SoftSwiss, once hailed as a leader in the iGaming software market, now faces growing scrutiny over its deep entanglement with money laundering, fraud, and the facilitation of illegal gambling operations. Despite claims of providing innovative and secure solutions for online casinos, the company’s role in facilitating illicit activities appears undeniable.
At the center of these allegations is SoftSwiss’ allegedly close ties to a network of unlicensed casinos that have been accused of operating as platforms for laundering large sums of money. According to multiple reports, SoftSwiss powered platforms are suspected of being used as a vehicle for illegal transactions, from dubious crypto exchanges to unregulated online gambling operations. One of the most significant revelations came from the investigation into the RevDuck network, which showed that SoftSwiss was providing the backend infrastructure for illegal casinos to operate, without any regard for compliance with global regulatory standards.
SoftSwiss’s affiliate marketing platform, Affilka, has also come under fire. Evidence suggests that Affilka was used as a tool to promote and sustain these illegal operations, making it a central part of the broader scam. The company’s software provided an easy way for unlicensed gambling operators to track and reward affiliate marketing, while concealing the illicit nature of the operations. The very infrastructure SoftSwiss offers was being misused to conceal the flow of illicit funds across borders, with little to no oversight or regulation.
Additionally, SoftSwiss is now facing increased scrutiny over its apparent negligence in identifying or reporting suspicious activity. The company’s failure to adhere to anti-money laundering (AML) protocols has raised questions about its commitment to combating illegal gambling and financial crimes. Industry insiders have begun to wonder whether SoftSwiss’ willingness to work with questionable operators is a result of a deliberate strategy to avoid regulation, or whether it’s simply an inability to police its own infrastructure.
As the investigations into SoftSwiss continue, the company’s apparent indifference to the regulatory frameworks in place raises alarm bells about its future. Given the mounting evidence of its involvement in illegal gambling and financial crime, SoftSwiss may be facing severe consequences, both legally and reputationally.
