Illegal Gambling: Update on BC.Game & Rabidi Scandals with Maltese IGA Group. Request 4 Information!

The scandals surrounding the collapsed crypto gambling platforms BC.Game and Rabidi deepen. With its bankruptcies in Curacao, allegations of illegal license transfers and questionable offshore operations have emerged. Investigations now target the involvement of high-profile figures such as former Maltese Gaming Authority (MGA) chairman Mario Galea and the Maltese IGA Group.

Short BC.Game Narrative:

BC.Game, once operated by Blockdance B.V. under a Curacao license, was declared insolvent on November 12, 2024. Yet, shortly before its bankruptcy, its gambling license was allegedly transferred to Small House B.V., another entity—a move the Curarcao-based investigator and politician Luigi Faneyte deems illegal.

Faneyte, whose findings are detailed on Lokinvestigation.com, accuses Mario Galea of facilitating this transfer, with evidence purportedly backed by a recorded phone call. The call implicates IGA Trust B.V., another Curacao-based legal entity and part of the Maltese IGA Group around the Maltese Mario Fiorini. Allegedly, the IGA Trust was involved in the asset transfers and licenses for operators like BC.Game.

IGA occupies a central role in Curacao’s gaming regulatory landscape as one of the primary trust offices serving gaming operators. Formerly known as Wyze Management B.V., IGA underwent a significant transformation under the leadership of FIORINI, FELIX, and HANST, all of whom are directly implicated in the ongoing investigation … IGA manages the trust services for BC.Game and Adonio. It facilitated or helped to facilitate the transfer of assets from Blockdance to Small House as well as from Rabidi to Adonio. As the statutory director ofIGA, FIORINI’s role in legitimizing these fraudulent transactions ties him to violations of Article 2: 184, CCC as well as Articles
2:298, CCC ( embezzlement) and 2:405, CCC (money laundering).

Source – LOK Investigation, Supplemented Criminal Report.

Via IGA Trust (formerly Wyze Management), there are strong connections to the bankruptcy of Rabidi N.V., a Curacao licensed casino operator that also collapsed and whose assets disappeared shortly before it went bankrupt. Apparently, the Maltese IGA Group, via its Curacao entity, also had a hand in the Rabidi case.

Meanwhile, BC.Game’s operations have shifted to Twocent Technology Limited, a Belize-registered entity using an offshore license from Anjouan Gaming. Such offshore licenses are notorious for their lax oversight and lack of legitimacy in regulated markets. BC.Game’s gambling activities, like those of other platforms operated by Twocent Technology, including hash.game, blaze.game, and cocobeast.com, are prohibited in Europe, North America, and most Asia-Pacific jurisdictions.

This case exposes a disturbing trend: illegal gambling platforms, supported by crypto payment processors, are proliferating under offshore licenses that fail to meet regulatory standards.

Key Data BC.Game

Request for Information:

FinTelegram is seeking insights into the background and backers of BC.Game. Who are the beneficial owners behind Twocent Technology Limited and the associated offshore platforms? What is the extent of the Maltese connection, and how deeply are Mario Galea and Mario Fiorini involved?

The rapid growth of illegal crypto gambling platforms like BC.Game highlights the urgent need for transparency. We invite insiders, whistleblowers, and concerned citizens to provide information anonymously via Whistle42.