Thread by @itsbalahere_

Rollbit ($RLB) Red flags ⛳️

Are they doing crimes ? 👮🚨

Let's dig in 🧵

Let's know about the project first, rollbit is a new online casino gambling project.

It is a project located its hq at Curacao, which is basically a tax heaven island.

As no info of team is publicly available on socials, when i asked to customer support, they denied the same

With the little info i found at their website footer, their legal name is Bull Gaming NV company and their payment can be processed by Wingaming Support Ltd.

Now, from the registrar sites, i investigated it further down

I found,Bull Gaming NV director is Envision Managers NV, where Christiana Georgiou is the MD and their payment site,same person Christiana Georgiou is the secretary of Wingaming Support Ltd.

Now, who is this Christiana Georgiou, no one knows, as far found, only a linkedin profile who is also from Cyprus where Wingaming is registered but no mention of rollbit/wingaming/bullgaming in his profile

Thus the team is full doxxed acting all hidden from a tax heaven !

Now, after the team analysis, lets see what they did recently.

In less than this week, price have plumpted over 30-40%

Story starts, when they removed Curacao official license from their footer.But why ?

March 31st: Team Announced
- It is in current annual renewal period
- Their NFT and crypto futures have never been covered by our gaming lisense

March 31: Fatman when asked to customer care executive, they told license is removed from website due to UI issues

April 1st : Our licensor has suggested some changes related to our NFT and Crypto Trading offerings. ( But wait a min ! earlier team told nft and crypto trading futures were not covered under liscense 🧐)

(contd.)

- Team announces, if necessary, there's serveral liscense issuers in Curacao

Reading between lines, are they telling their is no liscense as of now, and looking for next.

So, was fatman sources were telling truth ?

So team really tuned quick by telling license was removed because of annual renewal period -> ui issue -> licensor suggesting changes

Sounds fishy right, hell yeah !

Now, lets move to the most intersting part, factchecks !!

-> Rollbit claims that its license is currently undergoing an annual renewal process, which is standard for Curaçao-licensed platforms

Factcheck= Curacao license is renewed every 3 years and main liscense remains valid for 5 years and sub liscense can be renewed prior advance

Now the most important part is, as per the byelaws, if rollbit is currently have no license and running, ITS A CRIME !!

I checked up the curacao licensee registrar and found, they are unlicensed project, thus performing crime until they get license.

So, as they are illegally performing, if the website is taken down as whole all of sudden by law enforcements, whole clients and investors money will be rugged, and they would say all should have #DYOR

So, as possible share this news to everyone of the community.

Story doesn't end here, as i confirmed with rollbit customer agents' they confirmed me, some influencers who were knows as partners heavily shilled to be paid, one among them was @gainzy222

According to @zachxbt, when gainzzy have tweeted about buying 400k rlb, on-chain confirmed, he have sold the same and participants argue with the chain analysis, he have sold well over 80% which he shilled.

So, influencers were paid to shill up the price and were paid to maintain those price levels and those influencers dumped on their followers head ?

The license issue may get resolved sooner or later, but why team doesn't opt to be transparent ?

This was another story, whose project is a cash cow but broke the trust of community due to lack of transparency and communication of team where paid influencers too betrayed.