Potsnatch.com flagged as fake crypto casino that asks for deposits before withdrawals
MalwareTips calls Potsnatch.com a fake crypto casino: a slick lobby and sign-up bonus, but when users request a withdrawal the site asks for a new crypto deposit to 'verify' the account, followed by further demands. M…
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Source: malwaretips.com · published
What happened
MalwareTips calls Potsnatch.com a fake crypto casino: a slick lobby and sign-up bonus, but when users request a withdrawal the site asks for a new crypto deposit to 'verify' the account, followed by further demands. MalwareTips says Potsnatch.com was registered on October 24, 2026 and is built from the same site kit as potrushx.com, rushario.com, slotazzo.com and spinovaq.com, which it previously exposed. It says such sites are pushed through social media ads and Discord/Telegram messages with unproven celebrity endorsements.
How the scam works
MalwareTips says sites like this rarely appear in search results. Promo codes spread through TikTok clips, YouTube ads, Facebook and Instagram posts and messages in Discord and Telegram groups, usually with screenshots of huge payouts, a bonus worth thousands and a "limited time" warning. The lobby borrows its look from well-known crypto casinos, leans on words such as "blockchain", "decentralized" and "provably fair", offers familiar games such as Crash, Plinko, Mines, dice and slots, and runs constantly moving "recent wins" and "withdrawals" feeds. Claims of celebrity backing (names such as Elon Musk or MrBeast are common) have no credible evidence behind them.
Sign-up takes seconds, with no identity or address checks, and some sites push visitors to connect a crypto wallet instead; MalwareTips warns never to approve those permissions. The promo code credits a large bonus, often $2,000 to $10,000, and early wins are common. When the player tries to withdraw, messages appear such as "Withdrawals are locked until verification is complete" or "Minimum deposit required to withdraw". The site or its support chat then asks for a fresh crypto "verification deposit", commonly $100 to $500, sometimes called an activation fee, network fee, security deposit or wallet validation. Paying leads to new demands (a higher verification tier, a VIP upgrade, a tax on winnings) and excuses such as "your withdrawal is pending" until support stops replying. The payout never arrives.
Source
MalwareTips, "Potsnatch.com EXPOSED - Scam Or Legit? Investigation" (published 25 October 2026).
Red flags
- A large bonus credited by a promo code from a social media clip, ad or group chat.
- Claims of celebrity backing with no announcement on the celebrity's official accounts.
- No identity checks at sign-up, or a push to connect your crypto wallet.
- A brand-new domain, or a site that looks identical to other crypto casinos.
- Any 'verification deposit', 'activation fee', 'network fee' or tax you must pay before a withdrawal.
If you were targeted
- 1Don't deposit, and never pay a fee or deposit to unlock a withdrawal: the balance on screen isn't real money.
- 2Don't approve wallet-connection or token permissions requested by the site.
- 3If you connected a wallet, review and revoke token approvals and move remaining funds to a new wallet if you approved anything you don't understand.
- 4Keep screenshots, transaction IDs and wallet addresses; crypto payments are rarely reversible, so report quickly.
- 5Report the site and the ad or post that promoted it; in the U.S., report to the FBI's IC3 (ic3.gov) and the FTC at ReportFraud.ftc.gov.
- 6Be wary of anyone who later offers to 'recover' your crypto for a fee.