Adin Ross reveals $40 million crypto gambling losses

Ross has a history of high-stakes gambling, including over-the-table gambling in Las Vegas

Popular online streamer Adin Ross has revealed staggering potential losses of over $40 million in cryptocurrency through his gambling activities.

The disclosure came during one of his recent streams on Kick.com, a platform where he is both a streamer and co-owner and which has ties to crypto gambling platform Stake.com.

During the stream, Ross listed the various cryptocurrencies he claimed to have lost, including 12,979 Ethereum, 29 Bitcoins, 550 Litecoins, 201,000 USD Tether, 144,000 Dogecoins, and 701,000 USDC coins. He challenged viewers to calculate the total amount lost, emphasizing the significant sums involved.

Based on current conversion rates, Ross's losses amount to approximately $43.67 million. This considerable figure underscores the risks associated with online gambling, particularly in the volatile realm of cryptocurrency.

However, this is not the first instance of Ross facing financial setbacks related to his gambling ventures. Known for his preference for high-stakes gambling, Ross has previously been spotted engaging in over-the-table gambling in Las Vegas, often alongside prominent figures such as UFC President Dana White.

Moreover, Ross has also encountered losses and controversies beyond his online activities. In February 2024, he collaborated with rapper 21 Savage, who was later accused of cheating in a wager worth over $200,000.

Additionally, Ross experienced financial losses after paying rapper Playboi Carti to appear on his stream, only to be disappointed when Carti left prematurely, causing tensions between them.

At the same time, Ross is one of the most successful streamers on Kick. At the beginning of February, he made history on the Kick platform by reaching 1 million followers, marking a significant milestone in his streaming career.

Through collaborations with prominent personalities like Drake and Chris Brown, Ross has built a dedicated following despite facing challenges such as a Twitch ban in 2023.

Ross is definitely thriving on Kick and does not regret having to leave Twitch. In October last year, in a remarkable birthday surprise, Kick CEO Eddie Craven and his team gifted him a brand new Rolls Royce during a livestream. This event underscored Ross's pivotal role in Kick's growth.

With exclusive privileges and a lucrative Kick contract estimated to be worth over $100 million, Ross continues to innovate and attract millions of followers across various platforms, solidifying his status as a trailblazer in the streaming community.

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Written by Silvia Pavlof

Silvia has explored various forms of writing, ranging from content creation for social media to crafting movie scripts. Drawing on her experience as a journalist specializing in the gambling sector, she is currently investigating the impact of cryptocurrencies and blockchain on traditional gambling and iGaming.

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