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UKGC fines Fafabet £170,000 over unfair terms and compliance failures

The UK Gambling Commission fined Taichi Tech, which trades as Fafabet, £170,000 for regulatory breaches, including unfair bonus terms and weaknesses in customer protection and anti-money laundering controls. The UKGC also required a third-party audit of the company’s AML and safer gambling policies; Taichi Tech acknowledged the breaches and said it had taken remedial steps.

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