Why is the 365/JAZ license invaid?
Here are some FACT-FAQ for you lol:
- If you are scammed by an oversea entity via any method including by phone, email or other forms of internet connected communication, there is less chance for you to recover your loss including the help of a government body of your country of residence.
- The strongest country which is the USA has power to influence other countries as well as international treaty with many countries, if you are a resident of the USA there might be a slightly higher chance for you to recover your loss but it is unlikely and the process take alot of effort and money especially when the identity of the scammer can not be discovered, quote: "... even if it is possible to identify the scammer, governments are not likely to cooperate across borders unless the individual(s) in question are operating on a large scale." (ref:
https://www.hg.org/legal-articles/scammed-by-a-foreigner-what-are-my-legal-options-34916).
- You will need to understand that crypto based gambling providers are likely stay anonymous and it is clueless whether or not the registrant of said provider is the real person to take any responsibilty for your losses or another person hired to be the registrant of that entity (which is the most likely case which in many countries you can pay for a random person to use his identity easily, since personal information and identity are not seriously considered).
- Since it's a crypto world and is unregulated and the purpose to have a registered casino/gambling business is just a way for the owner to legally cash out his profit but it will not help much (or just simply won't) if a player want to recover his loss in case of being scammed.
- Again in crypto gambling world "trust" is gained by either "hear saying" or "public review" but not any form of regulated or enforceable by a government body. You will likely find out that it is just a public PO box address in Curacao, Malta or Virgin Islands if you managed to seek for it physical address/location.
Final conclusion: base on your own personal judgement and decide to stay with any specific crypto online gambling business or just simply leave. You will alway have the risk of 1) losing all because of gambling, 2) losing all because of being scammed, 3) losing all because of the casino got hacked (whether is intentionally or not). Many people already know of it LOL.