Kryptosino Avoid!!!

[Masterpaindj]

This Casino is knowingly breaching AML Regulations by not performing Customer Due Diligence checks.  The limit for checks to be performed on wagering match that of the KYC limit which is around $2500.  Neither are being performed with over 10 customers and god knows how many more.  An investigation will be opening soon with the Caribbean Financial Action Task Force.  If the Curaçao Gaming Control  Board get a whiff of this then bye bye Licence and sister Casinos.

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[drwhobox]

Do you have any trusted source for the accusation? You should provide a source for the information you share. If you are a customer you need to provide proof of the accusation.  
Kryptosino is offering amusing wager-free bonuses, which catches my eye. So I need a valid point for not involving with them. 

[acroman08]

this is a big accusation against them. like Mahirap has said, any evidence or sources to back up this claim, especially the one regarding the investigation that will be opened by the Caribbean Financial Action Task Force? it's my first time hearing about them so I don't know much about them but I did a quick search and can seem to find anything regarding the issue you are accusing them of.

[cabron]

this is a big accusation against them. like Mahirap has said, any evidence or sources to back up this claim, especially the one regarding the investigation that will be opened by the Caribbean Financial Action Task Force? it's my first time hearing about them so I don't know much about them but I did a quick search and can seem to find anything regarding the issue you are accusing them of.

Not a word that I found about it but there is one review about kryptosino.com found here https://bitcointalk.org/index.php?topic=5262141.msg60516355#msg60516355

But it's not even a scam accusation. Not a word about them at all besides that. No Ann thread too. The review doesn't sound like it's bad. But how can this be big like it would affect sister casinos?

Lots of casinos to which bitcointalk members were exposed to them but not investigated by Caribbean Financial Action Task Force.

[Poker Player]

This Casino is knowingly breaching AML Regulations by not performing Customer Due Diligence checks.  The limit for checks to be performed on wagering match that of the KYC limit which is around $2500.  Neither are being performed with over 10 customers and god knows how many more.  An investigation will be opening soon with the Caribbean Financial Action Task Force.  If the Curaçao Gaming Control  Board get a whiff of this then bye bye Licence and sister Casinos.

Lol. Really?

I understand that this happens in practically all licensed casinos in the Caribbean. They put some AML/KYC conditions in their ToS that they very rarely comply with because they know it would screw up their business.

At least that's what I've heard, although I have no way of checking if it's true, other than asking people who gamble and pass the supposed limits.

[YOSHIE]

This Casino is knowingly breaching AML Regulations by not performing Customer Due Diligence checks.  The limit for checks to be performed on wagering match that of the KYC limit which is around $2500.

I tried to check some of the reviews about Kryptosino casino, I saw that there were various reviews posted about Kryptosino casino, even though the casino is relatively new, but I didn't find anything suspicious.

There are so many reviews that I saw and read, example: KRYPTOSINO CASINO REVIEW, That's what makes me a little confused.

For example:

Restricted Countries:
Aruba, Bonaire, Czech Republic, the Dutch Caribbean Island of Curaçao, Netherlands, Slovakia, Slovenia, St. Eustatia and Saba, St. Maarten, UK, and the USA

And further.

Still, many players are looking for solutions that don’t require them to provide a complete analysis of themselves to online casinos such as, and not limited to, identification documents, proof of address, source of income, and other private documents that most of us fear sending over the sea. Thus, Kryptosino reinforces once again their friendly environment by not processing KYC. Of course, in extreme situations – whether for security or suspicion of illegal activities, aka money laundering – you could be asked to provide some information.

Isn't the Caribbean Island, one of the countries, where the KYC system is not questioned by Kryptosino, I think if they don't Due Diligence especially in your case, I'm sure they suspect you as an illegal user.

However, if you still insist that you are right, they are wrong in terms of AML/KYC violations, maybe you can leave your complaint in the review, I'm sure they will respond to your complaint.

[iv4n]

this is a big accusation against them. like Mahirap has said, any evidence or sources to back up this claim, especially the one regarding the investigation that will be opened by the Caribbean Financial Action Task Force? it's my first time hearing about them so I don't know much about them but I did a quick search and can seem to find anything regarding the issue you are accusing them of.

Not a word that I found about it but there is one review about kryptosino.com found here https://bitcointalk.org/index.php?topic=5262141.msg60516355#msg60516355

But it's not even a scam accusation. Not a word about them at all besides that. No Ann thread too. The review doesn't sound like it's bad. But how can this be big like it would affect sister casinos?

Lots of casinos to which bitcointalk members were exposed to them but not investigated by Caribbean Financial Action Task Force.

It's BTCGosu review, I informed @Efialtis about this... BTCGosu has a "Blacklisted Bitcoin Casinos" page: https://www.btcgosu.com/bitcoin-casino-blacklist/. but this casino is not on that list.

As I get it he is complaining that this casino is not enforcing KYC... I guess he is in the wrong place, most of us don't like KYC.

[Masterpaindj]

KYC and AML Due Diligence are completely separate.  KYC is expected by the Regulator which is now Curaçao Gaming Control Board.  But they would also be interested in any AML Breach.  I can't provide the evidence here as all evidence from the player's involved has been passed over to the Caribbean Financial Action Task Force.  The laws and regulations state that anyone depositing or wagering over $2500 must go through the Customer Due Diligence checks to make sure they are not laundering money.  The Casino is responsible for this and they were allowing customers to wager over $50,000 and not once has Due Diligence or KYC been performed.  Its extremely worrying that these kind of amounts are being wagered without requesting any documentation.  

When I raised this directly with Kryptosino they decided to ignore the correspondence.   This is why it has now been passed to CFATF.  I believe 2 weeks is enough time to defend yourself and not one single response from Kryptosino.

I will keep this thread upto date with any further developments

[Crypt0Gore]

You guys really need to stop using gambling platforms that are less popular, they can decide to do anyhow with their customers, they also have less reputation, this mean they can decide to close down at any time that's why bigger gambling platforms are better and more reliable.

[coin.princess]

Any articles related to this issue? I am not really familiar with the gambling site but thanks for the heads up for letting us know about it though I am still unsure if its true or not and I still managed to access their site. If that's true then we should just avoid the site for our safety but as of now I am not sure if you are telling the truth or not so it's either true or you're spreading fud.

[Masterpaindj]

You can still access the site but it's an advanced warning as an investigation will be starting soon.  I don't want anyone depositing money and then suddenly can't access anything as they have had to close down the site due to an investigation. 
As soon as anymore updates come to light I will post it on this thread

[nasipadang]

Thank you for sharing information here but I hope once you already find an evidence, you should try following the scam accusation format and right board for it. I will keep in mind this gambling site to avoid as of now but I will be waiting for your follow up thread or updates about your accusation about this gambling site.

[drwhobox]

You guys really need to stop using gambling platforms that are less popular, they can decide to do anyhow with their customers, they also have less reputation, this mean they can decide to close down at any time that's why bigger gambling platforms are better and more reliable.

I don't see any logic in stop using less popular gambling platforms. Like you want to use those shitty popular platforms that continuously scam customers but grow massively just because they are massively popular for their marketing campaigns.

You are confusing two different words, popular and reputation. I will go for a new, fair, and well-reputed platform but not a popular platform.

[Fivestar4everMVP]

You can still access the site but it's an advanced warning as an investigation will be starting soon.  I don't want anyone depositing money and then suddenly can't access anything as they have had to close down the site due to an investigation. 
As soon as anymore updates come to light I will post it on this thread

Thank you very much for bringing such a vital information to this community, for me personally, I think you have done really well, how ever, I believe you have a source from which you get this information and also follow it up, would have really been a great idea if you shared the source, so that the community will know for sure that this is not just one of those baseless informations.
Alot of us like to verify informations as this ourselves, and also follow it up on our own without having to wait until you update the thread.
This is just my thought though, you can choose to do whatever pleases you, but all the same, thanks for the information again.

[coolcoinz]

I've never seen this site. We'll of course take the warning into consideration, but I don't feel like this casino poses a big threat to the community with so many reputable ones advertising on this forum and Kryptosino not being one of them. People here have so many good sites to choose that it would be a miracle if a frequent bitcointalk user went to play there.

Keep us informed if you find anything to support the claim about the investigation.

[Piesel]

You guys really need to stop using gambling platforms that are less popular, they can decide to do anyhow with their customers, they also have less reputation, this means they can decide to close down at any time that's why bigger gambling platforms are better and more reliable.

Exactly and the more reason why I can not trust all those small casinos with my documents, is that one can not guarantee whether they're going to be used for identity theft scams since there don't have the security to protect those data.

Most of those casinos, just provide kyc just to get licensed after that whatever the player does is left on the check.

[BitcoinAccepted]

If you are going to play at a gambling site, you must bear in mind that you can provide documents to the gambling site at all times. Nowadays that seems standard, but it will probably also be included in the general terms and conditions. It looks like they have a gambling license from Curacao, where the requirements are also becoming stricter and I think that the site can do little about the fact that they come up with this procedure. All you can do is provide the required documents and then hope that your account is verified and that you get paid.

[goaldigger]

Never heard about this casino but if they really violated something, then it should be investigated. Are you one of the victim who experience some irregularities about this site?
Always choose the best site if you are going to gamble, remember that having peace of mind and security with the site should be your priority, if the site can’t deliver this then better not to play with them at all.

[Masterpaindj]

Never heard about this casino but if they really violated something, then it should be investigated. Are you one of the victim who experience some irregularities about this site?
Always choose the best site if you are going to gamble, remember that having peace of mind and security with the site should be your priority, if the site can’t deliver this then better not to play with them at all.

No I'm not a customer, I help people with issues regarding Casinos.  There are around 10 Customers who provided me with evidence which I have passed over to CFATF after Kryptosino ignored my correspondence. 

[Eureka_07]

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No I'm not a customer, I help people with issues regarding Casinos.  There are around 10 Customers who provided me with evidence which I have passed over to CFATF after Kryptosino ignored my correspondence.  

Since you mentioned that those people gave you evidences in regards to your claim here, why not include them to this thread? Accusation without evidence won't do anything, it will not help you with the case, thus, you need to provide proofs.
I haven't seen them to be here, but I hope they respond to this one after you share the evidences.