Russian Criminals Build Scalable Affiliate Network for Slick Cryptogambling Scams
Posted on: August 29, 2025, 07:59h.
Last updated on: August 29, 2025, 08:55h.
- Russian affiliate network powers large-scale cryptogambling fraud
- Startup-style tactics streamline scams with professional efficiency
- Victims lured by fake credits and influencer-backed promotions
A remarkably polished wave of online gambling scams has swept the internet in recent weeks — and cybersecurity experts say the mounting fraud is powered by a turnkey affiliate platform run from Russia.
In July, investigators at KrebsOnSecurity identified a sudden proliferation of what are being called “scambling” sites — online gaming portals that entice players with large promotional credits only to demand cryptocurrency deposits when it’s time to cash out, then vanish with the funds.
‘Soulless Project’
Behind the campaign is an affiliate operation known as Gambler Panel, which openly calls itself a “soulless project … made for profit.” The platform supplies its partners with a fully customized “fake casino engine,” designed down to the pixel to appear legitimate even to longtime gamblers, KrebsOnSecurity reports.
Gambler Panel shows that scammers are adopting startup-style systems and marketing tactics to scale theft with ruthless efficiency.
This is how the scam works: victims see ads on social media touting an exclusive partnership with athletes or influencers and get offered a $2,500 credit in exchange for signing up with a promo code. Once in, they play the games and appear to win — but when they attempt withdrawal, they’re told a “verification deposit” of roughly $100 in crypto is required. After depositing, users are gently coaxed into making even more wagers, and almost invariably lose everything.
Massive Network
Gambler Panel has institutionalized this scheme, building a robust infrastructure to streamline exploitation. Affiliates keep up to 70% of the profits. A wiki hosted on the platform offers everything from advertising templates to chat support scripts, and even tactics tailored to Instagram and TikTok.
The network appears massive: the program claims more than 20K affiliates, each earning at least $10 per verified deposit. New partners are vetted through a Telegram group with around 2,500 active members. The only traffic restriction? No users from CIS (Commonwealth of Independent States) countries.
Visually, Gambler Panel mimics a glossy startup, with social media displays of sleek affiliate dashboards, luxury vehicles, and promotional models.
One cybersecurity enthusiast known as “Thereallo,” a 17‑year‑old operating multiple Discord servers, helped uncover the network.
“The wiki is kinda like a ‘how to scam 101’ for criminals written with the clarity you would expect from a legitimate company,” he told KrebsOnSecurity. “It’s clean, has step-by-step guides, and treats their scam platform like a real product. You could swap out the content, and it could be any documentation for startups.”
No comments yet