Shuffle, a crypto casino and gambling site, has signed a letter of intent to acquire Sherbet, an online crypto casino known for its NFT and BTC betting platform.
Sherbet's operations will wind down, but users can withdraw their funds within 30 days.
Controversies surrounding Sherbet's alleged scams, lack of a valid license, and questionable KYC practices have been raised by users.
Shuffle CEO, Noah Dummet, acknowledged the concerns and assured users that Sherbet's matters are being addressed.