When “secure digital wallet” promises collide with what users actually experienced: On its official website, Ownr Wallet presents itself as a modern fintech product: an instant digital wallet, safe and secure, designed for universal online payments. The language mirrors that of legitimate electronic wallets operating across Europe and beyond. However, a case submitted to our … Continue reading Ownr Wallet: A Wallet That Existed Only on a Website? Inside the Masking of Illegal Gambling Transactions
🏝️ Dubai dream or Dubai scheme? How Genefix-FZCO (Spinanga/Scamanga) sells sandcastles
Dubai. €400,000. A luxury apartment on the Palm. Sounds like success, but in reality, it’s a masterclass in marketing fiction. Behind this so-called promotion stands not a benevolent casino, but Genefix-FZCO, the Dubai-registered ghost company that runs Spinanga, because what better way to keep the scam going than to promise an apartment in the very … Continue reading 🏝️ Dubai dream or Dubai scheme? How Genefix-FZCO (Spinanga/Scamanga) sells sandcastles
⚠️ Plix: the fintech that doesn’t see, doesn’t report, and keeps an illegal casino’s wallet running
💣 “We don’t know what we process.” Convenient blindness, fintech edition:When regulators ask fintechs about compliance, they usually hear the same words: innovation, automation, transparency. In theory-reassuring.In practice-Plix, a European fintech, currently maintains an active wallet for Lemon Casino, an unlicensed gambling operator functioning through the corporate entity Proton Bulls Ltd.The document says it all:Wallet … Continue reading ⚠️ Plix: the fintech that doesn’t see, doesn’t report, and keeps an illegal casino’s wallet running
💸 Zero on paper, millions in motion: how four estonian shell companies laundered casino money- enabled by Transactworld
📂 When “zero revenue” isn’t zero at all:Four Estonian companies-Reutla OÜ, Digitzen OÜ, Mustkn OÜ, and Skiesmack OÜ-proudly declared a grand total of zero in their financial statements.Zero revenue, zero expenses, zero employees, zero taxes and yet, through their payment systems, hundreds of thousands-possibly millions of euros quietly flowed to unlicensed online casinos. These weren’t … Continue reading 💸 Zero on paper, millions in motion: how four estonian shell companies laundered casino money- enabled by Transactworld
🧽 Operation “Disappear quietly”: After Spinangacase’s reports, Transactworld starts cleaning up its own mess
When you publish a series of investigations about a company that has long operated in the shadows and just days later, their entire infrastructure begins to vanish-you know you’ve hit a nerve. That’s exactly what happened after our reports on Transactworld Limited. Only a few days after publishing “Masks of Tallinn”, “The Man Behind the … Continue reading 🧽 Operation “Disappear quietly”: After Spinangacase’s reports, Transactworld starts cleaning up its own mess
💸 “Cleaning up the traces”: Spinangacase team uncovers a massive payment gateway swap after the Transactworld Scandal
When lawyers start sending letters, it usually means someone has hit the bullseye. Just hours after receiving a “pre-action defamation claim” from Troutman Pepper Locke LLP-representing Transactworld Limited-the SpinangaCase team discovered that a large-scale cleanup operation had quietly begun in the background and it wasn’t just one isolated incident. Our investigation revealed that the same … Continue reading 💸 “Cleaning up the traces”: Spinangacase team uncovers a massive payment gateway swap after the Transactworld Scandal
🍋 End of secrets: Lemon Casino is none other than Proton Bulls Ltd from London
🧨 When excuses no longer work:For months, Lemon Casino played the game of denial. Their messages to players followed the same tired script: “business decision,” “external operator,” “we are not responsible for payment processes.”, but the truth didn’t come from regulators or leaks. It came straight from the casino itself-from the very same inbox that … Continue reading 🍋 End of secrets: Lemon Casino is none other than Proton Bulls Ltd from London
The compliance illusion: Aashay Gandhi and the hidden machinery of TransactWorld. Part III.
Whenever the name TransactWorld appears in documents or payment investigations, one figure always stands behind the polished wall of compliance language and certificates-Aashay Gandhi.He is not the founder, he is not the investor. He is something more essential: the operator of a system built to look lawful while hiding the flow of illicit money.The silent … Continue reading The compliance illusion: Aashay Gandhi and the hidden machinery of TransactWorld. Part III.
🍋 On Monday we reveal the true face of Lemon Casino
For months Lemon Casino has been trying to convince the world that everything is perfectly legitimate. A modern platform, a clean license, a trusted company registered under a safe offshore jurisdiction, but what if that’s all a façade?What if the company name you see on their official website is nothing more than a front, a … Continue reading 🍋 On Monday we reveal the true face of Lemon Casino
Kryptonim.com & Vavada Casino. How €500 disappeared under the pretext of a crypto Exchange
In February 2025, a Spinangacase reader reported an unauthorized €500 transaction labeled “Ktm Warsaw.”What appeared to be a harmless payment turned out to be a casino deposit to Vavada, processed by the Warsaw-based company Kryptonim Sp. z o.o.At first glance, it looked like a standard card payment. In reality, it was an example of how … Continue reading Kryptonim.com & Vavada Casino. How €500 disappeared under the pretext of a crypto Exchange