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More than $2.3 million was drained from Gamdom’s hot wallets, and the casino went offline after the funds moved to new addresses
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More than $2.3 million was drained from Gamdom’s hot wallets, and the casino went offline after the funds moved to new addresses
Gamdom has gone offline after more than $2.3 million was taken from its hot wallets and moved on to new addresses. For PSPs and acquirers serving iGaming, the detail that matters is simple: this is a live treasury event, not just a headline.
- More than $2.3 million was stolen from Gamdom’s hot wallets. The funds were then sent to new addresses, which is the kind of on-chain movement payment teams watch closely when they are trying to trace where the money went and whether any of it can still be intercepted or flagged.
- After the transfer, Gamdom went offline. The company has not explained what happened, so there is no public account yet of whether this was a wallet compromise, an internal control failure, or something else entirely.
- For high-risk payment providers, the operational takeaway is that hot-wallet exposure remains a direct balance-sheet risk for casino operators. If the treasury setup is too exposed, the payment stack does not just process risk — it inherits it.
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