The UK’s Gambling Commission has slapped In Touch Games Ltd. with a £3.4 Million fine after an assessment determined that the company had major failings in its social responsibility, money laundering and marketing responsibilities.
In Touch Games Limited, failed to observe the risk of “allowing customers to use a payment provider” that acts as “an exchange for crypto-currencies”. The company was found to have neglected to “conduct appropriate levels of enhanced customer due diligence”, and also failed to “critically review source of funds information” once requested.
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