Duelbits Co-Founder Confirms $7M Hack as Casino Remains Offline

The co-founder's on-the-record confirmation matters more than the loss itself: attributing a seven-figure drain to an external hack, rather than an internal failure, sets the frame for how the platform's response will be judged. The pledge that customer balances are unchanged is the load-bearing claim, and it remains untested until withdrawals actually resume — that gap between assurance and access is where reputational risk sits. Consolidating stolen funds into ETH is a familiar laundering pattern, so the open questions are whether withdrawals reopen as promised and whether the incident prompts any broader scrutiny of crypto casino custody practices.