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Major celebrity Drake is now facing serious legal trouble. A RICO lawsuit has been filed against him, accusing him of involvement in an organized gambling scheme tied to Stake, a prominent crypto gaming platform.
This case raises significant questions about celebrity partnerships with cryptocurrency platforms and the regulatory scrutiny they face. The RICO (Racketeer Influenced and Corrupt Organizations) charges suggest allegations of coordinated illegal activity—a serious development that could reshape how influencers and public figures engage with crypto gambling projects.
For the Web3 community, this incident highlights the increasing compliance pressures on crypto platforms offering gambling and betting services. Jurisdictions worldwide are tightening regulations around these offerings, and high-profile legal actions like this one send a clear message: platforms and their promotional partners may face substantial consequences if they fail to meet regulatory standards.
The case also underscores the importance of due diligence before celebrity endorsements in the crypto space. What started as a partnership arrangement has escalated into potential criminal exposure—a cautionary tale for both platforms and influencers navigating this evolving landscape.