kristabimps

[kristabimps]

$250,000 Down the Drain: My Harrowing Experience with Kineko.com's Scam

What Happened

Hi, I have had an account with Kineko.com since December 2022. Over the next six months, I played at this casino with considerable volume, focusing mainly on sports and major European football leagues. My betting limits were increased multiple times, starting from $10k to $12k, then from $12k to $18k, and finally from $18k to $20k.

In the first four months, I was losing. However, the issues with Kineko began in May 2023, when I attempted to withdraw a significant portion of my $250,000 balance after a lucky streak on football earlier that month. On June 23rd, 2023, I received the following message from Kineko's developers:

"I have updates from our management regarding the pending withdrawals: „Our data provider is not processing the payments as promised. We are now in litigation with the vendor on the agreed payments which can take between 4-6 weeks. Sorry for the bad news but we are not able to speed this up at this point. If you wish to still bet/deposit/withdraw we can open a second account. Processing withdrawals for your main account is not possible until the litigation concludes. Please note that we are in the process of switching to a new sports data provider and will have improved event coverage and better lines in the future. Sorry for the inconvenience, this is a first for us.“" Proof: Image 1, Image 2

I responded:

"How you run your risk management is not my responsibility. I played with Kineko when betting, not a third party. You are the party that owes me my balance. If you have deals behind the scenes, that is your business. You are a profitable casino. I believe you will be even more profitable in the future. Could a payment plan be agreed upon?” Proof: Image 3

Eventually, we agreed upon a payment plan. On July 15th, Kineko offered to process $10,000 worth of withdrawals every week until we reached a conclusion. Proof: Image 4

This payment plan was followed for two weeks. However, they missed one week, then a second one. Kineko management then said:

"We will process $20,000 on Wednesday next week - the 9th of August 2023 - accounting for both weeks. Sorry for the delay on the info. I will make sure this gets processed accordingly" Proof: Image 5

The $20,000 was never processed on August 9th, 2023. They gave constant excuses until September 14th, 2023, when I received this email:

"I’m writing you in hopes of finding an amicable solution to the withdrawal situation. We have had many internal discussions about this issue, and we are eager to reach a fair deal with you. In the past months we had major problems with our current sports data provider in terms of offering really high odds for various games even after countless requests to sort this out. As a consequence we are 2 weeks away of switching our feed provider to an industry-leading solution. Our current provider is not willing to cover any losses occurred and the legal process around this will potentially drag out for several years. Given that you already received an excess of 100k in net withdrawals would you be willing to reach a settlement with us? I hope you understand the difficulty of the situation and our position as a young startup." Proof: Image 6

I responded:

"I wish you the best of luck with your decision to change providers. (…) You may have noticed that I have engaged a third-party mediator through casino.guru to address the withdrawal matter. In the complaint, there are four points I list to be addressed: 1. A comprehensive update on the status of my outstanding payments. 2. An explanation for the recurring delays in processing my weekly withdrawals. 3. A clear and reasonable timeline for the complete resolution of the payments. 4. Assurance that my remaining balance and pending withdrawals are secure and will be processed without further delay. An "amicable solution to the withdrawal situation" can be found if all these four points are fulfilled. From my perspective, this is both reasonable and fair. What do you think?" Proof: Image 7

On October 3rd, 2023, I received this proposal from Kineko management:

"Here’s the option that would work for us: Payment of $10k worth of withdrawals every 15th of a month (…) You will be paid in full. Let me know if that works for you!" Proof: Image 8

I eventually agreed to this payment plan. Parts of it are public on casino.guru (I will publish the rest if relevant). I received the first monthly payment on November 22nd, 2023.

The reason I publish this scam accusation today is that Kineko breached the payment plan for a second time as I did not receive any monthly withdrawal for December (or any month since). They have been non-responsive during this time. The last I heard from Kineko management was on January 18th:

"Apologies for the break! I will contact you throughout the next week as I’m currently out of the office for personal reasons." Proof: Image 9

I never heard from them again. They did not reply to the complaint procedure at casinomeister.com either. Proof: Image 10

Additionally, for Kineko community's information, they are currently running an NFT project which could cost people a lot of money if treated as I have been. Link: Kineko NFT Project

This case proves that Kineko's word means nothing. They are clear-cut scammers if they do not adhere to the agreed-upon payment schedule and release my withdrawals. I have waited one year for my withdrawals this month. I have been more than reasonably patient. Release my funds, Kineko.

Scammers Profile Link: Kineko

Reference Link: Casino Guru Complaint, Image Proof

Amount Scammed: 181,042 USDC, 42,026 USDT, 3.377 ETH, 0.3164 BTC, 2.59 SOL Proof: Image Album

Payment Method: BTC, ETH, USDT, and USDC Proof of Payment: Proof of Payment

Additional Notes: I advise against using the Kineko website, token, or NFT project until this dispute is resolved.

[kristabimps]

$20,000 Down the Drain: The Unforgivable Scam That Left Me Penniless

I made my Betcoin.ag account on March 2nd, 2022, almost a year ago. I initially deposited $1000. Since then, I've been betting on sports, particularly football and basketball, on and off for about a year. However, I found the betting limits on this website were not very high. Therefore, I discovered Playbetr.com, which is a sister website to Betcoin.ag, offering higher limits.

I created my Playbetr.com account at the end of last year, on December 31st, 2022. My first deposit on Playbetr was $4000. Later, I deposited another $1000 to $2000, though I'm not sure about the exact amount. Similarly, on Betcoin.ag, I deposited another $1000. In total, I deposited around $7000 to $8000 across both Betcoin.ag and Playbetr, all in BTC. I never had any issues.

On Playbetr, I had only been betting on the NBA. Initially, I was losing. Then, I won some bets on both sites, specifically on NBA basketball. Importantly, I did not place the same selections on both sites; my bets were completely different on each platform. Although I had been previously losing, that seemed acceptable to them.

After winning some bets, I attempted to withdraw my balances from both websites. I realized I had been limited to less than $10 stakes on NBA bets. The total withdrawals were 0.65 BTC from Playbetr and almost 0.21 BTC from Betcoin. Both sites emailed me, requesting KYC verification. I uploaded full KYC documents to both sites, including pictures of my driving license, selfies, and address proof. My accounts were fully verified, and I was waiting for my withdrawals.

The next day, I tried to log in, but I couldn't. I was unable to access any features of my accounts on either website. Essentially, they blocked my Playbetr and Betcoin accounts simultaneously without any apparent reason. I received an email from both sites claiming that I had been guilty of fraudulent actions, and they had the right to terminate my accounts and suspend payouts. Interestingly, they offered to return my deposit, which I found laughable. I don't care about getting my deposit back.

This situation is not isolated. I have seen this happen to more people. They closed my accounts without providing any explanation or evidence and ignored me for weeks. I have been emailing them since January 3rd, 2023, but there has been no reply for over a month. I tried speaking to them through live chat, but I received the same response every time: "email for more information, sir."

I've noticed that Playbetr specifically responds to many threads on forums, often claiming to be very transparent and fair. I am surprised by how well-informed they seem and their consistent replies to complaints. Now, I would love to know why I have been scammed out of 0.85 BTC, which is almost $20,000 at the moment. They listed various fraudulent actions I allegedly committed but did not explain how I violated any of them. I am certain I did not.

These actions include syndicate play or collusion with other players, match-fixing, late betting, development of unfaithful winning strategies, arbitrage or corridor betting, fraudulent actions against other casinos or payment providers, chargeback procedures, providing incorrect personal information, being bankrupt in my country, suspicion of money laundering, and using devices or software to place bets. None of these apply to me. I have only been betting on NBA, one of the biggest markets globally, and it is impossible to cheat in these markets.

Their claim that I cheated is false, and they are ignoring me and many others. I refuse to let this be ignored and will do anything to take it further. It's ridiculous that they offered to repay my deposits, which I wouldn't accept, but still ignored me when I mentioned it. Other users have contacted Curacao courts and lawyers. I am willing to pay any amount or do anything to resolve this. I won't let these scammers get away with cheating innocent, fair players.

Here are some links proving my claims: Proof of my withdrawal requests shows I had 0.85 BTC in total across both accounts. Screenshots of bets I won on Playbetr show fair, normal NBA bets. A video of me trying to access my Playbetr account after receiving the emails, where I now can't even log in, and a video of a conversation with a friend proves I did not use Playbetr until before December 30th, 2022.

To summarize: The total amount is 0.85 BTC (deposits and profits). My accounts were randomly blocked on January 3rd, 2023, after requesting withdrawals. I did not break any rules. I have received no reply via live chat or email and have been ignored. There is no explanation or evidence to support their actions.