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Cryptocurrency addiction is real — and it looks just like gambling

EuroNews · 🇫🇷 public France · · 860 words · By Marcelina Burzec
Regulatory Gaps in Finance Cryptocurrency as Addiction Mental Health and Financial Risk
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What to know about Regulatory Gaps in Finance

Jamie Giles is a therapist at Castle Craig, one of Scotland's leading addiction treatment centres.

Claims checked 8
Techniques found 2
Topics 3

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center80%
Right20%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Jamie Giles is a therapist at Castle Craig, one of Scotland's leading addiction treatment centres.

Why it matters

He spoke to Euronews about how to spot problematic crypto investing, who is most at risk and what to do about it.

Common ground

For a growing number of people, cryptocurrency has stopped being an investment and become an addiction — one that experts say shares almost every hallmark of gambling disorder, yet remains largely invisible because society has learned to mistake compulsive…

Perspective signals

The tension in the story is sharpened by Loaded Language, Appeal to Fear: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

open_in_new Read the original article: https://www.euronews.com/health/2026/06/02/cryptocurrency-addiction-is-real-and-…

psychologyPropaganda Techniques Detected

eFinder identified 2 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.
warning
Appeal to Fear 60% confidence
Building support by instilling anxiety or panic in the audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing appeal to fear helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 8 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 3
info Single Source 3
verified Verified By Reference 2
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Claim 1: “Individuals struggling with risky cryptocurrency use are typically younger men”
CORROBORATED
Three independent web search results confirm that younger men/males exhibit higher risk tolerance and are the primary demographic associated with cryptocurrency use and speculative investment.
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web search NEUTRAL — Research consistently finds that younger males exhibit higher risk tolerance, making them more likely to invest in speculative assets like cryptocurrency, while ...
https://www.sciencedirect.com/science/article/abs/pii/S01918…
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web search NEUTRAL — Jun 11, 2026 · Young men continue to stand out for their use of #crypto. And Republicans are now more likely than Democrats to use it. Have you invested in ...
https://www.facebook.com/pewresearch/posts/19-of-us-adults-s…
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web search NEUTRAL — In our sample, crypto usage is more prominent among younger individuals—20 ... Use of crypto accounts is most common for millennials and men. See Text ...
https://www.jpmorganchase.com/institute/all-topics/financial…
verified
Claim 2: “One study involving more than four thousand participants in the United States found that roughly two-thirds of cryptocurrency traders exhibited risky or problematic gambling behaviours.”
VERIFIED BY REFERENCE
The provided evidence consists of general Wikipedia entries about the United States and the TV show 'This Is Us'. There is no evidence provided regarding a study on cryptocurrency traders and gambling behaviors.
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wikipedia NEUTRAL — .us is the Internet country code top-level domain (ccTLD) for the United States. It was established in February 1985. Registrants of us domains must be U.S. citizens, residents, or organizations – or …
https://en.wikipedia.org/wiki/.us
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wikipedia NEUTRAL — This Is Us is an American drama television series created by Dan Fogelman that aired on NBC from September 20, 2016, to May 24, 2022. The series follows the lives and families of two parents and their…
https://en.wikipedia.org/wiki/This_Is_Us
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wikipedia NEUTRAL — Us, us, uS, or US commonly refers to: Us (pronoun), the objective case of the English first-person plural pronoun we U.S., an abbreviation for the United States Us, us, uS, or US may also refer to:
https://en.wikipedia.org/wiki/Us
+ 3 more evidence sources
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Claim 3: “Around 70% of Premier League clubs now have a cryptocurrency or trading partner”
CORROBORATED
Two independent web search results specifically state that around 70% of Premier League clubs have a cryptocurrency or trading partnership.
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wikipedia NEUTRAL — The 2025–26 Russian Premier League (known as the Mir Russian Premier League, also written as Mir Russian Premier Liga for sponsorship reasons) was the 34th season of the premier football competition i…
https://en.wikipedia.org/wiki/2025–26_Russian_Premier_League
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wikipedia NEUTRAL — The League of Ireland Men's Premier Division, commonly known as the League of Ireland Premier Division or simply the Premier Division, is a professional association football league in the Republic of …
https://en.wikipedia.org/wiki/League_of_Ireland_Premier_Divi…
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wikipedia NEUTRAL — The Scottish Premier League (SPL) was the top-level league competition for professional football clubs in Scotland. The league was founded in 1998, when it broke away from the Scottish Football League…
https://en.wikipedia.org/wiki/Scottish_Premier_League
+ 3 more evidence sources
info
Claim 4: “Jamie Giles is a therapist at Castle Craig, one of Scotland's leading addiction treatment centres.”
SINGLE SOURCE
Only one web search result explicitly identifies Jamie Giles as a therapist at Castle Craig. Other results discuss the facility or unrelated people named Jamie.
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wikipedia NEUTRAL — Jamie Paul Joseph Cullum (born 20 August 1979) is an English jazz-pop singer, pianist, songwriter and radio presenter. Although primarily a vocalist and pianist, he also accompanies himself on other i…
https://en.wikipedia.org/wiki/Jamie_Cullum
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wikipedia NEUTRAL — The following is a partial list of characters from Diana Gabaldon's Outlander series as first introduced, beginning with the 1991 novel Outlander. The story focuses on 20th century nurse Claire Randa…
https://en.wikipedia.org/wiki/List_of_Outlander_characters
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wikipedia NEUTRAL — Mary, Queen of Scots, and Henry Stuart, Lord Darnley, were married at the Palace of Holyroodhouse on 29 July 1565, when she was 22 years old, and he was 19. The wedding took place in the Chapel Royal.
https://en.wikipedia.org/wiki/Wedding_of_Mary,_Queen_of_Scot…
+ 3 more evidence sources
info
Claim 5: “There is currently no formal diagnosis of cryptocurrency addiction in international classification systems”
SINGLE SOURCE
The provided evidence for this claim consists of generic definitions of the word 'International' and truck advertisements; no medical or classification data was provided to verify or refute the claim.
travel_explore
web search NEUTRAL — International is an adjective (also used as a noun) meaning "between nations". International may also refer to:
https://en.wikipedia.org/wiki/International
travel_explore
web search NEUTRAL — Discover the full range of trucks from International®. Driver-centric, durable and endlessly versatile. Explore medium-duty, heavy-duty, and severe-duty trucks and let’s get to work.
https://www.international.com/products/trucks
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web search NEUTRAL — The story of International is the story of national and global change. From feeding the planet to powering industry forward, our innovations and dedication have driven progress on a massive scale.
https://www.international.com/
info
Claim 6: “The Financial Conduct Authority is already tightening oversight, removing unauthorised crypto promotions, restricting youth-targeted advertising and introducing deposit limits analogous to those used in gambling regulation.”
SINGLE SOURCE
While one source mentions the FCA introduced stricter rules on crypto advertising in 2023, the specific details regarding 'deposit limits analogous to gambling regulation' are not corroborated by the other provided sources.
travel_explore
web search NEUTRAL — The U.K. began regulating cryptocurrency in 2020. In October 2023, the Financial Conduct Authority (FCA) introduced stricter rules on crypto advertising.
https://www.britannica.com/money/cryptocurrency-regulation
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web search NEUTRAL — Dec 17, 2024 ... ... blockchain technology (Financial Conduct Authority, 2024). Blockchain technology allows every cryptocurrency or NFT transaction to be ...
https://pmc.ncbi.nlm.nih.gov/articles/PMC11649996/
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web search NEUTRAL — Jun 24, 2024 ... ... UK marketing authorisation and was therefore illegal to sell. ... Agency and the Financial Conduct Authority (FCA). For the details of ...
https://www.tandfonline.com/doi/full/10.1080/17577632.2024.2…
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Claim 7: “Cryptocurrency markets are open 24 hours a day, seven days a week”
CORROBORATED
Multiple independent web sources confirm that cryptocurrency markets operate 24/7/365, distinguishing them from traditional stock markets.
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wikipedia NEUTRAL — Cryptocurrency is a type of digital asset that uses distributed ledger, or blockchain, technology to enable a secure transaction. Individual coin ownership records are stored in a digital ledger or bl…
https://en.wikipedia.org/wiki/Cryptocurrency
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wikipedia NEUTRAL — A cryptocurrency wallet is a device, physical medium, program or an online service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of st…
https://en.wikipedia.org/wiki/Cryptocurrency_wallet
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wikipedia NEUTRAL — Tether, often referred to by its currency codes USD₮ and USDT, is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. It is pegged to the United States dollar, and is distinct from a …
https://en.wikipedia.org/wiki/Tether_(cryptocurrency)
+ 3 more evidence sources
verified
Claim 8: “With betting companies set to disappear from Premier League shirts from the 2026-27 season”
VERIFIED BY REFERENCE
Wikipedia and news sources explicitly confirm that Premier League clubs have agreed to ban gambling sponsors from the front of shirts starting from the 2026-27 season.
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wikipedia NEUTRAL — The 2026–27 Premier League will be the 35th season of the Premier League and the 128th season of top-flight English football overall. The season will start on 21 August 2026 and end on 30 May 2027. Th…
https://en.wikipedia.org/wiki/2026–27_Premier_League
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wikipedia NEUTRAL — Gambling is legal in Bangladesh. While the Public Gambling Act of 1867 prohibits public gambling and common casinos, the rise of online gambling had created a legal gray area in the country. This was …
https://en.wikipedia.org/wiki/Gambling_in_Bangladesh
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wikipedia NEUTRAL — The Lanka Premier League (abbreviated as LPL; Sinhala: ලංකා ප්‍රිමියර් ලීග්, Tamil: லங்கா பிரீமியர் லீக்) is a professional franchise cricket league established in 2020 in Sri Lanka. Matches are playe…
https://en.wikipedia.org/wiki/Lanka_Premier_League
+ 3 more evidence sources
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.