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Do not panic. Everything is back to normal.

MetaWin CEO Skel said the gambling site was hacked. $4 million stolen. Onchain sleuth ZackXBT revealed that the attacker moved the stolen funds to Kucoin and a HitBTC nested service. He also identified more than 115 addresses associated with the malicious actor.


https://cointelegraph.com/news/online-casino-metawin-hacked-4-million-zack-xbt

It is good that the gambling site has enabled back withdrawal. I hope all the stolen coins will also be recovered.

Check their discord announcement for updates. Everything is fine now though.

Good to hear that everything is fine now. If something like this happened to other casinos without enough capital, it could mean the end of the road for them. This hack has shown that Metawin is financially stable enough to continue operations without any disruptions. Could they be considered the Binance of the crypto gambling industry? #SAFU  :D

Though Metawin is financially stable but still it is concerning for their security system. I don't know either they will get the previous place to the players or players will confuse about using Metawin. Hope they will be able to gain the previous trust of the players.

Thanks for this update. I hope they resolve how the hackers infiltrated their system. That is a lot of money, even if they are big, but I do hope that it won’t be a problem when it comes to Withdrawing from the players.

It might have been a swift action for them, and I like that when looking at online casinos with which to play.

Binance was hacked before, yet it remains the number one exchange today. With Metawin, it wasn’t the game system that was compromised, but rather their hot wallet. I’m confident they’ll learn from this mistake and improve their security measures. They are hopeful the funds will be recovered, as they have been traced to HitBTC and KuCoin exchanges.


It's back to normal already.

Why would you compare a megasite like Binance with Metawin? They are worlds apart. Most investors including me were confident that Binance would recover easily after that attack, but the same cannot be said about Metawin.

They are a great site for sure, but their security system clearly sucks and the chances of them recovering those funds are pretty low if you are being realistic. Trash hackers!

It was because with their web3, it's possible to withdraw up to 25 ETH without KYC.

Regardless, they have already topped up their hot wallet with 3x of what users have.

According to them, they already topped up 3x of what users have. Imagine the worth of a casino in which the CEO announces a 1 million dollar giveaway. I understand that 4 million dollars is not a small amount, but I guess it won't be too hard for metawin to recover this loss.

According to the article Cointelegraph published, they already identified 115 wallet addresses, some of them tied to some centralized exchanges like Kucoin. So, there is a chance that they can contact the exchanges and request to freeze those accounts. Actually, the media reports help them a lot in such cases.

ZachXBT is a God send for these people, if not for him many crypto companies will be gone and erased already due to the hack, the guy is a good person, since he is involved I am positive that most of the money will be recovered if not all, now it is left for metawin team to come up with a more secured way to avoid such thing from ever happening again.

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Hackers are stupid, targeting crypto is just plain stupidity, they cab only escape from people who can't do anything than cry after they stole their funds, but stealing from big platforms and exchanges? That's the most stupid thing ever, all eyes will be on the wallets, it is a waste of time and resources.

I just heard the casino has been targeted by hackers also, in general, I always heard exchange has a lot of money, and people who invest have been targeted. It is probably because MetaWin is one of the big popular casinos that have also a big bankroll. This incident must be attention by another casino, it would be good if they started adding additional security as big Exchange did. For sure, casino sites must strengthen their Network Security Level.

This shows how good this gambling sites is,they are doing what is good and better though another wall of security is needed to prevent this hackers attacking them more in the future.
Metawin has been in the business for quite a year now means this will have more improvements in the future as well

I rarely see casinos get hacked but it's inevitable so the good thing is the system is not collapsed after losing 4 million so I hope the amount lost is not that big for their size and nobody will face any losses.

Meanwhile, hackers moved the stolen funds to exchanges?

That's a pretty dumb move, I hope they will be tracked down and hammered with necessary charges.

Because Metawin has recovered, and they posted it. That's the problem when you don't read the news attached to the OP; your comment ends up making you look uninformed.

And we rarely see casinos get hacked that survive too.

Maybe the hacker was an idiot. Moving stolen funds to centralized crypto exchanges seems like a dumb move. The Metawin team identifying more than 115 addresses associated with the hacker also means that this guy(or several guys) was/were not that smart.
What if Metawin was hacked by a smart hacker(or a team of hackers) and he/they managed to cover his/their traces? Maybe the Metawin team was lucky this time.
I haven't heard about the crypto exchange HitBTC in the last couple of years. I remember that I had an account there. Those were the good old days. ;D

Just my two cents.

Metawins still can ask us "KYC" in on their policy. "KYC" policy from METAWIN: https://metawin.com/games/kyc/ correct me (If I was wrong). If we play with "Web3" wallet not "Custody" Wallet from METAWIN.

Do we can play without being ask "KYC" or these KYC policy only for user are using custody wallet from METAWIN ?

Matawin will gain previous trust. What could have scared off their customers is if they are very disappointed. Disappointment like not able to have access to their coins for a very long time. But if they truly have access to their coins after just withdrawal was disabled for awhile to avoid further hack, their customers will still trust them. Some people may not even know the gambling site was hacked. If you can remember, this happened to Stake but Stake was able to allow withdrawal and their customers have confidence on the gambling site.

That's definitely a scary situation, but good for acting fast and restoring withdrawals for most users. Hoping they can recover the stolen funds too! This is a good reminder to be extra cautious with online gambling platforms. Maybe it's a good time for them to review their security measures. Glad to hear things seem to be getting back on track for them. Here's to a swift recovery!

Many centralized exchanges died after hacks or they took advantage of hacks to disappear like scam exits, we can not know their real reasons.

Exchange graveyard (https://www.cryptowisser.com/exchange-graveyard/) will make you more fearful of storing fund on centralized exchanges.

Metawin is a big platform with success and reputation, but $4M is not small money and it's good to see they quickly identified hacker wallets and took quick action to top up their wallets. It brings trust to their users that Metawin have deep budget for their business.

A next move for Metawin is internal investigation on what's going on, identify security holes that allow hackers to exploit their platform and fund successfully, and fix all these things.

It's really stupid to hack a platform and move stolen fund to centralized exchanges. Hackers in this case maybe think that they can deposit and withdraw their fund quickly from centralized exchanges while Metawin team are sleeping.

I heard that the campaign participants are responsible with the losses /jk.

There were many articles I've read the hackers send the money to centralized exchanges, I had no idea why they didn't learn from the others, but that's a good thing.

But, it looks weird if the hackers sent the coins to HitBTC, it was an old exchange and had many scam accusations. I think the hackers did that with an intention.

4 million is certainly a big number for a casino, did they get the money back?
The hackers don't seem to be very smart because they sent the funds to a CEX so they could be traced quickly.

We can’t say for sure if they’re really that clueless unless they get caught. Maybe they're using fake IDs or even trying to hack into the exchanges' systems to get their accounts verified. As far as I know, KuCoin implemented face recognition for KYC back in August 2023. On the other hand, HitBTC’s KYC process is pretty straightforward - it just requires you to upload an ID to the system.

Only someone that does not think will say something like this. I am not referring to you, but referring to the person that alleged. Anyone can be responsible for the loss. It can even be an insider's work. Where did you read this from?

During exchange or other hack, I also think the hackers will intentionally send the coins to a centralized exchanges. Most of the coins will likely be recovered as usual. Unlike when the coins are sent to a noncustodial wallet.

Not that the hackers can be traced quickly, but the money can be recovered quickly. The hacker may use fake identity for verification.

The last time I used HitBTC which was like 3 years ago before I left the exchange because of how they were seizing coins and forcing people to do KYC verification, I was able to use the exhaust without KYC. Maybe some people can still bypass KYC on the exchange till now as it was not made mandatory.

No news yet that the coin has been recovered but it will likely be recovered.

That escalated quickly, so when Zachxbt has exposed the addresses. Metawin was able to restore everything and is fine again. But with that losses, I hope that they've got some connections and able to quickly stop the withdrawals further from the connected addresses that have been used by the hacker/s.

IMO, they're aware of that before they do the hack. Sending to a centralized exchanges will allow them to get on hold and halt the withdrawals quickly. Unless they've done it on a purpose or they aren't really smart at all. I wish that the stolen funds will be retrieved asap.

Hard one for metawin because at the moment too cryptocurrency casinos are the hot target of hacker's, and most Times it have happened to other leading casinos, I still remember when stake.com was hacked on multiple occasions, so this shows that there are some liphols that the security team need to work on.,
This is a big amount of money and I am sure that the company have enough cash reserves to cover up for loses in this nature, and also I hope the team put everything necessary in place to prevent future reoccurring of such incident.

Nowadays, almost every day you can find information that some protocol has been hacked. And here it is important to look not at the fact of hacking itself, but at how the project team reacts. And if the problem is quickly fixed and it does not negatively affect the participants, then trust in them will increase in the same way as it was with Binance.

Good thing is that casino managed to react quickly, notice that they got hacked and have started investigation. Only few days have passed since they got hacked and problems seems to be solved. Either that hacker wasnt really smart, or it was a kind of a black promotion. There were no actual hack, but casino gained some popularity last days. The other thing is, that we dont know what kind of account or accounts that hacker had on CEX. Account made with real KYC or used fake one. What I think is that Metawin have failed with their account or access securities, and someone managed to get access by accident, that is why he has moved funds to CEX.

What they do is somehow a good indication that they have a good team since imagine that they able to do good counter action to the hacking happened to them.

Also for sure the amount stolen cannot hurt their funding's since they able to manage to spend millions for giving rewards to their community.

We can see that lots of people praise them with the action they made and that means everyone still have confidence to gamble in that casino despite of those hacking issue happen to them.

Since the exchange where the asset was sent has been identified, it's a good thing and I hope those accounts can be locked and the funds be recovered. Those hackers are very skilled and only needs a slim opportunity to penetrate what so ever they want to hack, I know they also hacked Stake  casino some months ago and stole some huge amount of money too.

I do agree, hopefully they will patch things up with this hack, they are one of the biggest casinos and it's obvious that they are a target from his hackers. For sure, they have learned their lessons for this hack and this could be the last one. Of course, maybe players are going to be confuse, but they have gain the trust already, they have a solid customer base if I'm not wrong.

And for other casinos as well, they should also look at how Metawin was breached and they should also be on the alert, specially their support and fraud department to be on the lookup of this kind of attacks.

Nice to see that hack issue like this tracked  faster which is the key for the potential recovery and to cut the damage to the minimum level.

I think those hacked money can be recovered since it was sent on CEX which now mandatory asked for KYC.

Metawin funds surely a deep pocket since they can operate back to normal immediately after the stolen issue.

Looks like it's long since we last her about casino being hacked , and lucky that the casino did their best to resolve the case and prevent this from happening again .

Good luck Metawin more business coming .

It's a cat and mouse game, they were able to halt withdrawals, but it was too late as the hacker was able to exploit their  “frictionless withdrawal system.” However, these hackers are dumb as they deposited the money to CEX, so sooner or later they will be track down and could be identified.

The good thing is that the owners is going to top up their wallet, regardless if it is the owner's own money from the profit that he had made. So everything is back to normal, 95% can processed their withdrawals already.

And for sure there are going to be root-cause-analysis and again, this so called  “frictionless withdrawal system.” will have be revisited and they should make the necessary protocols to prevent his kind of attacks in the future.

According to the article, the attacker took advantage of the "frictionless withdrawal system," which should be changed by adding additional security and hiring someone to monitor all outflow transactions in order to avoid future hacks.

Since they are going to change something internally according to the announcement that is the one of the things that can improve their security.

I'm glad they action immediately and trace those funds I am just not sure if they contacted those exchanges and asked to freeze the hacker's account.

I confess that this is news that surprised me a lot, because since I've been on this forum I don't remember reading about any casino being hacked, if my memory serves me right. But casinos have money, they can easily continue to operate well in the event of a hacker attack because in casinos most people are losing money and casinos are making a profit and even if someone wins a lot of money, it doesn't harm the casino's finances. Now this hacker, by moving the coins to exchanges that ask for KYC or even if they don't ask for it, he took a big risk and could be caught. And I sincerely hope they catch him and he goes to jail and serves a long sentence.

It seems they had anticipated this and ensure that before their customers could panic everything was back to normal. Very excellent.

It also looks to me that the attacker is a going to definitely get cause sooner than later because if they had already tracked down where the funds where moved to, it is only a matter of time before their location gets revealed for security agencies to swing into action.

Once again, any one who operates these type of businesses online should get an ethical hacker to try to break in. These are some of the ways to reveal any vulnerability in the system.

It happened only yesterday, I don't think it is too easy to recover the funds in just 24 hours. Even if they report to the CEX and ask them to freeze those accounts, the CEX won't return the funds to Metawin without following the procedures. Probably Metawin has to file a case against the hackers send a copy to the CEX and follow some other process to get the funds back.

I agree that the hackers aren't very smart. They could have used mixers and then some instant exchangers to swap the funds and then sent them to CEX to cash. But they sent them directly to the exchanges which was already identified.

If 4 Million loss is enough to destroy any casino, then they shouldn't be in this business. $4 Million is an amount of money that can be won by a single player in a good case. People wager millions of dollars every day, such a loss is not a significant loss for the casino.

Stake got hacked too. Apple got hacked, Amazon got hacked, check recent exploit of Windows, every company gets hacked here and there, that's inevitable because there are always loopholes in the code or some people are dumb enough to become a victim of social engineering but it worth to say that social engineering has stepped up with the help of AI Deepfake.

I hope exchanges will froze stolen assets and Metawin will get back lost 4 million dollars.

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If Metawin recovers 4 million dollars but then does a giveaway for their users, that will be amazing. I think, we should expect that from their owner :D

Let's hope for the best, but if we look at the overall recovery rate of hacked crypto funds, the chances of getting it back are pretty slim. Still, I believe they’ll bounce back from this. Metawin is a huge casino with a large number of players, so eventually, they’ll make up for it. But let’s just hope this doesn’t happen again, because next time it could be worse, and if they can’t recover, that would be a bigger problem.

On the bright side, this casino is known for being very generous. Since it started, they’ve already paid out over $14 million in prizes. (https://www.casinopedia.com/metawin/)

I guess centralized exchanges do have their advantages  when it comes to exclusive listing of some coins because hacker sending stolen coins out here means.. if metawin acted fast they can ask either of the two exchanges to hold these funds and get them back after all evidence is presented to them...just hope hacker wasn't two steps ahead.

And great to hear there wasn't much disruption on to the platform after this incident.

Glad to learn that everything is back to normal right now, but it's still unfortunate that the hack was successful and they had to loose such amount of money, though it might to be too much compared to the fact that Metawin is a really huge casino, almost playing in the same league like Stake and the rest.

I really do hope that they will find a way to recover the stolen funds, but then again and again, this is a lesson for casinos and other online platforms to tighten their security against such attacks as this so it doesn't lead to ugly incidents like this.

I wish the company and it's workers well, and I pray there be no reoccurrance of such again.

Yes, only beginners could do this, who do not understand that their money will be blocked and withdrawn after applying to Metawin. I would not be surprised if they were verified on Kucoin using their real documents and, accordingly, their identities can be identified, and after contacting the police, they will certainly be brought to justice.

Recovering may be hard at this point in time, reason being that, only a few was sent to a kucoin account which is the only traceable stolen assets from metawin, the rest may have been transferred to private or even are mixing service which could be untraceable, but then all the wallets have identified and metawin hard top up the hotwallet 3x which is so good for now, at least now the got the hot Wallet up and services uninterrupted so we all are good.

This is a very sad events for metawin being one of the active casino that we have around and having such an attack is always one of the bad experience of the industry since big sites are the most targeted by hacker's.

As metawin makes efforts correct the issue, I suggest them also to look inward to know if this is not an insider's linked hacked, because for a big company like Metawin to get hacked like that is kind of weird and sound unbelievable for an outsider to get such access without aids.

You guys are right, this actually crossed my mind while I was reading the op, I was like "what amateur hackers people or the person behind this hack must be to send the hacked funds to a cex, and not just a cex, but a well known and reputable one like kucoin"..

No doubt at all that the hacked funds will be easy to recover back if Metawin will rise up and follow the due process, this exchanges can freeze those funds to prevent the hacker from gaining access to withdraw it, and for the hacker to be able to deposit the funds on those exchanges (kucoin specially), it simply means that he or she or they must have passed kyc verification, so catching who is behind the hack is kind of easy..

But then, let's cross our fingers and see what happens in the coming days.

They were able to restore withdrawal without much delay for their customers, which I see as what customers don't like being denied access to their funds.
 
Second,  as long as customers funds were not affected, I don't see any reason for the players not to trust them. The only thing is that after they have covered up the mistake that led to that hacking, they should also try to improve in security to avoid such from happening in the future; they can't keep losing money to hackers.

Well, the fact that the hacker(s) made some or a small transfer to kucoin exchange has given him or her or them away, with this singular mistake, even if the amount is $1,  he or she or they can be traced and with the right strategy, the hacker(s) can get arrested where ever they reside.

Like I have said in my initial comment on this particular arm of the topic above, kucoin is a centralized exchange where users are required to pass kyc verification before making any deposits.
So, assuming the hacker(s) has already passed verification on the exchange with their real identification card, he or she or they can be easily traced and arrested, and when arrested, they rest of the funds that was stolen was the casino will be recovered.

For a casino that lost $4 million yet managed to resume operations, it speaks volumes about their financial strength. Given this incident, they are likely to invest in improving their online security, especially their hot wallets. Hacks across various platforms happen from time to time, as hackers are always looking for vulnerabilities to exploit. Despite what happened to Metawin, the fact that their operations continue shows that this isn’t a huge concern and highlights their financial readiness.

You have spoken well and completely right, but on the other hand, if you consider the much money that most of this casino are making, the profit, you won't be surprised that even after losing $4 million dollars, Metawin acted like nothing happened and resumed operations almost immediately.
I could remember vividly that this is the same thing that happened when Stake was hacked in 2023 or 2022, according to reports, over $40 millions dollars was stolen from the casino, but then, they also acted like nothing happened and resumed operations almost immediately after the incident, not even their signature campaign on this forum was paused or payment delayed for one bit..

Running a casino is a very lucrative business, though it's very tough in the very beginning when the casino is still struggling to gain loyal players.

If actually all the stolen were sent to kucoin and Hitbtc then there is every possibility to restore them back with the hope that they can also write to these two exchange to halt lock their account freezed the funds inside, so that they can't make any further withdrawal after trying to exchange those stolen coin into another coin and withdrawal them out.

Damn this is sad, Metawin is a great site with really generous owners. I wish they get justice  :)

The hackers are very skilled but how were they not able to know that their plan can become unsuccessful if they will send the money to an exchange. Probably they did it intentionally or probably not, but that make it looks unprofessional.

The beginning is not tough at all. If you have money, you can have a gambling site. All that is needed is that you will need to spend enough money especially on marketing.

Also if it is a crypto gambling site, it is better you have extra coins in case of hack. Just as Stake and Metawin did. Leave more coins on cold wallets.

Fuck! I just found out.

Well, the good thing is that MW is a solvent company, that it was prepared for these things, as it has happened to even bigger companies, and that we, the players, have nothing to fear.


Yeah, man, if you have a few million dollars on the side and don't mind spending a few hundred thousand it's not hard to start a casino. But for most mortals it's expensive, requires a large initial investment, and without a lot of work, knowing what you're doing and hiring the right people you're bound to fail.

If the scammers actually sent the funds to centralized exchanges like Kucoin and others then I think recovering the funds would be very easier compared to when the funds is sent to decentralized wallets where the funds can be very difficult to track. Sending stollen funds to exchanges like Kucoin is more easier to track than the ones sent to non custodial wallet and I believe the team would have written to the exchanges involved so they can track how every penny is being moved and where it is send to later. Casino hacks has been in existence for a long time and every casino team needs to work on their security to prevent something like this from happening.

This is the type of proactive behaviors that most businesses lack which has been portrayed by the CEO. Metawin would have to do a forensic analysis so as to evaluate if they need a total overhaul of their security system so that it is not repeated again because if there is a repeat it would not look good on the company.

In terms of trust this will not affect the company's reputation or how their users see them. It has the possibility of even boosting users positive trust of Metawin

If it wasn't, then everybody would own and run a casino. You don't say something that doesn't apply to all the companies. For all types of companies, you need to spend money on marketing, but for casinos that operate with crypto, security matters above all else. At least for me.


The same goes here. It's a fact that is an expensive and very challenging venture and it will need the right people in the right spots but the same goes for every business that someone wants to start. Casinos though need more than a lot of funds, for us the mortals, because they have such kind of dangers. They control millions, so they need the corresponding backup of them and the appropriate control. The days when you could open a crypto-related casino without almost anything, are long gone for everybody...

Since it's already okay, I guess you can also change the thread title or add something like "resolved" or "funds recovered". This kind of news will definitely affect the number of players they have; it could either decrease because of what happened or increase because they managed to fix this issue within a short period of time. This is just my suggestion, but it's still up to you if you'll follow it.

It was never right to think metawin would relax without improving its security system after this hacking case. Metawin will improve it as soon as possible and its reputation will be even better considering the way they handled this hacking case. Customer funds may not be affected, but there are certainly concerns for anyone with a large budget on metawin.

This case further emphasizes that no one should feel safe keeping their large budgets on centralized platforms whether at casinos or exchanges. Hackers can exploit many ways to get free money, so storing funds there should not be considered safe.

This is one too many big attacks on the online cryptocurrency casino hot wallet and as a matter of urgency, casinos need to start putting in extra efforts at protecting their wallets and securities, I wonder how easy it is for you to approve such transaction from a hot wallet and withdraw such an amount of funds without triggering technical team...

Metawin is a big brand and for that, they should have acted in a more proactive ways to prevent this situations from happening.

Well, we can't really know if the accounts they are trying to use actually belong to them because it's pretty easy to buy verified accounts these days, especially from rural areas in some countries where people are poor and they will sell their identity for a few hundred bucks which is a fortune for them. And if this is the case, those who have sold their identities might get in trouble for this but the authorities should be able to realize they aren't the culprits after looking at their conditions. They are usually illiterate as well.

If you wonder how they are going to cash out the funds from these accounts then let me tell you that those who sell their identities can also give them verified local wallets and bank accounts that they can use for their operations. I know all this because I have seen it happening in the past.

Kucoin ask KYC to all of its users so provably that identity of that hacker will be reveal once investigation will happen. What makes me curious to know why those hackers decide to sent those stolen funds on a KYC compliant platform. I don't know if they are totally noob hacker or there's something wrong happening like the hackers used those verified accounts used by other people which they sold to random people online. Hopefully this assumption is not happening here and we can see those hackers get jailed for this crime they do.

What good thing despite of what happen to Metawin is they still dropping big promotion soon.


Got this post here https://x.com/Meta_Winners/status/1853329600283099253

They are on the track of the hacker's right now, and as a matter of excitement the team are closed to the hacker's since their have identified the wallets that the stolen coins where sent to and also some where sent to centralised excahges and this is a big mistake and a show of how dump scammers can be, about 100+ Wallets are linked to this hack and all them will be singled out and investigated.


We are in a global tech world and nothing that happens on the internet is hidden to the authority's, so for that as long as legal steps are being taken to recover the stolen coins, it shows their are close to being caught.

This is a gambling platform that is one of the most respected ones on the forum because they are very strong once it comes to security measures in maintenance of their platform, but yet attacked, i think we should have something in this to learn, we should never rent on our security maintenance practices and also, that the money looted is not more than this and they may be privileged for recovery.

Yeah, their web3 wallet is typically frictionless -- No questions asked/no human intervention. I remember the high rollers withdrawing 5-6 digits instantly. In addition, salon rouge (VIPs) members has much higher limits.

However, in light of this hack, I'm expecting they will bring some changes. To the best of my knowledge, metawin has always stored x3 or more of their users balances which I think they can lower down as hot wallets have always been prone to attacks + lower down maximum withdrawal as well esp for new users.

Is there a chance for metawin to recover those coins? we are talking about a huge amount and looks like we know the exchanges where the funds was sent to, so, maybe if the Metawin team talk with the exchanges and prove the source of the hacked coins they can recover the money.

It's a complex situation, but glad to know that the site survived it. And once again here is a huge lesson for all, the risk os getting hacked is real even for secure engines like casinos.

Yes, I think there are some chances since the hackers have been foolish enough to send the coins to CEX.


But that I imagine is because they use hot wallets to pay withdrawals. If you have your cryptocurrencies in a hardware wallet and you have done things right (saving the seeds well) in principle you have nothing to fear.

I don't even know these.

I tough both of "Web3/Custody Wallet from Metawin" are still being ask by "KYC". Since not mentioned anything in the KYC policies, If these actually true is a really good heavens for people who want laundry the money.

All you need to do, just finishing 1x time bettings.

There is a chance, but it is not a straightforward one and if it works, they may not be able to recover all of it as the hackers would have already set to work to move the funds out of the exchange before it was identified where they were sent to. The amount is large enough and MetaWin reputable enough for the exchanges to help them out where they can.

It is the balance you need when you are promoting privacy. There will be the 1% that want to use it for scam and the 99% that are legitimate. The 1% usually gets all of the attention.

- Jay -

We don't know if all four million dollars were deposited to centralized exchanges or not. Since they used two centralized exchanges, they could have used some other decentralized exchanges as well. We don't know what steps Meta Win has taken so far. They may get the funds back if they can reach the correct department. But I am sure that they won't get the whole four million.

If they deposit all four million in exchanges, they can recover most of it. But if the hackers moved the funds somewhere else, they would probably be lost. At first, I thought they would know their identity since the funds ended up in CEX. But later, I came to realize that hackers usually use bought/fake exchange accounts.

There's always a chance, but hacks like this are hard to recover from. If the hacker was dumb enough to use their real identity for accounts on the two centralized exchanges, then yeah, there's a good chance the funds can be tracked and recovered.

Anything can get hacked, especially with crimes like this on the rise in the crypto world. But honestly, $4 million might not be that huge for them- it could just be part of their daily transactions since withdrawals are automated at this casino.

A good casino can always cover its losses, from its own money or with a quick loan. I don't know if $4 million is a little or a lot for this casino, in any case, it's good that they covered it and showed that they are serious about what they do.

I agree with you that anyone can be hacked, even easier if they have an insider. With hacks this big, I always suspect that someone from the inside helped... I doubt we will ever find out, we never get the whole story in the end because of security reasons. In any case, I hope they manage to get the money back from the hacker... sometimes it is possible if the hacker makes a mistake.

You aren't really making much sense here. Metawin restored withdrawals for most or all users and they have traced the stolen funds, but they haven't retrieved them yet which was my point. Think!

If the hackers were smart enough to take advantage of a vulnerability in their security, I think that they aren't dumb enough to transfer to such a popular CEX without thinking things through. This looks bad for Metawin.

Did stake.com also recover their money as well?
Because I know if those funds are sent directly to exchange stake.com will recover it, but how come I didn't know about this news and could you share here a link to the update concerning about the hack? Maybe I can read wide to know more about the hack.

The CEO already said that they have covered what has been lost in the hack, meaning it's from their own money. I'm seeing that this casinos has been in the crypto space for years and they have a lot of promotions and competitions paying huge amount. So it's safe to assume that it might be just a drop in the ocean for them.

Hopefully it's not a inside job because it's going to hurt even more. When you trust your own people to run it for you but then they've been thinking of stealing from you, that is frustrating. Hopefully, in the name of justice, they can recovered at least some part of the loot as the criminals have deposited it to CEX.

agree
if you look at their readiness in handling problems very quickly and responsively, it can be said to be Binance in the crypto gambling industry (joke)
hope all casinos can do the same if they experience something similar at least calm their players so they don't lose respect by not being alert in hacking problems including big cases not only in gambling anywhere will cause panic

Hacking is everywhere, this is so ugly, thanks for the info anyway.

I welcome Metawin into the true world of online business, you don't just sit in the best comfort in the online field especially when your business is booming, you must be battle-ready. I wonder why these guys are easily hacked at first but hackers won't be able to hack them again for a longer period of time. Could that mean that they couldn't pay for the best heads in the industry until it happens? Anything can be hacked, but with some more capable hands, it's tougher. I wish them a recovery.

It's hard to believe that hacking crimes are everywhere, but this is the reality, it is impossible to guess when this will all happen
This incident may have been completed but it is permissible to be vigilant,
Salute to Metawin for having a team that is fast in handling this problem very professionally, so that recovery is immediate and users do not feel excessively worried, hopefully there will be no other hacks at casinos and exchanges

https://www.kucoin.com/support/360015102254

I think the hacker can be easily tracked. This is because new Kucoin rules, from August 2023, require new users to verify their identity to use the deposit feature. It's been reported that the hacker deposited some of the stolen funds to Kucoin. This raises the possibility that he has a verified account there. The only problem is that if he rented others' accounts to launder his money.

Even they get the funds back, they won't get all the 4 millions dollars. Like kucoin I know for them to refund that money back to Metawin, Kucoin will cut their 40% and if the other centralized exchange will also cut their part then Metawin will lose good amount as well. So they will not expect all but let the funds should be refund. And since the hackers have send the coins to exchange then they would sell some or all. Though the Op and the first comment said everything is under control. Therefore there is no need for alarm.

It's interesting to know that the gamling site was able to restore withdrawals and the hack didn't impact user funds.
This reminds me of binance hack where the hacker stole a large amount of funds yet binance users' didn't face any impact due to it.
This shows how determined and reputed Metawin is.

I don't know about it, perhaps I did not search a right way.
How to Self-Recover Deposits on Unsupported Networks or Tokens (https://www.kucoin.com/support/22916032626969).
How to Freeze and Unfreeze Your KuCoin Account? (https://www.kucoin.com/support/360015207493)

I don't see they mention any 40% fee.
Search with 40% does not give me anything.
https://www.kucoin.com/support/search?query=40%%20fee

We never know before the case is fully investigated and closed. Assume Metawin won't retrieve all hacked money back is true, but with quick actions, they minimize chances of hackers to do money laundering successfully.

Nevertheless, there are still questions for the management of Metawin and the main one is why such an amount was stored on a hot wallet and not on a cold one. In this case, there would be no problem at all with the safety of $4 million. I think the management of Metawin and other casinos will learn a lesson from this.

Metawin is a different casino, it prioritizes Web3 technologies. Metawin gives you the option to withdraw up to 19 ETH per day in less than 60 seconds, without any human interaction. When you offer such a service to people, you have to put a good amount of money in your hot wallet. If you don't put, then you won't be able to offer such a high limit.

$4 million dollar is not a huge amount of money for a hot wallet in either way for a popular crypto casino. Stake, the most popular crypto casino lost $41 million to hot wallet. These numbers aren't big numbers for crypto casinos these days.

Other casinos can learn from Metawin's mistakes - especially when it comes to security. Even if the casino cannot place its hot wallets with low balances - at least they should be able to increase the security of their wallets from various possibilities that can be exploited by hackers. I'm not surprised why popular casinos like Metawin are targeted by hackers - of course because popular casinos like this have large balances in their wallets.


You're right - popular casinos obviously have a lot of funds and that's why they become targets for hacks. But that's the reason - casinos must regularly pay attention to the vulnerabilities of their wallets and increase their security levels so that it is not easy for any hacker to get their hands on the funds.

it's not like the players lost anything but I do understand the concerns gamblers will have. anyway, they would just have to prove that the website is secure and safe. a website like theirs wouldn't just sit idle and do nothing about improving its security after an incident like this, after putting a lot of money into it and to be honest, I don't think this incident will affect the number of their users.

From the team statement, it shows that they are taking steps to addressing some vital security issues, and I think the major security comes from their ethereum and solana network, which withdrawal liphols the attackers exploited to love the stolen funds.

No players wallet was affected in the hack, and only the hot wallet was attack so the whole thing doesn't involved players directly, and even the hit wallet got topped up with 3x so everything is back and normal right now.

From my observation if users funds got affected then they will fund it to them and If they do then is a good move to them which they have also gained more trust and, people would keep increasing to use the site to gamble because of their transparency and also putting their users at first. This show how valuable their customers is to them and they are willing taking it to any length to restore back there users funds, even though it wasn't originally from the stolen or hack wallet at least they can pay back from their reserved wallet but since none is affected it shows how secured users fund could be.

Even Binance, Kucoin and most exchanges that are well known have been hacked before. As the gambling site was hacked, they will take security of their site and funds to a higher level.

What I think is that the gambling sites are able to recover fast from hack. I remember the time of Stake when over $40 million was stolen. Now over $4 million was stolen but people continue to use them, unlike some sites that will disable withdrawal for many weeks.

They have no customers to lose. What I think is that their customers may even have more confidence on the gambling site now after it was hacked but no gambler lost money on the site.

This indicate that whatever big the platform and however you think its secure there's still a chance that hacking is possible to happen. That's the reason why the owners should not downplay the capabilities of hackers since for sure that they could able to find ways to penetrate.

What good thing happened there is Metawin able to recover fast and by this we also know that this company is reliable when dealing this situation since we see that there's no costumer complaint happened after the hacking incident occur to them. Guess instead of falling out Metawin get good trust score with their community after this hacking incident happened.

I believe that it will not be a big problem if the participant receives a withdrawal to his wallet not after 1 minute, but after five. And if need to involve several additional people to make a manual withdrawal, then it will still cost much cheaper than searching for the stolen $4 million.

I do not know how Stake.com withdrawal problem is currently being solved after they were robbed of $41 million, but it would be stupid if they did not learn a lesson.

What you should know also is that, those site's that pause withdrawal endlessly because of this kind of incidence, are also part of the hack or scam, because there is no legit plartform that won't have cash reserves in case of emergency such as this one, and that is what the safu account is all about, it means as long as your money' in in such a plartform it safe when the platform is attacked, so for sure their reserve fund's is always there to help in such situations.


But for those ones that take advantage, such like in the case of FTX it was a deliberate action just to limit and withold customer fund's, that is why they paused withdrawal for no just reason, but Metawin is bigger than such shady practice and their will rather face thing's as it is

Well, if participants doesn't withdraw their money then that cold be more good for Meta run in long term but as we know they're allowing participants to withdraw the money and that means the $4M doesn't impacted their bankroll that much. However, we all know that $4M isn't a small amount for a new casino but since Metawin has been there for sometime and I believe they won't get impacted by that hack to high extent.

yeah, no self-respecting company will just sit idle and continue with what they are doing after being hacked. if they want the customer's trust they will improve their security and I expect MetaWin to do exactly that since it is the best way to show their commitment to the people using their gambling site.

This is nothing surprising but metawin has started lowering down withdrawal limits for web3 wallet.

For instance, $2K for brand new accounts and old members with $10K+. If you do however have more than 10K to withdraw, skel has given the go signal to ask in support to be checked. As long as there's no problem, should be good to go. Metawin has paid winners of 6 digits or more before.

Overall, this is for the better good.

PS: information is from discord. announcement will probably come soon

Nothings change it always happen to any crypto businesses if they lower the web3 withdrawal limit.
Web3 still have lots of issues these days most of the people being scam or end up lose all their holdings through web3 so why not stop using web3 when depositing unless you always care about the fees.
Bitcoin and doge are best option for me when it comes of depositing and withdrawal no 3rd layer like web3, browser extension like metamask I feel not comfortable using even my laptop. That I stay using main coins than tokens when making transactions.

Definitely a needed adjustment after getting hacked. This way, if it happens again, at least they won't lose as much as $4 million. It’s still one of the top casinos, especially with instant withdrawals and no KYC needed for gambling. Plus, I love how active Skel is - it really gives that community vibe, you know?

Yeah. They probably tried to cash them out as soon as possible. But they did not think about getting caught using Centralized exchanges. I guess they did not fear getting caught because they would never use their own account to do any transactions. They are probably going to use dummy accounts, which are possible to buy from the internet.

Where did you get the information that Kucoin will cut its 40%? Could you please refer to any article or news? If any exchanges are going to charge like this, they are thieves. Why the hell would a company cut 40%? I would donate it to hackers instead of an exchange.

looking forward if the team recovers back the amount.

Well, we can not tell if they did it intentionally or not but sometimes they don't use their details to create accounts on those exchange and even if the exchange discide to carry out an investigation on the account, they might be holding someone else rather than the scammers and they probably must have also move out the money from that exchange before they could even be discovered.

Exactly. If that money is still on the exchange, the team already mentioned that the funds have been traced. The last known trace was through KuCoin and then nested in HitBTC, and since these exchanges are regulated, they’ll likely cooperate with authorities. As for how long it’ll take to recover the funds, that’s still uncertain. But either way, the casino is back to normal now, so let’s just wait for the official updates and try not to speculate too much.

Ooof. 4 million is not an amount to sneeze at.

Which nested services did the the stolen funds get transferred to? 

But honestly, the fact that they took quick responsibility is at least a sign of a good casino. Others in their situation would have been trying to save face instead of admit their situation.

Here is the thread.
Stake.com Hot wallet robbed for 40Million + usd (Confirmed by stake) (https://bitcointalk.org/index.php?topic=5465626.msg62794441#msg62794441)

I didn't follow up the news later on after then, so I can not tell if they did recover the money back or not but am sure if they did, it wouldn't be a hidden information.

I also did not follow back on this news to find out if the money was later recovered, but I remember reading some news some weeks after the incident and It was said that Stake security team were able to identify the group that carried out the hack.

The name of the group was mentioned but I can't remember anymore, and they were said to be based in Russia.
The group is said to be one of the worlds most rugged and sophisticated hacker group, they are of course faceless, but the brand is very popular, known worldwide by most and top security experts.
The fact that they are faceless makes it absolutely impossible to catch them, and also kind of impossible to recover stolen funds from them - they are very professional (if I should use that word).

HitBTC is using bitcoin address that starts from 3. Bitcoin addresses that start from 3 are nested addresses for single signature. Probably that is what they are referring to as nested service. I am not really sure about it. If it is multisig address, it is still referred to as legacy bitcoin address but multig. I do not know if HitBTC is using singlesig or multisig. Multisig is longer and have 64 characters.

From the event, it shows that Metawin is already a well established Crypto Casino with topping up 3x the amount of what is hacked simply means they have a deep pocket.


Indeed it was a stupid move because they can be traced, I wonder why they don't mix the fund through decentralized exchanges.


It looks like the hackers are in a hurry to cash out the hacked amount, or the hacker are newbie on the field.  Other hackers will either mix or let the amount sit on the address while continuously moving the fund to different addresses until they remove the trace or history of the fund before sending it on the exchange platform.

The news from metawin is quite surprising, because so far it is rare for a casino platform to be hacked, hopefully the stolen funds can be recovered soon and the perpetrators can be found, the metawin team's performance is very fast and has activated withdrawals

While it was two days ago, the management and its campaign manager from the forum LM said that they're already fine. Casinos and exchanges are always the hot targets of the hackers and that's why they're not rare targets in being hacked because these robbers see them money inside.

They probably haven't thought of that and got excited when they successfully breached metawin. So, this dumb move could them into freezing the funds wherever exchange they've sent it.

Though stake.com has been a reputable site that values their users and their interest, days ago I was playing plinko from there site and I noticed that they are so smart than any other side. Though have used a local casino to play plinko but it was that smart to compared to stake.com.
Yes news like this you are supposed to follow up to know how they are gradually recovering their users funds or could it be that there funds aren't affected?

As at the time stake hot wallet was hacked, a year back, alot of crusade where made to the public to create awareness among other cryptocurrency Casinos to take the matter of security very serious, but at the end, many of them did not get to the level where their can be above those hacker's and that is why casinos like meta win could get hacked at this period of time, and for sure many others will still fall victims.

$4million is quite a huge amount of money although not as huge as stake own incident, but then as at the time this is happening, it is quite ods and bad timing.

But the good part is that, no gambler lost any money of the casino and also The required liquidity have been refilled back into the hot wallet, so the meta win team can continue with operations without any disruption.

It is not really that rare, any centralized service that manages quite a bit of money will always be the target of hackers, which is why casinos, exchanges and centralized successful coins are often the target of those hackers, and unfortunately due to the accelerated growth of this market, it is common for the security of those services to not grow at the necessary speed, giving hackers the window of opportunity they need to steal those funds.

Recovery of stolen funds is not always an easy job as it involves a lot of collaborative efforts from multiple players and actors including the authorities. The safest thing to do is to avoid getting hacked but it is unfortunate that bad players always find a way to exploit any system through any vulnerability. It is actually great that Metawin is able to restore everything to normalcy within a short time. If this happen to a small casino, they may not be able to recover from it.

Any platform or casino really be a would be target of attack if they see something they can take advantage on. The hackers find some loophole in Metawin that's why they succeed. But what good thing about this is despite of losing $4m which is huge amount for us still they manage to bounce back and make sure that everything is fine and no costumers funds has been lost.

This is how we gonna choose a casino to gamble since it will give us confidence that they have huge funds and they are responsible team which immediately control then give proper solution so that people will continue to trust them.

It is only a matter of time before any site will be vulnerable to these scammers. Just think that they will always find some bugs or loopholes to penetrate the site especially those with funds involved.


Wow, heard again the HitBTC exchange. Thought they are out of business already. Anyway, if someone is good in crypto tracing, they will find a way where to locate those funds.

What’s done is done, and I doubt Skel will let something like that happen again with the same, or even worse, damage. For now, at least they’ve put a system in place to improve their internal controls. But the core process will stay the same, as Web3 casinos are all about quick withdrawals, and they’re supposed to operate that way.

Right, and it is going to be a mouse and game for this owners like casinos from the cyber criminals. We even have a state sponsored hackers who looks for vulnerabilities and steal money from crypto services. So this is not going to be the last of those heist, although Metawin will have to make readjustment regarding their withdrawals and most likely the support staff as well who are monitoring everything in a 24x7 basis.

And if not for the casinos that they target, it could be the gamblers who might be vulnerable as well. So for now, we should really be attentive of any such attempts casinos or we gamblers. Good thing is that Metawin is already back in business already.

Especially when said sites are using "scripts" or just pre-written code with outdated dependencies, then all the attackers have to do is look for CVEs that affect the dependencies of the website - and the deps are easy to read by an experienced hacker if they know which JS files to look at - and then activate the exploit.

More casinos should be updating their platform on a daily basis.

In fairness to Metawin CEO, they immediately solved such a big issue. I hope all reputable casinos online have such quick action that hackers do on platforms similar to casinos like that.
It means that the action they took in that matter was good.

It's really interesting. When I read the article, I can really say that the users of MetaWin who play there are safe. I will try to play there on MetaWin next week and find out what
there is that can be played that is not available in others.

Hackers are always looking for vulnerabilities to exploit in any system, so they can steal money from them, in Metawin they found it in their withdrawal system. It is good that the casino were able to swiftly recover from this and now i am pretty certain that they would block off every possible vulnerability in their system, and make it harder for scammers to penetrate. With the way the casino handled the issue, i think more players will have trust in their service.

What I like about CEO of Metawin is they don't want their community to get worried about possible negative things happen to them. This fast taking action and give good solution to the issue they encounter is great indicator that they value their business and those people who gamble with it that's why it gives me more confidence to play in their casino.

Skel is frequently giving some rewards or benefits to people and this show some consistency on their end and I guess right now this hacking issue is not a big deal anymore with people show some concern about this latest hacking. $4m is just small amount for Metawin since they provably earn more that this amount and for sure they can recover soon.

That's how business should be done. Metawin invested a lot in promotions to attract gamblers, so they won’t allow negative news to ruin their casino's reputation. This industry is all about trust, casinos with a good reputation get more players. Even if they get hacked, being honest and handling it well can keep loyal gamblers and maybe even attract new ones.

Instead of spending too much on promotions, they should have worked on the security of the site. I know they learned a lesson now, but what if the gamblers playing there lose their balances in this hack? If this hack and breach is done once, then there might be possibilities that this might happen once again. A hard-working man will think twice about depositing his hard-earned money in such a type of casino. I know Metawin is a big platform, and they handle these types of situations very professionally. But I am just keeping a common man’s point of view here.

That's the issue, if such money is stolen, it is hardly recovered back, or perhaps will take long years to be recovered. I remembered the Stake's stolen funds immediately after I saw the headline of Metawin and it was even $41m with Stake with a few extra bucks too but your post made me recount the recovery part, it might have not been recovered. This made me make some findings online and nothing stated the funds were recovered on any media outlets. The money might have gone for good, this is the hard part of letting loose your guard and it might be more difficult if an internal comprise is also part of the conspiracy.

Yes you are right, like we know hackers never takes their hands off from casinos or gambling site, even exchanges are likewise facing these issues but the main thing should be on applying on more sophisticated security line, were it would be too hard for them to penetrate with these sites. Apparently, we know that even those hackers are also exploring more strategies to break through them and of course most of the hacking news we often hear are from insiders so it is not a new thing to hear that trusted site like this are being hacked.

If they could do both, why only choose one?

I'm sure they're confident in their security, but no casino is hack-proof. Even Stake, one of the biggest, got hacked before. This shows that every casino is vulnerable. As gamblers, we should understand that getting hacked is part of the risk, and we might lose money because of it. But think about how much the casino loses when it happens.

It's obvious though, casino either land base on online are heavily invested on their security. Bu the thing with online though, is that there are a lot of threats as they could be under attack from state sponsored hackers, or from some random guy who's still living in his parents basement hacking this sites.

If that is the case then Metawin should covered base on their investigations, the money that the supposedly their customer loss from the hacks. But in this case, it's different, it's their wallet that was drain and not the casino itself that's why no customers are affected if I'm not mistaken. And with that, as gamblers, we should really be very careful of our accounts as well in gambling sites as we are also the target by this cyber criminals.

I don't know how they said it but I think they should have chosen both. Security on the site First of all, if the security of the site is not there, then how will they control it, so they must ensure the high security system of the site.
Second, they must continue to borrow the amount they have invested in advertising. Because if they only looked after the security system and did nothing to promote the site then the site would not be so popular. Should have come forward with site security and promotion but maybe they did something wrong anyway hope they can recover very soon.

Yes, you are right. We are always at risk with it. But casino sites are more risky than we are. In fact, it is not understood how hackers can hack system wise, there are so many high security sites, yet hackers target them and grab a lot of money. Actually it seems to me that professional level hackers do not understand any security system in any way they are able to hack. For this it is necessary to ensure good quality security behind a casino side.

How could the hacker even get to the customers' balances when that wasn’t the target? Of course, these hackers are gonna prioritize the bigger money, and that’s the $4 million they managed to hack from Metawin’s hot wallet.

They haven’t said anything like that - it was just our assumption that they were both handling their marketing and security well. But then this hack happened, and there's nothing we can do about it now. At least they managed the risk well enough that the damage wasn't too big or threatening enough to shut down their operations.

If you had read the thread on the link I sent, you will realize that players funds was not affected but rather the money was moved from their wallet address. If players funds was affected, then you must have seen many complain here back then.

Thanks for the update OP. I have just noticed it now. Good to hear that everything is fine back to normal. They do well managing the risk so that the damage wasn't that big to threaten users assets.
However if the incident confirm how much MetaWin has such a financial stability, it reveals how it still has loopholes in their security system.

It's not common to hear about casinos being hacked, so surely this incident may dramatically has impact on the reputation of MetaWin, and its customers may start looking for alternatives. I really hope that this wouldn't happen because a big withdrawal wave may cause the whole casino service shutdown. Even this is a weak possibility as time goes by since four days, but it's always a possible scenario. 

It's not as easy as it sounds though, you can only react from this kind of attacks. Although for sure they have some kind of penetration testing before, but still hackers now are so good that they will find a loophole in your system without you finding it out in advance. And 99% of the time, casinos or any services for that matter are late in reacting to the hacks and they have lost a good amount before they identified it like in this case.

So now, what Metawin can do is to chance their protocols or what has been agreed upon during the withdrawals, maybe now it might take some time for them to review it first specially big withdraws. Hopefully though, Metawin users or customers will have to understand it as it might not be as instant withdrawal as it used to be.

Such an amount stolen in coins can't be recovered just easily as you guys thinks, even the one that was sent to centralised excahges, may have hard time being recovered because some of the policies of those centralised excahges cover's the protection of users right as regards to deposites, so not just that easy, there must be legal procedures and court orders for such accounts to be frozen.

So metawin have alot of hard work to do, in trying to recover theo stolen $4million, because majority's of that transactions where sent to personal Wallets which could be very hard to track.

The casino lost money, it's the same thing, if they lost 2 million or 10 million from their own funds or from customer funds it's the same from an accounting point of view because even if their customer funds are intact if they have no money for their operation they would have to close. If their customer's money were gone they could reimburse that from their own funds but were left with no money again
In short, it's a matter of left or right pocket, it doesn't matter from which the money was taken, it matters how much was stolen to what they have!

You are right, an exchange plaform can not just freeze the funds on an account if they are yet to either get a full verification of where the fund came from, and even at this, one will still have to obtain a court order to effect the freeze.
I remember vividly one time that I mistakenly transfered money to the wrong bank account using my local bank account banking app here in my country, I went to the bank to complain about the errorneuos transfer and to see how the fund can be reversed back to my account, the bank said that they can not reverse the payment since they not allowed to take money out of someones account without their consent, they told me they would freeze the funds, and then ask the consent of the account owner before they can reverse the money back to my account, they also told me that before they can freeze the fund, I have to get a court order first, the process was very long and by the end of the day, I was not able to recover that money back even after obtaining the court order and the claiming they had freezed the fund.

I believe this is how online exchanges operate too, if Metawin will be willing to want to try to recover their lost money back, they will have to start by involving the court, and then working closely with the exchange where the hacker deposited the funds, this is if the hacker have not withdrawn the money and then abandoned the exchange platform.

They need to cooperate first to the authorities before that govern entities will order that exchange to freeze the deposited amount or the assets have those account owned by the hacker reported. That's why it needs swift action before the hacker totally pull out the amount they stole from Metawin.

But base on things happen and what we can see on them they don't much affected of the hacking incident happen and they continue to do their thing with no costumer complains happen. Yet we can see that Metawin have deep pocket and can cover up those losses. This issue bring lots of exposure them then also people got more confidence because people know that this casino is not the same to other small time one that once they experience hacking then their whole operation collapsed.

Correct me if i am wrong, but crypto casinos usually have pretty good revenue, and $4 millions shouldn't be hard for bigger ones like metawin, and they are even getting it back.

Here's their latest volume according to dappradar:
https://i.ibb.co/KXMbKv7/image.png

I mean metawin is giving away >$700,000 weekly with their race prizes! Why would anyone think that they wouldn't have buffer money for emergencies? Stake was just hacked for $41 million last year and they didn't even get it back. But it didn't even make a scratch to them, because their revenue is so huge. This isn't 2015, when something like this would have been the end. These days sites are able to absorb way more financial losses.

With the data you've shown, it's clear that Metawin wasn't heavily affected by the hack. With such a huge daily visitor count, they can easily convert that traffic into money. Honestly, $4 million could just be a week’s profit for them, so the loss is just a small hit. You’re right, Stake lost $41 million but kept going strong. When a casino gets hacked, it's really a test of how prepared they are in terms of liquidity. It shows whether they’re truly resilient.

This is definitely a dent for a big site like Metawin, but it's a dent nevertheless. You are seriously underestimating how much of an impact these dents make. They will make several important changes to make sure that there are no more similar dents in the future.

Those changes are usually layoffs, security protocol changes etc which are done in the background basically.

It's a casino, so I don't think it might affect them that much. They will definitely recover from the loss. Beside like you said, compared to the money that casino like stake had lost in the past, the $4million might just be a short term profits them make on a weekly basis.. from many reports I've seen on this thread, it shows that metawin has enough traffic to generate more than enough to cover up their loss.. though this will also help them improve on their security system..loss is part of the game we should remember that.. and we all learn from our losses..

However this a sign that that they system was vulnerable and no one knew the reason why. It might be due to flaws  in their information system security or some human related factors which has allowed to breach their hot wallets. BTW, the potential of any wallet breach is factor  which prevent me from keeping large sum on casino's account, thus I used to use the withdrawal om my wins ^{if any} as soon as possible.

Thanks for this. I forgot about dappradar tbh lol. Though, it appears it only displays the ETH chain and metawin supports many coins so it's likely more than this, too. I personally prefer cheaper alts like LTC, SOL, MATIC if I can help it.


Also watch out for the end of the year event. Metawin is set to giveaway 6-7 digits in USD. $500K is starting point. Official announcement is very sooon.

I guess no one just expect that to happen and that is lesson learn for people who manage their casino that they should tighten up more their security and check on which area the hackers would attack them so that they can avoid any other hacking issues that might happen again in future. But we see how Metawin do some action and eliminate those fear immediately that's why instead of people losing their trust in this casino they gained good confidence since they see how the team manage well the unfortunate situation happen to them.

We should keep away huge balance to any casino account and deposit only the amount we can afford to lose or afford to spend.

Casinos have become easier victims for hacker's compared to any other services providers in the cryptocurrency industry, because aside from the last two years that we hard an exchange crisis FTX which was not a hack sort of, but exit scam from the COE but in the same two year's we hard the news of many casinos that have been hacked none stop, e g, stake.com was hacked and about 40 million dollars plus was stolen and som e other few local casinos that I know.

And in all of this, none of the hacker's have been caught and persecuted yet so the task of getting the thief's is really hard on the team considering that the hacker's stole cryptocurrencies which in most cases so hard to trace and track it movement.

But since the metawin team said some of the stolen coins were sent to a centralized exchanges, hopefully that could help in some instances along the line.

It's always an inside job. I repeat!

Taxpayer money gone missing?

Yeah. I bet it's third party modules or plugins. It's brics money now from what I assume. Theft is legal in some countries..

Your GPS got jammed? Also brics.

Metawin really need to look into their security system really because if such a huge lip hole can exist and this hacker's taking advantage of it, that means there may be some other lip holes that metawin may not be currently aware of, and could be used as a point of attack for them in the future, because having allowed Ethereum withdrawal of up to 25 Ethereum without KYC is somewhat out of thoughts for a centralized platform like metawin.

Although they said that their will be working to improve their security situation and conditions which I know it will be changed from what it used to be, because such incident if repeated know one knows how much will be lost by that time.

Although no customer fund's was affected in all of this, which is something to be happy for and the team was able to rectify and fill up the hot wallet almost instantly when the incident happened.

That possibility cannot be discounted, but there are no results from the investigation yet, and the hacker’s identity hasn’t been uncovered, aside from some of the funds passing through KuCoin and HitBTC. If it was an inside job, no matter how strong a casino’s security is, someone could still find a way in. As for taxpayer money, that’s their own money that’s gone, none of the gamblers’ funds were affected per report.

Yes, it can't be ruled out, but given the overall reliability of the person making the claim, the claim is about as reliable as saying it was a hacker in Putin's service or that it was the CIA itself. Already if we take into account the second part of the statement it is a total nonsense.

I would have loved it if you could elaborate on the inside job of a thing. Although I do not trust any establishments 100%, the management is still exonerated so long as they do not allow the hack to affect their customers. But the employees? Well, I can't say of them. If that is the inside job you referred to, then it could be appropriate, except that the taxpayers' money you added makes it point an accusing finger at the management, which I do not think is the case here.

This hack is unfortunate but Metawin had its own security flaws (https://www.onesafe.io/blog/crypto-security-metamwin-hack) according to many stories from different sources. An employee privy to some flaw like that of the "frictionless withdrawal system" could hire his evil actors to perpetrate that heist, and guess what, they claimed it was easy.

That's the worst part, just in the name of a flexible deposit and withdrawal system. They should have understood the system better before venturing into it.

Searching an update regarding on this case but it seems they didn't release yet their investigation made or they are not done yet tracing the person or a group do this crime. But won't gonna buy those nonsense claim towards what they say about inside job or anything until there no proof has been shown.

Its hard to believe that they would do that since for sure they don't need to create certain issues since looking at their casino they are doing fine and so far every gamblers still have confidence on their casino. Guess we should wait for further updates about this case or if we could see criminals get sued in this incident.

I don't focus on the account but on what's posted, and if that hadn't been mentioned, I wouldn't have thought about the inside job angle. Anyway, I guess Metawin didn't really panic about this hack; it's like nothing happened, the business runs as usual, promotions are ongoing, and that's already a good sign.

Taxpayer money?? I tried to take it seriously, but you're right...it could be nonsense, lol. But you could also look at it as a loss which, if that hack hadn't happened, could have been considered income, meaning part of the tax due would go to the government.

While insider money laundering scams happen via "theft", they found the money, so what kind of inside job would this be then? Or did you just read the headline?
Also, what  this have to do with taxes or taxpayers? Metawin's userbase is global minus the common restricted areas.

Anyway, end result here will probably be that there will be no more instant, frictionless withdrawals, unless they find a way around the exploits. I am amazed how long they managed to keep those running anyway. I would imagine that there would have been legal hurdles that made those impossible anyway, but i guess they have found a way.

Well, I don't know but to be honest with you, most hacks are usually insider job, there is this common saying in my place that "it's the rat that lives inside the house that went and told the rat living outside that there is smoked fish inside the house"..

All hacks that happened usually is carried out through a backdoor, and who opens this backdoor? It's some one from the company's team who have access to the database of the the company's online website and product.

I agree that the issue of Metawin hacks have nothing to do with taxes or taxpayers money, I don't also know where that dude got that idea from, but all the same, as for the insider job thing, it's highly possible.

Money laundering has nothing to do with an inside job. What he probably meant was that someone with inside knowledge accessed the funds and hacked it - that’s what an inside job is. It’s when people who steal could either be part of the company or have people on the inside feeding them information to pull off the hack.

I'm also lost about his comment on this.. :)

AFAIK, there's still instant withdrawal but limit of amount was already reduced.

I believe that this might be the reason in some cases and there could be cases, where it's just insurance fraud, or indeed a tax fraud by reducing capital gains at the end of the year (which it definitely wasn't in this case). But i don't have any proof for my beliefs, and you sound like you could have, as you sound sure about it.

From what i know about hacking, is that when employees are blamed for a leak, or opening backdoors, it's most likely because of social engineering (https://en.wikipedia.org/wiki/Social_engineering_(security)) techniques, rather then malicious employee.

It will just look like employee willingly leaked something, or gave an access, when indeed they themselves are hacked. People who are working in casinos only have security clearances because they are vetted hard and have gone trough a tough screening process. They are also being monitored after such hacks, so one would assume that they wouldn't want to risk it just for money, as they are obvious suspects, and might see inside a jail cell way more likely then the money they helped to embezzle.

The heart of man is desperately wicked bud, and you really can never imagine what some people are capable of, forget monitoring, there is a solution to everything except death.

Over here In my country, there's been a case where the developer of a company secretly hired hackers from outside the country, there was no meeting with the hackers whatsoever, all their discussions was online on a special device well encrypted..

Long story short, the developer found an opportunity and immediately, opened the backdoor the hackers to gain access into the company database, the door was open for around 2 weeks before the hackers attacked, made away with lots of money and vital documents..

The dude provided the hackers with a wallet where his percentage of the money will be paid into, the hackers paid and went their way, and the dude did not touch this money until three years after he resigned from the company, by this time, everything about the hack has been forgotten, he played his card so well that no one suspected he had a hand..
Several years later, he committed another fraud and was caught and arrested, this was how his involved with that company's hack leaked out to the public.

Business has it own ups and downs so we ought to be prepared for the worst of eventually business turns south.
This must have been an insider work which had made the whole process easy to execute with ease. Everyone casinos need to tightened their security measures and to know who they are putting at the security department. I hope the funds that was lost can be recovered even though it's going to take longer since most of the funds went to centralized exchanges which can make it easier for the scammers to be tracked.

I just came across this thread...

 Bitfinex Hacker of 120,000 Bitcoin Sentenced to 5 Years in Prison (https://bitcointalk.org/index.php?topic=5519438.msg64741769#msg64741769)

The hack happened back in 2016.. and even though the stolen Bitcoins have been recovered, they’re still in the government’s possession. Just recently, the hackers were sentenced, but there’s still no clear timetable for when the funds will be returned to the exchange.

If we relate this to the casino context, a similar process might apply. It could take 5 to 10 years before the funds are recovered if the hacker will be traced, so a casino must have a solid buffer in place. That way, in case a hack happens, they can continue operations with little to no disruption. So Metawin really have manage that risk effectively.

I rule out that the incident was an inside job or a fabricated story. This incident is an indication of the weakness of the security system, but they are lucky that the amount they lost is not large enough to affect the system or the reserve fund.
$4 million is not a large amount for a platform like Metawin. I would not be surprised if I learned that Metawin pays a similar amount as profits to users sometimes.

The casino is running smoothly and the incident did not affect the reputation of the system. The signature campaign did not stop here on the forum and I believe that the casino succeeded in strengthening the confidence of users and benefited from the incident.

Metawin is now in their limelight, they can never fabricate such a story and I don't know what they stand to gain doing that. What baffled me is that you ruled out that it can be an insider job, lol, you shouldn't do that because you are actually assuming that. Anything can happen, that is the reason for the investigation, and with what I've read in some documentaries, you will be shocked at how some companies' employees and even the management at times attack their own company. No doubt, there was a security lapse but if Paul had not called Peter to come and see or exploit, some heist may not have happened.

Well with what I have seen so far with the casino I think this isn't an issue for them although I understand the importance to deliberate on the issue but I think little mouse have already cleared out the fact everything is working absolutely fine with the casino and nothing to worry as metawin came prepared and shows their are one of the bigs boys in the casino industry business.

I know a lot of casino's that if such case happens to them would be having tough time recovering from the event and also your statement about a casino actually attacking its own business is really kinda absurd because I see no reason for a business owner to do such especially when there are still active and running smoothly.

I guess its time for this topic to be locked by OP since I think we already get what we want here. Metawin still operating despite of hacking incident happen and we see that it didn't give them any issue despite of the amount has been taking out on their purse.

Metawin prove a lot from this incident and it solidify the trust of the community then it give certain satisfaction that they are not a small time casino.

People could check their social media and they can see that Metawin still running lots of promotion with huge rewards given.

Yeah, just like this promotion happening now, with the prize pool already over $650k..and it might even hit $1 million as the deadline approaches. You guys should check that out, and forget the hack as it has happened already and the casino is still intact.

https://x.com/Meta_Winners/status/1857334641750946095

An insider job does not mean the gambling site owners know about the hack. It can be some of their workers. There are some cases that were investigated that were later known to be an inside jobs. All are guess, no one know who the hackers are.

I know Metawin was able to deal with the hack in a way their business is not going to be affect but there would boost their reputation which is the reason I preferred to post about the hack and this forum. My post is about how Metawin was able to handle to hack like a pro. The gambling site have backups.

That promotion does look awfully tempting indeed, but I don't think the hack will be forgotten anytime soon since it was a major breach of security. They did solidify their reputation thanks to their excellent handling of the situation.

Insider jobs are usually connected to workers which is why I don't get why anyone would connect them to owners who don't stand to benefit at all. Makes zero sense.

It won’t be forgotten, but it doesn’t seem to have a negative impact either. And see Metawin now, they’re still super active with their promotions. It’s kind of like Stake, which got hacked for $41 million before. Look at them now, they’re even more popular and still growing their user base. Sometimes, setbacks don’t stop the momentum; they just push things to another level.

Metawin owner is a deep pocket that heavily invested on crypto and his casino. I think the loss is easily recovered due to the huge volume of players playing on Metawin. Metawin is one of the most popular web3 casino that actively do marketing on popular crypto community to try the casino using their own crypto.

Also the hacker activity is already tracked and the money is in the process of recovery. We already have advanced way of crypto tracking so Metawin can operate back to normal while still waiting for the result.

Metawin just flexing how strong they are even with this hacking issue.  8)

You are absolutely right and I completely agree with you, for a company that is highly dedicated to succeeding no matter what, what seems like a setback usually turns into a stepping stone to a much more greater heights, it's just like the way a bull that is getting set to run at a great speed to attack it's enemy will first of all pull itself backward, and then come forward with a full force.

When stake got hacked, I believe alot of persons thought that would definitely lead to their end, but as the news of the hack spread, making them much more popular, they knew well to manage the situation well and that put them on the spotlight, gaining for them even more committed users.
I guess metawin learnt from stake and I am happy with how they too have managed their hack incident as well.

There are many companies that have got hacked and are still in progress today because they have a good brand. Getting hacked should not be the end of the road for companies that have the ambition to be at the top of the market. There are so many casinos that have got hacked and are still in existence till now because they have a strong team and backups that can withstand such an attack that could lead to bankruptcy. Gamblers are motivated to keep using a casino that have been hacked before and still standing strong providing adequate services to users

Good thing, metawin is fast in detecting such unusual withdrawals. Otherwise, they will be bankrupt in no time. That amount is quite huge already for most of small casinos out here, so hard to recover if the site is small. With how metawin is running their contest and the rewards involved, it means, this site is one of the casinos that can handle large withdrawals.


If the site is financially stable and has good amount of bankroll, they can handle million-dollar hacking. However, if it is only small, hard to recover from such amount of loss. Some will just disappear without resolving the losses for its players.

Well it is not normal for a casino to get hacked, at least the casino should not take it lightly as there is some security flaw in the design of the casino that resulted in such hack. They should take every possible step as how to avoid this security breach, increase their security, keep them money in a cold wallet and also keep the KYC data of the users on a secure server. Even if the casino is strong enough to resume the activities after the hack, it creates doubt in the mind of the people if they should continue use that casino and if anything similar or severe may happen again  ???

You are right, absolutely right, it is commonly said in my place that "one doesn't get rich through getting and throwing it away", this simply means that, a man will not become rich by hustling to make money, only to later on allow thieves to steal the money, or he himself spend the money unwisely..

Every hack should be properly and thoroughly investigated regardless of how wealthy or rich the company is, and how insignificant that the money stolen from the hack seems to be, a lost is a lost afterall, and no matter how small or insignificant the money stolen is, it still can solve a problem or two in the company, or perhaps, pay the salary of few workers in the company if not all..

Though like I will always say that most hacks happen because of untrustworthy parties inside the company, so companies should always ensure that their worker can be trusted, specially the developers of the product of the company.

Its not normal for a casino to get hacked, if it happens there's really a serious problem happening.

But what matter the most on how the casino take action towards that sudden incident happen to them. Since we can see from that hacking incident if they are really a solid platform since some casino will just fall down after they experience a hacking issue. But those casino would stay because it doesn't give much any huge impact to them and can fix everything immediately and that's what we have seen on metawin, they fix those issue so that their community and those people who following the issue will not worry about the status of their casino.

Also see this guys.

Maybe one of you here became lucky and take this prize they give.


See it in this post https://x.com/Meta_Winners/status/1858621489429327876

I think this post of yours deserve to be at the right thread, here. VIP Transfer Season 2 Live | MetaWin.com | The First WEB3 Casino (https://bitcointalk.org/index.php?topic=5483159.1160)

they removed sports right after site is  joke now

More than once, we hear about successful hacking attempts. Sometimes these stories are exaggerated to the point of being unbelievable. The only logical explanation is that the story is fabricated to promote that the platform is able to cover compensation and deal professionally with crises. This is not the case with Metawin.

 Metawin Casino manages assets worth millions of dollars, and we must admit that the task is never easy. No one can imagine what actually happens with employees and the effectiveness of management methods. Some incidents can certainly be shocking, especially those caused by mismanagement.

They hacked or they paid to get hacked.
I never trust we are hacked news..Never ever !

Hehe, this is funny and sarcastic at the same time, but in the most logical thoughts, how can a company pay to get hacked, what will they stand to gain by staging their hack, I don't think any reasonable company and team will involve themselves in such a mess call a game., meta win have overcome the whole situation and we have to commend them for achievements because not all company can have such a reserve to use in this kind of situations.


As they mentioned in their update about the incident, they will be improving on the security level. I hope there have been steps taken to achieve that so that they won't have to worry about future attacks of this nature on the platform.

They’d be digging their own grave if they did that. There’s solid evidence that this isn’t a fake hack because they reported the incident to the authorities. By doing so, they allowed an investigation, and if it turns out they staged it themselves or paid someone to fake it, they’d be facing serious legal trouble.

With their license (https://cryptogambling.com/casinos/metawin) on the line, it would mean not only shutting down their operations but also facing a hefty case.

So, your statement doesn’t add up. Do some research before making claims, words carry weight, and spreading misinformation can be harmful.

 Skelhorn Commits to Restoring User Trust as Authorities Step In to Investigate Metawin Hack (https://techreport.com/crypto-news/crypto-casino-metawin-loses-4m-in-major-hack-exploiting-frictionless-withdrawal-system/)

Agreed. Seen this news on CT too, and I doubt this is some sort of stage hacked. Metawin is a huge community and one of the fastest growing gambling site. Its presence in forum is good and even on web3 due to a lot of promotions, bonuses and marketing.

I wonder why would think this is a fake one. But in all cases its fake, metawin already die already.

Good to post this information here since this post is also related to them and it will notified who's not a regular stay in their thread that there's something like promotion like this running.



That's why they cannot fake everything as what these people said since people can track and verify if the incident is true or not. People could see those proof and there's no need for them to staged this kind of incident since Metawin is already a successful casino.

Anyways since everything has been fix I guess people doesn't have anything to worry now.

Yeah I believe there are some staged incident but this one is crystal clear already. Why would a succesful gambling site resort to bullsh*t when they are operating for a very long time and got some heavy users.  Well if this is staged then they are low class to aim for that amount only. But thr truth is out and settled so honesty always pays off. More users now will trust metawin.

If they truly replaced those clients' balances, I assume they were hacked; if not, it was an inside job to take their balances. Hack news is the most effective approach to trend these days. If we're being serious, no legitimate hacker would transfer compromised money to exchange tied to their real life dentity.

You are right and I added it differently on the post you brought this excerpt. Trusted employees could do and undo, it's not news and it doesn't mean the management knows anything about it which I also believe is true in the case of Metawin. The management has nothing to gain in this heist since they do not let it affect their customer. This means that they are the ones who will singly face the brunt, we can only suspect the management if they are unable to pay or even close down.

I wouldn't get too conspiratorial about this. There are large sites that are hacked, despite taking many security measures, and this is because of the need to use hot wallets to process withdrawals. I think it is extremely unlikely that a site like metawin would come up with this, it gives them a lot more bad publicity than good, although seeing that depositors funds are guaranteed shows that they do good risk management.

And as for it being an insider job, it could be, sometimes it happens too.

To bad for them if they will be found out faking everything, but the way how it turns and days pass towards this incident happen there's no proof has been shown that this is an inside job.

What happen here is people got impressed towards how they deal with this situation and make everything looks like easy for them to solve those issues. Right now people almost forget about the issue if you visit their main thread and now they are talking about other events since people are not bother anymore with these hacking issues happen to their casino.

What will be your profit being stagnant in one place? Nothing other than you just wasting your time and loosing valuable opportunities at the end of the day..

The hack (if actually it happened) happened several weeks ago and you expect people on the Metawin thread to still be talking about it when the casino itself have moved on from the incident? This makes absolutely no sense to me,  sorry I am not shading you, but simply stating a personal opinion, there are better things to do with time than dwelling on the past.

When stake was hacked, it was talked about on the stake thread for like 2 days, as from the third day, users were already shifting from that to dicuss other things.

Everyone should moved forward already, the hacked had happened weeks ago and it seems that they have solved it already and also done their due diligence so that it won't happened again. Not sure where this so called inside job esteem from, but this is very bad and for those entities who spread this, it's obvious that they have their intentions from behind and I think that the gambling community will condone such actions.

And if you have to think about it, how can someone fake it when it involves a lot of money? Specially in this kind of business, so it's better to stop with this kind of insinuation as nothing has been proven that this is a self-inflicted hacked.

Metawin are scamming my brother and me and a couple of friends playing there also I've made several deposits like 18 of them and I don't gain on any spins or drop balls and here recently the last 8 deposits I've seen my.funds not but once go up they strictly
Go down we have a problem here obviously I've pkayed.online casinos for years and I've never seen something like this not only fro. .myself my brother  and some friends of ours they blocked me.and.my.brother from live chat on the platform  and WE are blocked from
 Discord they bloxked.my brother completely after taking 2k from Him and losing 300k mwin tokens  I have evidence from.everyone this is suppose to be a gamble not a donation we are in c contact with our attorneys your about to be reported and we are about to present this to authorities I've tried to speak with you so has my brother the results where blocked,  blocked and blocked you have stollen funds your breaking your own rules also you say you have a license then those that gave you a license are breaking there own laws when someone deposits you don't just take there money without support to a platform. Enough said you want to scam me and my brother and our friends then where coming after you with everything we have I don't care to hear from anyone no replies there truly a scam atleast they are toward us I ca t speak for anyone else we are not going to allow this to happen and for this idiot to continue stealing from us Good Luck

There’s a board dedicated for scam accusation which you can find here https://bitcointalk.org/index.php?board=83.0 although I doubt that your concern is a legitimate scam accusation because your issue is about your game.

I doubt that they have a rigged because they have probably fair system while they have no gain for scamming user with their while they guarantee profit on house edge. Probably you just keep betting huge amount that’s why you lose quickly your bankroll before a huge win occur.

You probably went aggressive towards their support accusing them as scammers just because you lose that’s why you’re block with their channels.

Well, I believe saying sorry for your loss is the best way to begin this conversation or discussion.
Look, let me tell you bro, ranting here with no form of evidence to proof you are right means nothing, if you are already in talk with your attorney and maybe you are keeping all the evidence for the case with the attorney, then there was really no need posting this here in the first place.

But not withstanding, the forum can help you and your brother, and your friends too, all you need do is go to the scam and accusation board on this forum, and write a well structured and detailed post about your experiences playing at Metawin, how you and your brother and friends were scammed, provide the proofs or evidences you have to back up your case, and then post it.
Leave the rest for the DT members of this forum to handle, mind you that does not stop you from proceeding with charging Metawin to court through your attorney if you guys have the financial capacity, but then, just incase you are not able, then rest assured that if you really have a good case, the matter will be escalated on this forum and the management of Metawin will have to refund you guys all that they have stolen from you, or they have their reputation ruined here completely.

Provably fair system is not that appreciated by gambler that doesn’t have knowledge verifying the results. They view as some random code that doesn’t mean assurance as fair gambling if they encounter a series of losing streak.

There’s a lot of user like this that still complain about the fairness of the game while they can verify it on their own.

Not all casual gamblers knew how house edge work that’s why they automatically assume that the game is rigged if they can’t.

That sound like multiple accounts abusing the promotions, first of all, if you and your brother and your friends are login on the site with the same IP, then you are doing it wrong, that isn't allowed on any casino, or at least most casinos will block multiple accounts with the same IP, and if your friends or your brother are using your affiliate link then again that some kind of abuse.

The fact that all of you are having that back experience sound tricky, i trust in Metawin, they are a legit casino, maybe you could talk with their support and try to fix the problem.

You are right, alot of casual gamblers out there usually will assume a game is rigged once they have played for a while and only thing they keep getting is loss after loss, especially if it gets to a stage where when the gambler already is tired and wants to give up, they then encounter a couple of winnings, which usually will energize and encourage the gambler to keep playing, only for him to continue to play again and realize that after some time, the losing streak has continued again and have ended up eating up their bankroll..

It's very easy for a player who had or have such an experience to believe that the game he or she played it rigged, I myself used to think this way as well, until I knew better to only play 100 percent luck based games only when I just want to have fun, and when ever winning money is important to me, I prefer to go with betting on sports where I believe there are no room for rigging by the casino themselves.

@Jbm1978, you can’t expect us to believe your accusation without showing proof or evidence. There are too many newbies these days who just show up to damage a casino’s reputation. If your accusation is true, you should use the proper board for it, the "scam accusation board." This is a different topic, and we can’t address your concerns here since you’re off-topic.

Absolutely well said bud, and let's not forget that fact that some people or gamblers rather; have this habit of attacking casinos through various means after they have had a bad loss they are finding very difficult to accept or bear...
Most usually resort to laying false accusations against the casino as a way or means for them to try to get their own pound of flesh, since they believe that as people read their false accusation and believe it, they would stop visiting or playing on that casino, which they assume is a loss to the casino as well, good reason why we must not take every accusations posted on the forum serious until it's done the proper way, which is, post on the right board, detail the accusation well enough and provide every needed proof to back every thing said.

Hahahha the hacker must be new or what I mean is he deposited directly to exchange? If So that is the wrong move since both of the exchanges required KYC if I don't mistaken, usually, the hacker stole the money made a deposits into tornado cash and did some bridge and swap before depositing to any exchange.

Meaning they should know the identity of the hacker right now right? But this accident ring me a bell to "The Stake.com Hack Explained: Unpacking the $41M Crypto Breach" and the CEO said same thing that the sites is can be used like regular and like nothing happen I believe casino Owner is super rich in my opinion.

Well for sure he knows already that no people believe on a pure statement post with no basis. So proof should be serve according to what they claim since we will just have this conclusion that he's a loser and can't accept that situation that's why he come up here posting those things to revenge on what he encounter.

Maybe better for those people plan to troll Metawin is to join on their current hacker bounty running and make their time more useful. here's the link https://x.com/Skelhorn/status/1861141802096431301 then maybe they can help  and win that Bugatti reward from Skel.

I don't care what any of you say I know what's being done here and i do have evidence a d.i do apologize for sharing g I. The wrong place and I'm being targeted as in ru.ors and people talking it's all good ignore what I've said here or delete it idgaf I k ow for a facts they have scammed both of us and 5 other people that are friends of ours it seems bitcointalks is being taking  over by greed and more scammers are moving in Bottom line is this they may not be scamming from.what your seeing or experiencing but for us they are scamming and we definetly have the proof so go fuck yourself how's that scammers

What I can understand from all that you have said is that, you accusing metawin of not being scammed or hacked as per say?
Because at this point you make mentioned of having a prove to that, so I am saying you should post those proves for us to see them, this will help us to know more about what really transpired in the metawin hack incident, so why not supply all the evidence available.

Bitcointalk members are not filled with greed as you said because, we all make our comments based on the knowledge we have is such area of topic or questions, this is a free contributions.

I loved how skel say this,

Obviously, he wants justice. It’s fine if he loses that money, but if justice is served, it’s already a win for him and the casino.
I’ve never seen a casino owner think like this before. You can really tell how much he values the integrity of the casino, and regular gamblers are certainly impressed by this kind of transparency and dedication.

This is the first time I am seeing that hackers decided to transfer stolen funds to a centralized casinos where their identity is well recognized. Why would on Earth an hacker dey decided to send funds to centralized exchanges?Id this attempt a stage one or something else is wrong somewhere. The major thing we want to hear is that most of their customers have gotten their funds back well completed.
I have seen few news these days where companies are applying for bankruptcy claiming that they were hacked.

Accusation will not stand without posting a proof that's why accuser need to know that they cannot convince people to believe on what they are saying if they cannot show those needed proof.

Also since he said that he has a proof that they are being scammed by Metawin then better show it here or either they create a scam accusation thread so that lots of people could see it and possibly warn people not to gamble there since they have existing issues with this casino. But since there's nothing to show so far here I guess that people will not gonna buy this statement and continue to gamble especially if they didn't experience an issue there.

Some gamblers have this habit of creating false accusations against casinos as a way of getting back at the casino after they must have lost a substantial amount of money to the casino due to luck not being on their side, this is why it is paramount that every accusation come with tangible proof, without proof, there is no way to determine if the accuser is telling the truth.

So, the above is a non-negotiable fact, gamblers ensure to provide proof when they are accusing a casino of any wrong doing, while on the other hand, casinos also provide proof when they are accusing a gambler of any wrong doing, this is how we maintain a healthy and scam free gambling environment for all to enjoy.

Not really that shocking into this aspect on which there would really be those individuals who will really be making up some false accusations at the time or moment that they do lose up something big. On the time that it do happens then the will be making up some false issues on which they cant able to provide any solid evidence and everything is really just that basing up into their impulsive emotion on which they cant be able to control. They do come up something into their minds on what it is and believing and making accusations on which they do really just that make themselves laughable on this case. Its really that important that you should set limits when it comes to spending so that you wont be ending up this way.

People like to capitalize on happenings and make what's unfounded look real. However, they often lack the needed proof, so it should be disregarded. And one of the first arguments and caution we had on this thread was whether or not Metawin is complicit in the hack and the argued back and forth concluded that even if the employee(s) knows about it, it's certainly not the management. We come to this conclusion because the management can only be involved if they want to steal people's money or bankrupt the casino. But the reverse was the case as Metawin's operation continued smoothly and unhindered and no serious customer complained at at time. So even if someone has a few issues with Metawin, it could be the normal ones and not the ones caused by the incident.

Usually such accusations, which are published in particular, for example, in the topics of some forum, in this case quite well-known and authoritative, like BTT, do not have real evidence of fraud or obviously deliberate fraudulent actions of employees or even casino managers. Moreover, I think that all now well-known and stable casinos, known to all of us here, also went through such or approximately the same accusations at an early stage of development. And even now, sometimes such accusations happen in relation to well-known casinos.
However, I think that 99% of such accusations do not have a real evidence base that could guarantee the corresponding guilty verdict against the casino.

Those accusation will not go anywhere especially if they just say it since it will remain a hearsay if they cannot provide proof. A legitimate affected user could show everything just to support their claims. So people usually doing this kind of trolling must provably know that what they are doing is not effective since they could see that people is not buying those negative statement they throw against those casino. We already see a lot of this action done by newbie accounts and for sure this kind of bad action would never stop since there are so many people cannot accept their defeats and do some action like this maybe just to bother the casino and those active people in their community.

Yeah. I also think that the resentment that some player lost at a casino can be a good reason for him to simply vent his anger by accusing the casino of fraud.
However, this is usually done by gambling newbies, and their accusations are almost always unfounded. And they have no solid evidence of this fraud.
But the information field around this casino is still starting to include such accusations. And this in turn still has some negative impact on the image of this casino in the mass perception of players. And of course we all need to take this into account and not give in too much to such unobtrusive and latent psychological influence.

I completely agree with you bud, but lets not completely rule out that possiblity of a marketing stunt, and first before details, understand that I am not trying to accuse Metawin of any thing, this is just for knowledge purposes born out of my own personal assumptions and life experiences.

As a Nigerian, you possibly have heard news of some music artist who fake their own death, just for the citizens to believe that a music artist is dead and carry the news around, and in the waze of that news, they release either a song or an album, believing people will rush to buy and listen to the songs out of curiosity, this is what is known as marketing stunt.

Any casino can come up and claim they were hacked, do some Onchain magic to make the claim believable, this may not be for any foul play, but as a means of marketing bad news we know travel for more than good news, when a bad supposed bad thing happens to a Casino, social medias and big news platforms will quickly publish the news and for free, which directly or indirectly increases the popularity of the casino, and when people learn that after such incident, the casino continues to operate normally without any user complaining of losing his or her fund, many big gamblers will want to play on that casino because they now trust the casino.

Again, I am not saying metawin did this, I am only trying to bring to our knowledge, the possibility of this happening as well..

Probably good marketers also use such techniques as advertising with the help of negative information. This type of advertising, firstly, simply reminds players of the existence of the casino itself. Secondly, if the incident is exhausted, it convinces the unsettled players that since all these troubles or accusations of fraud have been overcome, then this is like an additional guarantee of the honesty and good quality of this service. Apparently, in practice, in the information flow on the Internet, we all quite often encounter such deliberate advertising tricks.
Of course, they are based on deception and lies, but unfortunately, this is how the information flow has become in general almost throughout the Internet and for any reason.

You do got a point on which these might be that kind of indirect advertising about on how trusted the site would be at the moment that they will be able to overcome such issues but actually this is something that not really a good thing because once that there are some histories of hacking and other exploits then there are gamblers who do make out some conclusions that they should be leaving out the site because it isnt safe anymore and will be transferring into other sites on which it doesnt have some history of hacking or any similar incidents, this is why it is really that a big risky if they will really be that deciding on having this kind of decision if ever they do have some plans on having some fake out hacking incident just for some indirect marketing or exposure.

Trust isnt something that can be built up on a short period of time and anything that it is that pertaining about situations that affect out overall security and similar aspect then this will be bringing out this kind of impression that it will be that definitely be leading up on losing up some users or gamblers and this isnt good for the business.
So as an owner then it will be that risky if you will be decisioning with this kind of action or way of advertising.

But just a 1% probability, i guess...  
Do you really think Metawin would spend a ton of money just to ruin their reputation? That’s not what I’m seeing here.

I believe they were genuinely hacked. Considering they’re financially capable, they could give reward to whoever who could identify the hacker equal to the value of what was hacked, or even bigger.  When they reported the hack, they already involved the authorities. You know what happens if it’s discovered that they staged the hack - it would be corporate suicide. I don’t think they’d even entertain such a risky idea.

That is why the forum DT members do not tag right away after a scam accusation. The players do not always tell the whole story. They tell the part which will make them look like they are the victim. So, the forum members have to wait for the casino representative to hear the story of the casino side. If you hear from one side, it will look like they are the victim. Once a player create a scam accusation and submit enough evidence of scam and the forum members get satisfied with their proofs, only then the forum members tag the offender. So, there is no benefit of creating false scam accusation except for a little extra work for the casino representative.

I’m not part of the DT network, but I believe DT members should act like judges in a case. They shouldn’t focus on who’s accusing or being accused but should instead look at the evidence and decide which side is telling the truth. That’s the fair way to evaluate any case, not jumping to conclusions just because the accuser is a newbie or assuming they’re lying because the accused is a high-ranking account or a well-established casino. Evidence should always speak louder than reputation.

The fear created by this case has been fade away and I guess that Metawin is doing a good job for doing good counter action towards those issues happened to them.

If you look at their thread many people already discuss about other things and they already done to tackle this issue since there's no other thing to discuss since everything has been handled well by their management. If there's instances that this hacking issue is stage I guess its hard to prove this situation. But since there's no people got affected in this issue so maybe best for people to get back on things what they do and just be cautious dealing with this casino and put only the amount what they can afford to lose.

Sometimes, even bad news can work in favor of a casino. The crypto gambling industry is growing rapidly, and the competition is already fierce. However, news like that can serve as unexpected publicity, grabbing the attention of gamblers. In a way, it ends up being a blessing in disguise, as it generates buzz and potentially draws in more players. It’s one of those situations where negative press still works as free advertising.

if you have evidence post it, you can even hire lawyers and provide the evidence to them to force the casino to refund your and your "friend's" money 🙄. all this accusation you are making without posting any evidence isn't doing you any favor in this forum, if you want people to support you, provide evidence that backs up your claims, right now your post sounds like just a rant of someone who lost to a casino.

Me neither. There might be some DT member with questionable behavior, but most of them are fine with their judgment. I do not see many cases where DT members tagged anyone without any evidence. If you check the scam accusation board, you will see a dozens of scam accusations are getting created every month. But none of the opposition are getting tagged.

It is because either the scam accusation is invalid, or the casinos are solving them promptly. The other reason could be, the accuser was not able to provide enough evidence. So, I would say the DT network is pretty much well balanced.

If they had to tag every casino that is accused with an accusation similar to this one, there would be no casinos left on the forum without being tagged. And given that in most cases, in the vast majority of cases, the accusations are unfounded, what they would be doing would be to expel casinos from the forum unfairly, and many of them spend good money on advertising here through signature campaigns, so it would be like shooting themselves in the foot.

When there have been real problems, casinos have been red-tagged, I remember the case of Bitlucy or Betnomi, which later reappeared with a compensation plan.

So things are fine as they are. If it is proven that a casino that has an account on the forum is defrauding customers, it will be red tagged, but let's not expect this to happen at the slightest accusation.

Any claim without evidence is like an empty clock without wings and a waste of time. There is nothing anyone can do and people will not take his claim serious because he has failed to provide any evidence as back up. There are some cases that after providing evidence, you will see that the gambler is at fault an not the casino. Maybe, his case is the same.

I am part of the DT and like you said, I will also agree that the DT network is well balanced at the moment, personally, I have not come across any abuse of this power or privilege rather, though I would also agree that in the past, we have seen or witnessed instances where some DT members use their privilage as DT members to harass or intimidate users with lower rank and or not their friends or DT member like themselves, such experiences have greatly reduced and almost non-existent anymore.

Right now, all active DTs do well to emphasize on the importance of providing valid evidence to every case, because that is the only way or means through which we all can tell who is truly at fault and who's not, and dish out proper and unbiased judgment.

Bot only the DT but everyone here can be part of the judgement since it needs a public opinion not few users since the forum trust network is decentralized. Those DT is once not a DT until they get the power by simply displaying a quality of being trustworthy.

Not all DT is always involved on scam accusation board since some of them manage to be on DT because of multiple deals to other DT that makes them trusted.

This is the reason why the community is needed to participate not only the DT.

$4 million worth of crypto is quite a sum, but for a popular online casino that's nothing special. Still, good for Metawin that they were able to recover from the hack and resume a normal workflow. Interesting choice of exchanges where they deposited the hacked coins. HitBTC was always shady as hell. It might even be someone close to the people behind the exchange who could ensure that the hackers who deposited into those custodial wallets wouldn't run into any difficulties.   

They don't have real evidence but just for the social media idiocy and many other people trying to drive traffic to their channels and websites, they are the ones heating the polity nothing else. They cause uproars and bring up their thoughts and present them as real. Well, that's one out of many of such. But at the same time, some bad heads caused people to believe some stories no matter how far from the truth they could be. We've seen employees perpetrating evil to swindle the company and their customers and we've also seen companies playing hacking but to steal all or some of their customer's money.

Well, you do have a very valid point, if at any level, the hack was going to be investigated, I would suggest that hitbtc be investigated as well.
No body uses this exchange this days, because not just that they lack credibility and good reputation, they also lack volume and liquidity, and I believe the hackers know this quite clear, but still, they choose hitbtc over other popular and more used and reputable exchanges, this leaves me with this believe or assumption that the hackers must have stuck a deal 🤝 with hitbtc to help ensure that the token funds was exchanges to other currencies successfully and transfered out of the exchange to avoid any traces.

Up and until date, I still have funds on that shitty exchange which I am unable to withdraw, and to see that some one somewhere choose that exchange deposit that huge sum of money is one I would say does not happen without a motive.

I can't just overrule this case here but let us also reason out of the box right now; do you know if that the hacker uses other reputable exchange such as [binance, okx, kraken, bybit or bitget] they would easily be noticeable why? Because there is an eyes on those exchanges and people are actively using those exchange to trade. But on the contrary, if the hacker uses an exchange that has no so much attention then they could do whatever they wanna do without being track or trace of their evil did, but without knowing they could still tracked them down to that exchange.

One thing you must know is that, hackers are always smart thinking the best possibilities to explore things out from people's imagination or to  be easily obtainable by other people if they decides to executes a specific function or an ill activities, they usually takes it off from normal human thinking to cover up their evil did before becoming caught to what they have done.

Metawin at the earliest point knew how to follow up with this situation and that is why they gave reassurance of their steady and none stop activities regardless of the hack and also made efforts to reload the hot wallet to sustain service and activities, HitBTC is one major destination of the money but not the whole stolen funds, so when the team reported their said tracking is in the process but that is going to be as difficult as hell also since criminals know how to conceal their stolen bounty such as this one.


It's been quite a while now since this incident happened and until now nothing has been hard as regards the development of the recovery, but as you rightly said, this hack is likely a collaboration between an exchange and an insider leak of the security of the casino.

These exchanges operate only on information provided to them; they get millions of deposits per secs and have no means of knowing which coins was stolen and which was not, unless Hitbtc was given a hint before the coins were taken there's nothing they can do.

The last time hacker deposited millions of stolen coins on Binance, they were able to withdraw part of them before Binance suspended the account after being notified. The only thing HitBtc can do now is provide the appropriate information on the deposit account because it has already been KYC'd.

I’m not sure if HitBTC has a KYC implementation that meets proper standards. If not, it could make it easy for hackers to manipulate the process. Since this exchange lacks credibility, it’s fair to compare it to Yobit, which is still widely used despite not requiring KYC, and both exchanges handle significant crypto inflows and outflows.

This is not going to be an easy trace because many of these criminals knows what we know are what we are expecting. If the team can pure more pressure of the security team that is in charge of this case, they could reach a final point. The criminals had done their worst so it's left for the team to engage in more serious out put so that they will not lose customers due the fear that their funds might not be refund or due to the fear of this happening again. Many of these hack scenario never repeat again in most cases due to the new strict structure of the casino.

Hitbtc is sure in the same category as yobit, I am even surprised to learn that yobit still exist, this is one of the very oldest exchanges I know that still exists, and they seem like stagnant, no increase in popularity and on, alot of exchanges have come and in a blink of an eye, overtake this exchange in all ramifications.

I also doubt hitbtc has a kyc system that works and meets industry standard, considering how shady their business model is, I doubt the hacker even went through a kyc verification process before he was allowed to deposit such a huge amount of money, I operated an account on this exchange for several years and never did they ask for any form of kyc verification, this is good but in return, they stole alot of my coins through several dubious means and vices.

No doubt they are same shitty exchange I know exist so far. They didn't manage to became a big one since they are scamming people that use their exchange before, that's the reason many people avoiding to use those exchange again. They can only fool new people now which doesn't have enough experience on the scene.

Its so long I didn't use that exchange and I don't know how their KYC system works. But hopefully they won't let those hackers withdraw the funds stolen from Metawin  and they cooperate with the owners and help them to retrieve the stolen funds. I think its really better for Metawin to be aggressive more in this case and seek for help to those authorities that can handle this case so that they could do more faster action to recover that funds. Also to crazy if Hitbtc will also scam the funds especially the amount brought up in their exchange is so big and we all know that they pull series of scamming before.  :D

The users will learn their lessons once they experienced losses owed to trusting these sites. If you are a user who wants assurance, just use known reputable sites even for gambling sites. The chance of screwing up is lesser or unless, you will violate some of their terms why they will give you penalty  for such violation.

Also, if you are in gambling sites, better withdraw your money if you feel you are not playing in the next few days. At least, if the funds are in your wallet, you will feel safer. But if you are using the site for storage purposes, you will indeed subjecting yourself for potential losses because there are so many fraudulent activities happening over the net.

There are always going to be people willing to risk their money and their capital by engaging with unreliable and shady exchanges and casinos. There is nothing new about it, actually, one of the reasons why so many people get trapped by unreliable casinos is because they alledgedly lack enforcement of KYC and AML. Also there is trick of using specially attractive odds in order to catch bettors in their markets.
Whaever, if something seems to goo to be true, we better stay was far away as possible from it.

If you look back at the previous replies, you’ll see the discussion about HitBTC started because part of the hacked crypto from Metawin ended up on their exchange. That’s why I mentioned it might be difficult to trace or recover those funds. My opinion is that tracing them becomes harder because HitBTC is known for not enforcing strict KYC procedures effectively, making it easier for such transactions to slip through unnoticed.

We didn't hear any update regarding on this case so maybe we can assume that they struggle to trace back those funds especially it goes to that shitty exchange where everything is unknow or shall we say questionable.

Provably Metawin would release an update regarding on this case if there's positive development happen. But guess they are busy with other things or maybe  the management decide to move on since there's nothing to recover and they just want to continue  and learn a lesson from the past mistake they have done. Anyways they are now running good despite of hacking issues happened to them. Also they don't talk much about this on their main thread so I guess people already forget about it and focus to current positive things happening on the casino they are supporting.

Metawin offered a bounty for anyone who could track down the hacker, which shows they really want this problem solved. But beyond that, it’s clear they’ve shifted their focus back to their promotions as they’ve been very active in that area. The hack incident seems to have been left in the hands of the authorities and bounty hunters. For us, there’s not much to do but wait. Still, we have to give them credit for bouncing back to normal operations in less than 24 hours. That kind of readiness during tough times is definitely worth commending.

Yobits is still very much around and the fact that there was some form of negative perception about the exchange made the volume of users low for that it looks to many that Yobits is no longer around, and also many of the new exchanges have more robust user-friendly features such as low fees and also high volumes which make them the most preferred exchange among others so the older exchanges become insolent with time but not that there are none existent anymore.
Metawin will have a tough time recovering the stolen fund and for that, the success of their recovery will depend largely on the cooperation of the exchange and the approach at which the metawin team interacts with the exchange based on the regulatory laws.

By the way, it is quite possible that the hour of people who read such accusations against the casino really believe that the accusations are fair. This, of course, creates a negative image of this casino in these people in relation to this casino. And the whole set of such accusations as a result somehow redistributes the general gambling market on a global scale. And it is also worth considering that negative reviews can also be transmitted along the chain from player to player, this also sometimes contributes to the avalanche-like spread of fake information. And immediately some users start the process of exposing the fake. And as a result, a certain balance is obtained between users who believe the fake accusation and those who do not believe it. And it still turns out to be quite stable in the long term.

On the Norm, legit exchanges are supposed to work hand in hand to make sure that stolen funds are not accessed by the thieve, most especially when the information of a hack reaches to them on time.
As long as hitbtc knows that the money a user deposited to their platform was a proceed of hack from a casino known as Metawin, they are supposed to freeze the funds immediately and not allow the user withdraw it until the user is made to go through a kyc verification process that will lead to his or her arrest, and it does not matter whether or not the hacker have converted the stolen coin into another, all the funds can be frozen so that there will be no withdrawal.

With such move, recovering the lost funds would be pretty easy for Metawin.
But all the same., assuming the casino not able to recover the money at the end, I believe they have moved on and this should not affect their business.

I don't know about HitBTC's KYC requirements but $4 million dollars is a whole lot of money to allow a user withdraw without being KYC'ed. Don't exchanges have AML laws they must all adhere to? And if truly HitBTC allow such amount slips through it fingers without demanding KYC, then it should be sued. Also, I find it surprising that a hacker could be that daft to make the mistake of sending stolen funds to a CEX. Except, of course, the KYC information supplied to the exchange are stolen as well or bought from the darkweb.

Maybe Metawin can easily let go of the stolen funds but I hope the hacker gets caught and goes to jail.

Those who willing to take such risks, should not complain when any mishap happens with them. They choose to take the risk and they are responsible for their actions. If you ask me i would always prefer to play at trusted casino or trade as trusted reputed exchange. I wouldn't fall for things like no KYC and unreasonable bonuses that's seems unrealistic. Wherever money is involved, one needs to be extra careful and vigilant.

The chances of them recovering the stolen amount is pretty low for various obvious reasons. Hitbtc is a name that I am hearing about after quite sometime and I remember them being quite shady.

Metawin might be able to negotiate a mutually beneficially deal with them, but the chances of that happening are slim thanks to their bad reputation.

It doesn't I just checked it out now and found out that they're still using the old KYC procedures to verify an account ( submitting docs and uploading pictures) which could be easily manipulated using a stolen IDs. How they went from being No.1 exchange with high volume to shitty worthless exchange still surprises me.

That's exactly what it is, that access to a stolen ID is now becoming a not at all difficult task, and for advanced scammers it is extremely easy to do, so such KYC instead of protecting the user, on the contrary, only creates another vulnerability option. In general, the security of both the player and the casino or exchange is only getting worse. I do not understand how it is possible for officials of all kinds of businesses who are responsible for security not to take this into account. And for what reason are such primitive confirmations of the user's identity still used, such as photographs of documents and other similar options. What nonsense. But maybe of course the matter is explained simply by the earnings of those who provide all this really counterproductive activity.

What can you expect from HitBTC? they didn't got much traction from people so maybe they just let those things happen and they didn't do much any effort to upgrade that matter to make their site safe from being use by frauds.

I don't know if they became a no.1 exchange since anyone can claim that they the top exchange. What I remember about them they have allegations to have fake volume so I'm not surprise that some people say that they are one of the top exchange before.

Well let see some updates if we can see Metawin management will solve this issue or it will dissolve and same on other case the hacker escape again taking some huge money from them.

I researched about exchanges before Binance and found HitBtc to be the most customer-friendly option, though I have no personal experience with them.

Metawin may have recovered some of the $4m, but it is unclear. Casino platforms often keep bad news hidden for as long as possible.

Bad news cant be kept up forever on which specially at the moment or time that users been affected on such hacking incident. If ever they will be announcing that everything is fine and no users funds is really that affected then it will be bringing up that kind of assumption that this really be that might be a faked kind of hacking incident just some sort of indirect marketing into their site? Yes. its a negative thing and not something ideal that need up to do on a business because we do know that once that negative things do happen then it will really be also bringing up this kind of possibility on which users in the market will be having that that bad impressions on which it will be causing that sudden decrease of users when they do know that hacking incident is happening.

The possible good thing on here is that they will be announcing it that they have resolved the issue and get back those funds or simply refunded it out on which it will be bringing out that kind of question into someones mind on how the hell they do able to make out such recovery specially if its done in a short span of time. Speaking about customer friendly kind of platforms on which you can say that almost exchangers will really be that something like this because keeping up their traders or users as much as possible which this simply means that they can earn more revenue, this is why they will be giving out that best experience as much as they can.

I believe that's not actually very true. HitBTC had many unresolved scam accusations when I was still very new to Bitcoin and crypto. Plus the reviews from the users truly gave me the impression that that exchange should be avoided.


I believe it's not because they want to "keep it hidden". They merely want to avoid anything unnecessary like FUD or any worthless negative discussions.

And how can we avoid mass negative discussions of some facts that can also negatively affect the business and the influx of new customers for this business.
If we are all in a free market, as is obviously the case in the gambling industry on a global scale or in the case of trading on crypto exchanges, then no one has canceled competition. And deliberate and sponsored dissemination of negative information about a competitor, as one of the elements of a marketing strategy, is naturally used actively and will be used also actively and constantly in the future.
So, although such a possible fight against FUD is waged by different business representatives, it is unlikely that this fight will end in victory over FUD.

People do not see it that way which is one of the reasonss scams and complaints are many. Fine, the best companies today started one day, this doesn't automatically call those new or unpopular ones bad, but the truth is that it's our money we are talking about, even if we try those unfamiliar ones, it should be with caution and not with the amount of money that will hurt us if swindled. Those casinos and exchanges to entrust big amounts with must be those well-established and trusted ones, at least, our money will be safer that way.

Maybe they believe so much that there's nothing gonna happen with them since the casino is performing better and spending a lot of money to run a good business here. I guess those grounds make people believe that the casino won't ruin their reputation since they are spending a lot of effort to became reputable in industry.

But I think the risk is everywhere since even those old reputable casino before turn into scam. So what we only could do is to take precaution always upon dealing with them and just use the amount you can afford to lose. This is the advice we commonly see but somehow useful especially everything in online is unsure and we don't know on when the scamming schemes will happen to those what people think a reputable platform.

I don't think is somehow useful but to me i term it to be extremely useful because whenever people keeps obeying this words you will see them hardly became a victim of the said hack or incident within the gambling site or exchange accounts.
If you look very well those who doesn't leave their winning back to the casino hardly fall victim of hack, on those who accumulates their profits inside the casino are likely to face this problems. Though most of the reputable casino's they tries all the could to maintain their stands and even if they are hacked today, they would make sure to refunds all users their stolen amount from the casino. Just what metawin did. For this their users still believe and have trust in them, meaning what happened would still attracts more gamblers to the gambling site.

By the way, you raised a rather interesting and important question about whether to withdraw money from the casino to your wallet immediately after winning or leave it on deposit and use it further for the game.
In the first case, of course, there is a guarantee that suddenly this money will not become problematic for withdrawal or the casino will generally collapse.
The second option is also not very good since it involves many transactions, which naturally wastes both your time and your money for commissions. But this is like paying a guarantee of the safety of money in the event of force majeure associated with the bankruptcy of the casino itself.
The optimal option is probably to save a specific amount on deposit, individually acceptable for the player and such that theoretically the player can risk losing it.
However, this amount can of course be very different for different players.