Drake Named in RICO Class‑Action Over Promotion of Crypto Casino Stake
Famed rapper Drake has been named as a defendant in a RICO class‑action lawsuit alleging wrongdoing tied to his involvement with the crypto casino Stake. The complaint, filed on Jan. 5, accuses Drake of promoting the platform; details in the public filing focus on the promotional activity rather than criminal findings at this stage. No judgment has been made and the case is now in the civil litigation process.
The suit matters because RICO claims carry heavy potential liabilities and could set a precedent for targeting celebrity endorsements in crypto and online gambling. Beyond possible financial exposure for named individuals, the litigation may prompt stricter scrutiny of how crypto casinos market to consumers and influence influencer disclosure practices. Market and reputational fallout for Stake and associated promoters could follow as the case proceeds.