If you’ve ever wondered whether a crypto-first poker site can be both private and tough on cheaters, here’s your proof. CoinPoker froze a $10,000 account tied to real-time assistance (RTA) and then redistributed the full balance to 59 affected players—publicly, with receipts. That’s the kind of security story I like to tell: clear detection, swift action, and money back to the honest grinders.
Check out the official tweet here:
Below I’ll break down what happened, why it matters for Pot Limit Omaha players, and how CoinPoker backs this up with audited RNG policies, responsible-gambling tools, an Anjouan license, and a live, on-chain Proof of Reserves you can check yourself.
What happened, in plain English
- The incident: CoinPoker flagged a player using outside assistance, froze $10,000, and opened an internal investigation. The details and screenshots were shared publicly by CoinPoker ambassador Mario Mosböck.
- Restitution: CoinPoker’s official account confirmed that the confiscated balance was credited to 59 affected players, pro-rata based on hands and losses. That’s transparent and rare.
Why this is a big deal for PLO grinders
- Operational transparency = EV: Publicly documenting the catch and the payback tells honest players their edge is being protected—not just in marketing copy but in actual transfers.
- Deterrence: When a room shows it will seize funds and redistribute them, the risk-reward for cheating gets crushed. That protects game quality, rakeback value, and your long-run hourly.
Security stack you can verify (not just trust)
- Fairness & RNG: CoinPoker publishes a Fairness & RNG Testing Methods policy (GLI-style compliance, RNG/RTP methodology, and third-party testing expectations). It’s dry reading—but it’s the right kind of dry. Source: (Coin Poker)
- Responsible Gambling tools: Time/deposit limits, cool-offs, and self-exclusion (including help-center flows). Good for bankroll discipline and inevitable downswing days.
- License & entity: CoinPoker states it is licensed by Anjouan (Union of Comoros) with a listed license number and corporate details (Precise IG Solutions B.V.).
- Privacy & data handling: The Privacy & Management of Personal Data (2025) policy spells out processing, governance, and contact details.
“Anonymous poker” vs KYC: what you should actually expect
CoinPoker leans privacy-first. You can play via crypto with minimal friction, but their AML/CFT policy (2025) makes it clear that targeted KYC can apply based on risk and regulatory triggers. That’s how it should be framed: play privately by default, verify when policy or law requires.
TL;DR: Think “privacy-first with risk-based KYC,” not “no KYC ever.”
Proof of Reserves (PoR): see the funds on-chain
This is the part I love. CoinPoker publishes Proof of Reserves and even a Validation Tools page so you can view holdings and segregation in real time. Multiple third-party write-ups and CoinPoker’s own pages document that customer balances are backed 1:1 and visible on the blockchain.
Responsible gambling tools you’ll actually use
From self-exclusion to limits, the flow is clear (and enforceable during the exclusion period), with support linked from the help center. If you’ve read my bankroll management strategy pieces, you know I consider these part of your risk framework, not feel-good fluff.
Bottom line for PLO players
CoinPoker just gave us the best of both worlds story: privacy-friendly onboarding and crypto rails plus a security posture that detects cheaters and pays the victims. Back that with a published RNG policy, visible on-chain reserves, and an active RG toolkit, and you have a room that’s actually aligning with long-term player EV.
Key Takeaways
- $10K seized, 59 players repaid. Public acknowledgement and transparent make-good.
- Auditable fairness docs (RNG / testing) are live—not just claims.
- Privacy-first, risk-based KYC per published AML/CFT and Privacy policies.
- Live Proof of Reserves shows player funds are backed 1:1 on-chain.
- RG tools (limits, cool-offs, self-exclusion) are in-product and enforced.
FAQs
Yes. CoinPoker’s official X post confirms the confiscated balance was credited to 59 affected players, based on hands played and amounts lost.
Per Mario Mosböck’s public thread, the player used outside software during hands (RTA). Screenshots from an internal security report were posted.
CoinPoker is privacy-first and crypto-friendly, but the published AML/CFT policy allows risk-based verification. Expect targeted KYC when policy or law requires it.
Check the Proof of Reserves and Validation Tools pages to see on-chain balances and segregation.
CoinPoker publishes a Fairness & RNG Testing Methods policy outlining testing and compliance principles.
As a PLO enthusiast with nearly 12 years of experience, I’m passionate about breaking down the complexities of Pot Limit Omaha, helping you sharpen your strategy and grow your bankroll – no matter your current level. I also share exclusive bonus and rakeback deals, along with discounts on poker courses and tools, so you can get an extra edge. When I’m not writing, you’ll usually find me online, playing PLO cash games and turbo MTTs.
