Tag: Unionstar

Capitolio’s Legal Threat Confirms the Rail Atlas Problem: Open-Banking Payees, Casino-Origin Funds, and Payment-Purpose Dilution

Illegal gambling Reg Techer -
Capitolio demanded removal of FinTelegram’s 1Go Casino payment-rail report but did not refute the core finding that CAPITOLIO INC. appeared as payee. Instead, it confirmed that this is standard architecture for its Open Banking on-ramp infrastructure — precisely the compliance issue FinTelegram’s Rail Atlas is documenting.

Cyprus-Based High-Risk Payment Processors For Online Casino Operators

gambling schemes Ben -
Cyprus is certainly the hotspot in Europe for high-risk payment processors and PayTechs working for financial service providers and online casino operators. Many unlicensed and Curacao-licensec Online casinos use companies registered in Cyprus as their payment processors. It is therefore consistent to conclude that a significant portion of the revenues of unlicensed or offshore-licensed online casinos ends up in Cyprus. We would like to know more about this.