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Digital currencies like Bitcoin, Ethereum, and others are no longer a niche topic but a part of the global financial market. Nevertheless, even perfectly legal crypto investors are increasingly coming under the scrutiny of law enforcement. Due to the use of automated evaluation systems—often referred to as “dumb algorithms” (DAIs)—there is currently an increased risk…

Why are there forgotten accounts? Over the course of a lifetime, people often accumulate bank accounts at various institutions – whether due to moving, changing jobs, or saving money. These accounts are not always documented or communicated to family members. Such accounts are referred to as dormant accounts. How can heirs track down such assets?…

What happened? The Merkur Group – known for platforms such as CrazyBuzzer, SlotMagie and MerkurBets – recently announced a serious data breach. Particularly concerning: apparently, copies of users’ identity documents and account details were publicly accessible. What does this mean for you as an affected party? Anyone who has received written notification from the Merkur…

What is a GDPR data request and why is it important for online gamers? The GDPR (General Data Protection Regulation) gives you the right to know what personal data a company has stored about you. In the case of online gambling, this also includes information about your gaming activities, stakes, winnings, and losses. This information…

Munich, Berlin, March 21, 2024 – Complaints against the cryptocurrency service provider Wirex are mounting in Germany. A growing number of investors report that they are unable to withdraw the digital currencies they have deposited on the platform. Several affected investors have already taken legal action and informed the Federal Financial Supervisory Authority (BaFin). Wirex…

Yes, inheritance tax can quickly become a significant financial burden. However, those who are familiar with the tax-free allowances and legal regulations can considerably reduce their tax liability. This article explains how inheritance tax is calculated and what strategies are available to save on taxes. How high is the inheritance tax? The amount of inheritance…

The Stuttgart Regional Court has underscored the importance of player protection in the context of online gambling with its ruling. The court clarified that providers must adhere to the legal deposit limits. Otherwise, they face significant financial consequences. The case involved a player who had suffered losses with two different providers. While the first provider…

The Higher Regional Court of Stuttgart has issued a landmark ruling for online sports betting. A player was able to reclaim losses exceeding €10,000 because the online sports betting provider had exceeded legal stake and deposit limits. The ruling clarifies that players can reclaim their money if providers violate the strict regulations of the Interstate…