Blaze came into the crosshairs of financial influencer Tiago Reis, responsible for criticizing bitcoin as a currency and helping to bring down several financial pyramids of cryptocurrencies in Brazil, one of the last to fall was Braiscompany, in Paraíba.
Reis, known for his role at Suno, is one of the proponents of the idea that people should invest their time and money in serious and regulated studies and investments in search of dividend gains.
His winning strategy is long-term and the Brazilian recognizes billionaire Warren Buffett as one of his idols.
That is, investing money in casinos like Blaze, which mainly operate in Brazil, is not a legal way to make money, according to Tiago Reis.
Tiago Reis warns people who want to get rich with Blaze
Via Twitter, Tiago Reis expressed criticism and indirectly issued a warning to anyone who hopes to make a lot of money quickly with Blaze.
Tiago’s comment quoted a dividend page publication, which understands that no one wants to get rich slowly. With that, very few actually manage to get rich one day as all promises of quick riches turn out to be scams against investors.
Most want to get rich quick in the fire. https://t.co/w04ZPgtruq
— Tiago Guitian Reis (@Tiagogreis) June 8, 2023
After commenting on the incessant hunt for wealth-seekers on platforms like Blaze, Tiago Reis remembered that only the influencers who promote the casino get rich.
Some of the influencers who usually talk about Blaze in public are Felipe Neto, Neymar and other famous people in Brazil. In addition, the company promotes Santos Futebol Clube and Atlético Goianiense, Brazilian football clubs.
Blaze is not recommended by Advertising Aqui
At Advertising Aqui, Blaze has already received more than 5,700 customer complaints for various reasons. Some of the main ones include missing balance, chargeback issues.
With only 18 complaints answered, the company is subsequently treated as “Not Recommended” by the reference complaint platform for Brazilian consumers.
Some other complaints relate to difficulties processing payments via PIX and Blaze credit cards. It is worth remembering that this online casino does not accept payments in Bitcoin or any other cryptocurrency, as it is not a means of payment on the platform, which has never dealt with technology.
Blaze owner revealed? Sources suggest a connection between the Brazilian and the company, but the evidence is still weak
On the internet, some sources have revealed that the Brazilian “Erick Loth Teixeira” is the owner of Blaze, as he registered the domain “Blaze.com.br” in Brazil.
However, anyone can register a domain in Brazil. A similar situation occurred with the arrival of Binance in Brazil, when a lawyer registered the Binance trademark and was even sued by the broker.
In any case, the obscure company continues to receive criticism on the Internet for having no known owner. It is worth remembering that casinos are still banned under current Brazilian law, despite people’s interest in accessing such platforms.
Livecoins did not find those responsible for Blaze to comment on the issues and criticism, but space remains open for demonstrations.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
