Betmoco.com | Crypto Casino & Sportsbook | VIP Deals | 25k Leader Board 🚀

[Obim34]

I thought their campaign funds was sent directly to btc address. It should be a standard for all new services that plan to run a promotion here to have escrow funds or sent the payment directly to the wallet of participants.

No, payments were sent to the casino itself, the team paid the participance but since placing withdrawal they've not received in wallet. It doesn't need to be a standard, escrow funds is better too, and some other casinos doing promotion pays directly to casino account like Spinly when they came in. What is best is a few weeks escrow, if a casino has an intent of not paying, they can also take 1 week free promotion without paying.

The manager already learned from this, whatever deal on the line, he will be more conscious, this kind of mistake isn't one to make double times, it won't happen again.

[IjawMan]

There were already some suspicions raised in this thread, some members thought that the casino's offer was a trap. As for the promotions here in the forum, it does seem like the casino took advantage of a less experienced manager. They first tried to build some sort of trust by running a review campaign, and then proceed to run a signature campaign in which the payments were sent to the casino account of the participants. Right now, I would say it doesn't look good that their website is still down.

That is the thing, every body was not sure it was a trap but most comments in that thread as that of the op were achored on speculation, not ontil now that their real plan has taken flight. A less experienced indeed but this can happen to any campaign manager where it is a strategic plan as this type.

We have legit casinos with good reputation that have signature campaign payments sent to casino accounts of participants, it was just Betmaco.com that had a fraudulent plan using that process as part of executing their scam scheme.  For the site to still be down till this time it kills any hope there was. The maintenance stuff is just bullshit

I'll advise for the future, players that want to use a new casino they do avoid to make huge deposits ontil they have built a strong reputation sufficient to warrant trusting them with huge deposits.

[7juju]

I'm not familiar with cases like this. It's ultimately the casino’s fault, but what will happen to the campaign participants? Does the manager take accountability and pay from his own pocket, or do they just end up not getting paid at all?

It depends on the manager if he is buoyant enough to cover the cost. But as we all know the manager is still new to management and if I'm not mistaken this should be his maiden job and this happened. I'm sure the manager wasn't even paid his management fee as well, It's not really fare on all participants and the manager. The only thing they can do is to let go of the money and count it as loss. If the manager could have paid form his own purse, he would have already done it by now. As he's a very transparent and honest person judging from his activities in my local board.

[hd49728]

It depends on the manager if he is buoyant enough to cover the cost. But as we all know the manager is still new to management and if I'm not mistaken this should be his maiden job and this happened. I'm sure the manager wasn't even paid his management fee as well, It's not really fare on all participants and the manager. The only thing they can do is to let go of the money and count it as loss. If the manager could have paid form his own purse, he would have already done it by now. As he's a very transparent and honest person judging from his activities in my local board.

Not all managers paid money from their own pockets if companies don't make payment or refill the wallet as promised. Some campaign managers even let the payment distribution is responsibility of casino companies but it can be their favorite management choice or just the deal with a casino company.

Rewards are sent every Sunday directly to your BETMOCO casino account and is fully withdrawable in BTC

The campaign has that term for payments and it shows that Betmoco team are responsible for the payment distributions while the manager only do management job on selecting participants, count posts and submit the payment sheet to Betmoco team.

With this term, it's not right to ask Hatchy using his own money for paying a first week of the campaign.

Betmoco account is active today in this forum, are they still watching while they are fixing issues or just curious watching while they already did scam exit.

[r_victory]

Betmoco account is active today in this forum, are they still watching while they are fixing issues or just curious watching while they already did scam exit.

I also noticed this, and it's very unprofessional. They are certainly aware of what's happening, and by not taking a stand, they are demonstrating a lack of commitment to the participants. If there's a problem with the site and they're doing maintenance, why not inform us? Apparently, it wasn't only the campaign participants who were affected; we should also consider the active accounts with balances that lost access to the site.

[CryptoHeadlineNews]

Betmoco account is active today in this forum, are they still watching while they are fixing issues or just curious watching while they already did scam exit.

It's so sad up til now, no official statement from the casino representative regarding this alleged issue of scam and unpaid money meant for participants of it's signature campaign. Because if truly the casino knew it wasn't having enough budget to run signature campaign and a review campaign, why didn't they just focused on just one, rather than adding the two together and yet participants are now complaining about the website been down and they not been able to access funds on the casino. And at the moment, I truly wish Betmoco casino comes out to iron this issue amicably,

[Potato Chips]

BTW, I noticed one of the victims has started a flag, feel free to support it, see: https://bitcointalk.org/index.php?action=trust;u=3743325;page=iflags

It is inactive now because it needs at least 3 support from DTs, but I'm guessing it's only a matter of time before the flag becomes active.

[notblox1]

Don't be naive. They have plenty of ways to communicate to the community other than the website. They could have been chatting with the manager, they could be giving updates here, and they still have access to their socials if the website is down.

Exactly.
I dont remember who was their campaign manager, but he needs to clarify and explain whole situation to community.
Somehow I didnt follow all the drama few days ago because I was busy, but this casino never looked like a serious business to me.
I hope their customers didnt lose a lot of money, but they should learn a lesson from this.

[tabas]

Betmoco account is active today in this forum, are they still watching while they are fixing issues or just curious watching while they already did scam exit.

I also noticed this, and it's very unprofessional. They are certainly aware of what's happening, and by not taking a stand, they are demonstrating a lack of commitment to the participants.

I guess they're just checking on us what we're doing right now. There's no hope for the pending payments that they should have paid and owe us.

If there's a problem with the site and they're doing maintenance, why not inform us? Apparently, it wasn't only the campaign participants who were affected; we should also consider the active accounts with balances that lost access to the site.

There is no more problem with the website, they have forced shut it down because of their plans were likely executed and that's to have an exit. And that's the point why they are no longer coming back.

[Russlenat]

BTW, I noticed one of the victims has started a flag, feel free to support it, see: https://bitcointalk.org/index.php?action=trust;u=3743325;page=iflags

It is inactive now because it needs at least 3 support from DTs, but I'm guessing it's only a matter of time before the flag becomes active.

Yeah, the evidence is clear now, they’re not responding anymore, the website is gone, and the withdrawals are still being held as hostage. At this point, it really looks like the casino admin is just enjoying the money they scammed from gamblers.

It’s sad to see that many people still trusted a new casino that didn’t even have a license.

Now it’s hard to even identify who the real people behind this are.

[Hatchy]

Exactly.
I dont remember who was their campaign manager, but he needs to clarify and explain whole situation to community.
Somehow I didnt follow all the drama few days ago because I was busy, but this casino never looked like a serious business to me.
I hope their customers didnt lose a lot of money, but they should learn a lesson from this.

Not sure there's much to explain.. They backed out immediately I stopped all form of promotion they were running on the forum. They failed to pay out their players as well as the signature campaign participants payments which was allegedly sent to their casino account..since yesterday the site has been offline, last they said was it was undergoing maintenance. I tried contacting them on tg, but all I got is just read messages with no replies..

I began having suspicions of the casino when everytime I asked the team why taking so long to release the players held funds,all they gave me was dead lines they didn't meet till yesterday which was more obvious to the forum as they stated it by themselves on their last announcement..

I guess they expected to get more players to deposit into the casino for reason which might include raising of funds or to top up their scam scheme which is obvious now... At this point anything they have to say won't matter as their reputation is already damaged.. I don't even think we will be seeing them anytime soon..

P.s.. since they no longer reply on tg, I noticed their support team is still somehow online on the site, don't know how.. I asked when they plan on returning and their response was.

Hello, we don`t have a specific time yet

[Japinat]

P.s.. since they no longer reply on tg, I noticed their support team is still somehow online on the site, don't know how.. I asked when they plan on returning and their response was.

Hello, we don`t have a specific time yet

Good thing they didn’t operate for many months before stopping, because if they did, they would’ve become more popular and taken even more money from people.

Their replies are also very typical, just like what you see from Ponzi scammers, no clear timeline, just empty promises. At this point, I don’t think we should expect them to come back anymore. Now it’s up to the gamblers who got scammed to take action and report this casino, so they can at least be held accountable under the law.

[yahoo62278]

Kinda reminds me of the chilistakes team and whatever the other casino they tried launching was as far as offing too good to be true promos and website going offline for maintenance. Anyone else getting the feeling it could be the same people?

[logfiles]

Kinda reminds me of the chilistakes team and whatever the other casino they tried launching was as far as offing too good to be true promos and website going offline for maintenance. Anyone else getting the feeling it could be the same people?

There is another one also that decided to even just lock their thread: Tachebet.com | The No-KYC Crypto Casino with a True VIP Heart
When I looked at the ANN and the Graphics used, there's something that kicks in and makes me feel like something isn't right. Like I have seen this before, but I don't know where.
Anyway, after refusing to process users' withdrawals, the also went offline.

[Sanitough]

Maybe we should start being more careful now and flag casinos that have no real license and no proper KYC, especially if they’re operating here. After what happened, it’s clear they can easily get away with scams, because it’s hard to even know who’s behind them, so there’s no real accountability.

It honestly feels like we’re going back to the old days when scams were everywhere. We already know to stay away from Ponzi schemes because they’re obvious, and I think unlicensed casinos are starting to look the same, just another obvious risk that people should avoid.

[Supreme Donvic]

This guys planned this scam very well and they have already succeeded, we all have learnt our lesson next time if we see a new casino here no one should deposit money with them until after a 2 to 3 months running of a successful signature campaign, this time around new casinos will have to work very hard for their reputation and trust. And again some people are just something else why will you deposit a huge amount of money on a new casino all because of the bonus you were promised, a lot of those who deposited huge amount of money did that because of the bonus the casino promised, let’s learn to be wise.

[TypoTonic]

That is the thing, every body was not sure it was a trap but most comments in that thread as that of the op were achored on speculation, not ontil now that their real plan has taken flight. A less experienced indeed but this can happen to any campaign manager where it is a strategic plan as this type.

We have legit casinos with good reputation that have signature campaign payments sent to casino accounts of participants, it was just Betmaco.com that had a fraudulent plan using that process as part of executing their scam scheme.

Of course, no one could have known their true intentions, especially since it's a new casino. All the more reason why there should have been escrowed funds.

For the site to still be down till this time it kills any hope there was. The maintenance stuff is just bullshit

There's no point in believing their excuses, OP has already received multiple tags from DT. If the maintenance was true then there should have been a resolution by now. Lesson learned for everyone I guess.

[vanesha]

Luckily I didn't play long at betmoco after depositing $100 because of the cashback promotion, I didn't experience any losses at betmoco because I had withdrawn all my money at betmoco, at first I didn't suspect them because they processed my withdrawal and now they've gone, they must have taken the money deposited by the user

[ColdLava40]

Luckily I didn't play long at betmoco after depositing $100 because of the cashback promotion, I didn't experience any losses at betmoco because I had withdrawn all my money at betmoco, at first I didn't suspect them because they processed my withdrawal and now they've gone, they must have taken the money deposited by the user

Lucky you.

I guess it was fun while it lasted. They looked like they could have built something on the forum, but I guess greed or I'll say impatience.

They had a fast growing Ann, I was also surprised to see they pulled off this scam. Not nice.

The campaign manager did good at stopping all promoting. Like I can imagine more harm to be done to people who would have made more deposits on the site.

Still have my campaign payment locked in there somewhere..

[Betmoco]

Official Statement and Apology

We would like to formally and sincerely apologize for the delay in issuing this statement and for the concern, uncertainty, and inconvenience this situation has caused our users, partners, and investors.

Before addressing the incident in detail, we want to clarify an important point regarding our licensing structure. The casino license under which we operate is a sub-license that multiple platforms use. The license holders, Playlogic, are not involved in our day-to-day operations, internal management, financial decisions, or security infrastructure. They are not responsible for this situation and should not be blamed, harassed, or associated with the events described below. Full responsibility lies solely with our operational team.

During a period of rapid growth, our company initiated an accelerated expansion of its internal team with the intention of strengthening operational capacity and maintaining a high standard of service. As part of this process, newly hired personnel were granted restricted system access, limited strictly to operational and user-related functions. These permissions explicitly excluded withdrawal approvals, financial management, and any authority over company or user funds.

Despite these measures, an unexpected and serious security incident occurred. One individual was able to gain unauthorized access to our withdrawal infrastructure through methods that are currently under investigation. As a result, approximately 95% of the assets held in our hot wallet were illicitly withdrawn.

Compounding the severity of this incident, the unauthorized access was accompanied by ongoing system abuse while the breach was taking place. This active misuse significantly disrupted internal processes, created additional technical and operational complications, and materially delayed our ability to fully isolate, assess, and resolve the situation. The simultaneous nature of the breach and the continued abuse had a major impact on our response timeline and overall system stability.

Immediately upon discovery, we took emergency actions to contain the incident and prevent further damage. Our initial efforts focused on resolving the issue internally with the support of our investors and existing security partners. When these measures did not result in a sufficient resolution, we escalated the matter by engaging external cybersecurity, infrastructure, and blockchain specialists to conduct a comprehensive forensic investigation, secure all systems, and pursue all available options for fund recovery.

We recognize that the internal circumstances surrounding this incident are not the primary concern of our users. What is of utmost importance—and fully our responsibility—is the protection of user funds and the uninterrupted ability to process withdrawals. At this time, withdrawals are temporarily unavailable, and we acknowledge this failure with full accountability.

To mitigate further risk and protect all parties involved, our platform has been placed into maintenance mode until all vulnerabilities are fully identified, resolved, and independently verified. All affected accounts and transactions are being carefully documented. We are actively working on structured and transparent solutions to ensure that user funds are distributed responsibly once this process is complete.

We respectfully ask for your patience and understanding while we work through this complex and sensitive matter. Users are encouraged to contact our support team directly so that we can discuss individual situations and, where appropriate, establish a clear and realistic resolution plan.

Transparency remains a core principle for us. We are committed to providing regular progress updates every 2–6 days, even in cases where no major developments have occurred, so that our community remains fully informed throughout the recovery process.

We deeply regret that this situation has occurred and acknowledge the impact it has had on the trust placed in us. We are taking all necessary steps to strengthen internal controls, improve security architecture, and ensure that such an incident cannot happen again.

Thank you for your patience, understanding, and continued communication during this time.

Extra Note!
We want to address the recent situation regarding Hatchy and the impact it has had on his reputation.

Due to our delayed response and the way this matter was handled internally, Hatchy’s standing within the community was negatively affected. We sincerely apologize for the consequences our actions caused him.

We want to make it absolutely clear that Hatchy was not at fault. The responsibility for the situation lies entirely on our side, and we regret that our handling reflected poorly on someone who acted professionally throughout.

We value the work Hatchy has done and appreciate the effort and integrity he brought as a campaign manager. Moving forward, we are reviewing our internal processes to ensure faster communication, clearer accountability, and better handling of community concerns so something like this won't happen again.

Betmoco Team