Four US States Issue Cease-and-Desist Orders to Metaverse Casino Slotie

Author: Live Casino Direct
 
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Four US states have issued cease-and-desist orders to Slotie, a virtual casino operating in the Metaverse. The orders are related to illegal gambling activities. Sloties has sold about 10,000 NFTs, which are unique ERC-721 tokens developed via the Ethereum blockchain.

Four US states have issued cease-and-desist orders to Metaverse Casino Slotie. The company has to stop selling its NFTs to investors. It has failed to provide important information to its investors, such as who the company founders are, the address, contact details, etc. In the first quarter of 2022, Sloties raised $10 million from undisclosed venture capital group.