How to resolve gambling related wallet issues - page 5.

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Quote from: Ojima-ojo on June 11, 2024, 03:43:13 PM

I think may be only those that have such restrictions may mentioned that on their terms of agreement, for clients to take note of, even coinbase may not mentioned such in the TOS, maybe I am not sure.

Coinbase does mention gambling in their list of prohibited activities. What exactly they list out is unlawful gambling and games of skill which are not termed gambling but are in practice. This is not so stringent on paper, no unlicenced activity should be expected on a licenced exchange but they can interpret the rules themselves so it's safe to not send gambling funds there. This is same for any exchange that lists out gambling in their ToS.

Best to look for gambling friendly exchanges and stick to them.

hosseinimr93

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Quote from: Oshosondy on June 11, 2024, 03:37:00 PM

Is Coinbase still doing that?

According to Coinbase Prohibited & Conditional Use Policy, they should still do so.

Quote from: Oshosondy on June 11, 2024, 03:37:00 PM

There may be more exchanges that do that but I do not know them.

Poloniex has the same policy.

From Poloniex User Agreement:

Quote

You represent and warrant that you will not be using Poloniex for any illegal activity, including without limitation illegal gambling, money laundering, fraud, blackmail, extortion, ransoming data, the financing of terrorism, other violent activities or any prohibited market practices, including without limitation those listed under Section 23.

jrrsparkles

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Quote from: Ojima-ojo on June 11, 2024, 03:43:13 PM

This leads us to another question, do exchanges s mentioned it in their terms and conditions that receiving money from gambling sites are prohibited?

I have read one or two exchange terms of service and I haven't come across such warning, and haven't seen them blocking users who receive funding from casino's.

I think may be only those that have such restrictions may mentioned that on their terms of agreement, for clients to take note of, even coinbase may not mentioned such in the TOS, maybe I am not sure.

It was just buried into the fine print of their ToS and AFAIK they never mentioned deposits from gambling site are prohibited but they do mention any deposits from unlawfully registered platforms will lead to account termination and if you see the list of prohibited countries in the casino where you will find the US on the top of most casinos and that how you need to relate.

But even if they terminate the account they will let you withdraw the funds in the exchanges.

Ojima-ojo

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Quote from: Oshosondy on June 11, 2024, 03:37:00 PM

What I can say is that you should read the ToS of every gambling site you want to open an account with. If the gambling site will not receive coins from gambling sites, it would be stated on the exchange ToS.

Is Coinbase still doing that?

This leads us to another question, do exchanges s mentioned it in their terms and conditions that receiving money from gambling sites are prohibited?

I have read one or two exchange terms of service and I haven't come across such warning, and haven't seen them blocking users who receive funding from casino's.

I think may be only those that have such restrictions may mentioned that on their terms of agreement, for clients to take note of, even coinbase may not mentioned such in the TOS, maybe I am not sure.

Oshosondy

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The only exchange that I knew that was doing that is Coinbase. There may be more exchanges that do that but I do not know them. I have used over 10 exchanges and non of them are against gambling.

What I can say is that you should read the ToS of every gambling site you want to open an account with. If the gambling site will not receive coins from gambling sites, it would be stated on the exchange ToS.

Is Coinbase still doing that?

Ojima-ojo

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Creating this thread for us to discuss what ways to resolve wallet blacklist on exchange because of gambling related issues.

What motivate me to start this thread is a recent event with a popular exchange which freezes a customer account because of funds received from gambling site as rewards, so in this kind of situation where a wallet got blacklisted what are the ways to go about redressing and to redeem the situation legally.

Topic: How to resolve gambling related wallet issues - page 5. (Read 585 times)