Crypto-gambling Giant Stake.com Hit with $400million...

Summarized by: Live Sports Direct
 
Crypto-gambling Giant Stake.com Hit with $400million...

Stake.com is the cryptocurrency casino and betting platform. It is valued at more than $1billion. Christopher Freeman claims he co-founded the company with Bijan Tehrani and Ed Craven, but they cut his stake to 14%. He is suing for $400 million. Stake UK strongly rejects the claim. They say the lawsuit is an attempt to spread false information and extort money. They are confident the case will be dismissed. The company is confident that these allegations will not be accepted.

Crypto-gambling giant Stake.com has been hit with $400m. Everton fans are unhappy about the club's partnership with the company. There are already 55,000 children addicted to gambling in the UK. The petition's organiser, Ben Melvin, is calling on Everton to change their mind.