Cryptocurrency
TSSB Commissioner Announces Series of Enforcement Actions Against Fifteen Online Crypto, Forex and Binary Options Investment Scammers

Travis J. Iles, Commissioner of the Texas State Securities Board (TSSB), has announced a series of enforcement actions against fifteen fraudulent online investment scammers.
The first emergency cease and desist order names ten online investment platforms and links one individual – James Blundell – to the scheme to broadly promote fraudulent investments. Blundell, purportedly a resident of Seabrook, Texas, is accused of using numerous social media accounts to recruit victims.
According to the first order, Blundell is using his broad social media presence to tout his expertise in the cryptocurrency markets, as well as his dealings in binary options and forex trading. Blundell is allegedly bolstering his expertise by publishing an image of a trading certificate that purports to be a binary options trading license issued by Texas City, Texas. Although this image may add credibility, unbeknownst to investors, the order finds the license is actually a forgery.
The ten online investment promoters named in the first order include Proactive Expert Trading, Reliable Miners, BitcoinFX Options, Sure Trade Earnings, CryptoTradeFXWay, Proactive ExpertTrade, ReliableFX Internal Trade, MaxFX Internal Trade, AntPoolTop Mining, and ExpertTrades247.
The second emergency action names three online platforms – Binary Trade Forex, FX Trades, and IQTrade – and accuses them of falsely purporting to operate from Valentine, Texas. These three online platforms are allegedly recruiting investors by illegally promoting investments in forex, binary options and cryptocurrency pay lucrative rates of return. The order alleges they are fraudulently claiming these investments are guaranteed and using fake testimonials add credibility to their schemes.
The third order names GenuisPlanFxPro, a cryptocurrency, binary option, and forex investment platform falsely claiming it operates from Austin, Texas – just several miles from the agency’s offices. It alleges GenuisPlanFxPro is also falsely claiming its investment is regulated as e-gaming and licensed and regulated by the Isle of Man Gambling Supervision Commission.
“This series of actions clearly demonstrates the risk of dealing with trendy online investment platforms. Investors can’t afford to take everything at face value when transacting over the internet. They need to thoroughly investigate before they invest– because on the internet, anyone can fake a trading license, publish phony testimonials or falsely claim to be regulated by an offshore agency,” Commissioner Iles said.
The series of enforcement actions also highlights a key tactic of fraudulent investment platforms – using the internet and social media to broadly recruit new victims into the schemes.
“Bad actors know how to use social media and internet websites to create the pretense of legitimate operations. They can also use this technology to quickly reach large numbers of potential victims,” Enforcement Director Joe Rotunda said.
“Their websites often go dark, social media often goes dormant and fraudsters often disappear. In many cases, the money is gone,” he added.
Cryptocurrency
Jackbit: The New Crypto Casino Shapes U.S. Gambling in 2025 with 7000 Games and No KYC

Play 7000+ games at Jackbit, the rewarding U.S. crypto casino with no KYC, instant withdrawals, 20+ coins, and 100 free spins on a $50 deposit.
Jackbit Casino has been named the fastest growing and leading Bitcoin casino in the US for 2025, standing out for its no-KYC registration, instant crypto withdrawals, and access to over 7000 games from 70+ global providers.
Since its launch in 2022, Jackbit has become a preferred destination for crypto users seeking speed, security, and variety all in one platform. Licensed under Curaçao eGaming and operated by Ryker B.V., Jackbit supports over 20 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Tether.
New players receive 100 wager-free spins with a $50 deposit, while returning users benefit from cashback, tournaments, and flexible banking options. The platform’s clean interface, paired with lightning-fast crypto processing, has helped Jackbit gain recognition among both casual players and high-stakes gamblers in the U.S. market.
Why Is Jackbit Considered the Leading Crypto Casino in the US?
Jackbit Casino remains at the forefront of the crypto gambling space in 2025, offering a seamless user experience, instant transactions, and an unparalleled game variety. Here’s what makes it stand out:
• No KYC Required – Sign up with just an email, no ID needed.
• Instant Crypto Withdrawals – Fast payouts, often within minutes.
• 7000+ Games – Slots, live dealers, crash games, and more.
• 20+ Crypto Options – BTC, ETH, USDT, DOGE, and others supported.
• Wager-Free Bonus – 100 free spins on a $50 deposit, no rollover.
• Mobile-Friendly – Runs smoothly on all major smartphones.
• Live Sports Betting – Bet on sports alongside casino play.
• 24/7 Support – Live chat available anytime.
Cryptocurrency
Jackbit Gains Traction Among Crypto Casino Users for Instant Withdrawals, Zero KYC Requirements, and a Streamlined Gaming Experience

Jackbit, operated by Ryker B.V., has been named the leading instant withdrawal crypto casino of 2025, following a quarter of consistent growth in user activity and praises across major gambling forums/aggregator sites. Industry stakeholders attribute this momentum to two key factors:
• Increasing demand for anonymous, user-controlled environments.
• The platform’s integration of fast, no-verification withdrawals with a competitive, multi-category game offering.
Launched in 2022 under a Curaçao license, Jackbit supports a wide range of cryptocurrencies and continues to get noticed by crypto users for its stable performance, cross-chain support, and user-friendly design.
Why is Jackbit Becoming the Preferred Crypto Casino in 2025?
Although a relatively recent entrant in the crypto casino space, Jackbit is increasingly being identified by users and industry observers as outperforming several long-established crypto casino platforms in key operational areas.
The platform has drawn particular attention for its no KYC crypto casino approach, which enables access with fewer entry barriers compared to competitors that continue to enforce tiered KYC protocols and withdrawal restrictions.
Users have also noted Jackbit’s broader multi-chain integration, which enables smoother transactions across a wider range of blockchain networks, an advantage over single-chain platforms that limit flexibility.
Stability is another area where Jackbit is frequently cited, with consistent uptime and minimal service interruptions reported, particularly during high-traffic periods. In terms of interface and usability, the platform has been described as more intuitive and responsive than many legacy crypto casinos.
Its support infrastructure, featuring 24/7 multilingual assistance and faster response times, has further contributed to positive user sentiment. Collectively, these factors are positioning Jackbit as a preferred crypto casino among privacy-conscious.
Jackbit’s key features reportedly align with the evolving expectations of crypto casino players.
No KYC Model: Operating as an anonymous crypto casino, Jackbit allows users to register and withdraw without providing identity documents, a policy that stands out amid tightening verification norms across the sector.
Instant Transaction Processing: Reports from active users indicate that both deposits and withdrawals are typically completed within minutes, including during periods of high traffic.
Expanded Crypto Support: The platform accepts over 20 cryptocurrencies, including BTC, ETH, USDT, LTC, and XMR, offering broader access than many competitors.
Extensive Gaming Portfolio: Jackbit features more than 7,000 slot games, 200+ live casino titles, a fully integrated sportsbook, and a range of exclusive mini-games.
Mobile Compatibility and App Access: The service is fully optimized for mobile use, with a dedicated app available for enhanced performance and accessibility.
24/7 Multilingual Customer Support: Assistance is available at all hours via live chat and email, with support offered in multiple languages.
No-Wager Rakeback Program: Jackbit’s rakeback structure offers instant returns without wagering requirements, with no maximum limit on earnings.
Crypto Support and Payment Flexibility
Jackbit has been admired by plenty of crypto users for its broad cryptocurrency support and flexible payment infrastructure. The platform accepts over 20 digital assets, including Bitcoin, Ethereum, USDT, Litecoin, XRP, Monero, and Dogecoin, as well as stablecoins such as USDC and DAI.
This wide coverage allows users to transact in the currency of their choice, with minimal friction. Both deposits and withdrawals are processed almost instantly, according to user reports, and remain consistent even during peak activity.
Jackbit operates under a Curaçao gaming license, adhering to regulatory standards while offering a model that prioritizes user privacy. As a best crypto casino, the platform does not require identity verification, allowing users to play and withdraw funds without submitting personal documentation. This no KYC approach has been cited as a key factor behind its growing user base.
Cryptocurrency
Hyperscale Data Subsidiary Bitnile.com Accepts Nile Coin in its Social Casino

Hyperscale Data Inc. announced that its subsidiary Bitnile.com Inc. is now accepting the Nile Coin (NILE) as a form of payment for a package (the Nile Package) of Bitnile.com’s virtual in-game currency, Nile tokens (the Tokens). Bitnile.com officially launched the Nile Coin on the Solana Blockchain on May 3, 2025.
The Tokens are used to enter a wide range of casino-style social games on Bitnile.com, including slots, poker, and blackjack. The Tokens cannot be redeemed for cash or prizes. In addition to the Tokens, purchases of the Nile Package receive Nile sweeps coins (the Coins). The Coins, which cannot be purchased, give the holder sweepstakes entries, the winners of which can receive prizes or cryptocurrency (in the form of currency used to purchase the Nile Package that gifted the Coins).
Joe Spaziano, Chief Executive Officer of Bitnile.com, said: “Nile Coin brings real utility to our gaming ecosystem, and we are excited to accept it on the Bitnile.com platform. We are confident that this will expand the opportunities for users to utilize the Nile Coin and to enjoy the product offerings within the Bitnile.com platform. The acceptance of the Nile Coin along with other recently announced cryptocurrency is a major step forward in the development of the Bitnile.com platform.”
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