming and will require more resources than buying an already established running business, especially for marketing side just to get your very first batch of users.
Yes, contracts is always part of the business, everyone who buy business needs contracts and everything should be in legal way. Once you missed important parts, you are risking your time and money so buyer should always take advice from professionals.

This is the most risky tho g to do, haven't to buy an already built casino with all the codes and software developed by a third party who can take control of the system at any time since their the developer. But then seeing from what oos mentioned no your buyer will come through because the deal does not look legit to me.