Dutch gambling regulator warns operator over illegal practices
The Dutch gambling regulator, Kansspelautoriteit (KSA), has issued a warning to FBC, the operator of the freebitco.in platform, for conducting illegal gambling activities in the Netherlands without a license. KSA investigators were able to create accounts, deposit funds, and participate in games of chance on the platform. FBC has been ordered to cease these operations immediately or face an initial fine of €280,000, which could escalate to a maximum of €840,000 if non-compliance continues.
