Jonasson MacKenzie posted an update 5 months, 2 weeks ago
SoftSwiss (Alias: Direx NV or Dama NV) is an online casino whitelabel platform based in Belarus that is involved in illegal activity such as money laundering, tax evasion, and fraud.
While at a first look, SoftSwiss may seem like your average casino software developer and whitelabel platform, in reality they are hiding a criminal organization that steals millions of dollars from players every year.
SoftSwiss preys on gambling addicts , specifically targeting the most vulnerable people because they want that easy money, refusing GAMSTOP opt-out requests.
SoftSwiss commits tax fraud , shuffling money around different countries with low taxes and abusing cryptocurrency to pick up cash in Moscow, Belarus, and Germany.
SoftSwiss is known for money laundering millions in illegally obtained fiat currency and cryptocurrency, using their whitelabels as a cover for illicitly acquired money.
SoftSwiss runs more than 40 online gambling casinos such as BitStarz, N1 Casino, and JooCasino. They use these multiple whitelabels to hide their criminal activity and abuse international business and tax regulations.
As of 2019 SoftSwiss is under investigation by the Australian Communications and Media Authority for violations of international gambling laws, operating and advertising in Australia without a license, and evading due taxes. The CEO Ivan Montik and CTO Dzimry Yaikau have both been criminally charged in Australia as a result of their criminal actions. The management is attempting to sell the company in order to pass off the legal problems onto someone else.
You can learn more about the full extent of the criminal activities here