Online Poker Report
Shutting Down Crypto Casinos Like Playing Whack-A-Mole
Earlier last month, state securities regulators in
Alabama
and
Texas
issued cease-and-desist orders against a
Cyprus
-based company that's been hawking
non-fungible tokens (NFTs).
It was doing so to operate crypto casinos in the metaverse. The enforcement actions are both the first of their kind and likely not the last.
In a particularly gray…