🔥 BitDegree partnered with Ogvio - a free international money transfer service! Sign up now & grab Rewards! 🎁

Rapper Drake Hit with RICO Lawsuit Over Crypto Casino Stake Scheme

Key Takeaways

  • ​Rapper Drake, Adin Ross, and George Nguyen are accused of using the crypto casino Stake to hide money transfers linked to fake music streaming;
  • The lawsuit, filed on December 31, 2025, claims their actions violate the federal RICO Act, which targets organized illegal conduct;
  • Plaintiffs say Stake.us misleads users by posing as a “social casino” while running as an unlawful gambling site in the US.

Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁

Rapper Drake Hit with RICO Lawsuit Over Crypto Casino Stake Scheme

Rapper Drake is facing a class action lawsuit in the Eastern District of Virginia.

The case accuses him of using the crypto gambling site Stake to conceal money transfers linked to automated music streaming.

Filed on December 31, 2025, the lawsuit also targets Adin Ross, a social media streamer, and George Nguyen, an Australian citizen accused of helping run the operation.

What Are Crypto Quests? EASIEST Ways to Earn Rewards Explained

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

The case argues that their actions constitute violations of the Racketeer Influenced and Corrupt Organizations (RICO) Act, a federal law designed to address organized patterns of misconduct.

LaShawnna Ridley and Tiffany Hines, both users of Stake.us, filed the complaint. They say they are representing Virginia residents who opened accounts on the site.

Stake.us is presented to US players as a “social casino", but the plaintiffs argue that it operates as an online gambling site that violates state and federal laws.

The plaintiffs claim Stake.us markets itself as a harmless entertainment platform with no real gambling, but in practice functions like an unlicensed casino.

Drake and Ross, who were paid promoters for the site, allegedly used company-provided funds to gamble on the platform. They are also accused, along with Nguyen, of using Stake’s “tipping” tool to send money between accounts.

The plaintiffs are seeking at least $5 million in damages and have requested a jury trial.

Recently, Magdaleno Mendoza, a senior promoter for the cryptocurrency investment scam IcomTech, was given a 71-month sentence in prison. How did the case unfold? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

Loading...
binance
×
Verified

ZERO FEES

For Ogvio Money Transfers
Rating
5.0