The FBI Seizes Major Online Poker Websites
- Thread starter Joshk
- Start date
Actually there is a restraining order on 75 bank accounts in 15 countries issued by a US federal court. However that does not necessarily mean they're all frozen. There is no doubt that assets have been seized in all US bank accounts related to this case due to lax civil forfeiture laws in the US.
However, seizing and freezing bank accounts in other jurisdictions is a little more tricky. Courts in each jurisdictions would need to issue their own restraining order. A bank in a foreign jurisdiction isn't going to automatically comply with an order from a US court unless a court in their jurisdiction also issues the same order.
Do you actually think a US court has worldwide jurisdiction?
It's a good thing that when I tried to take up online poker a couple years ago, I realized that I sucked and decided to go for AM instead. 
Fuck I have 2 mates that play online full time... they have over 6 figures still in their poker accounts as far as I know.
God damn, my condolences to any USA poker players out there, especially the ones with over 5 to 6 figures in their accounts and not knowing if they'll be able to cash it out.
I play online poker myself on Tilt and Stars, but I'm in Australia so it's working fine. I'm not sure whether to withdraw my $ and see what happens, or beat all the fishy foreigners out there.
This could very well cripple Pokerstars and Tilt so bad beyond repair, there are mass cashouts happening and their executives are getting assfucked by the US government, and assuming its banned in the USA for life, most of the gambling action is from the USA so it can't be good for them either.
I play online poker myself on Tilt and Stars, but I'm in Australia so it's working fine. I'm not sure whether to withdraw my $ and see what happens, or beat all the fishy foreigners out there.
This could very well cripple Pokerstars and Tilt so bad beyond repair, there are mass cashouts happening and their executives are getting assfucked by the US government, and assuming its banned in the USA for life, most of the gambling action is from the USA so it can't be good for them either.
You mean Dublin Ireland, that's where Full Tilt is headquartered. Poker Stars is on the Isle of Mann.
Both of these companies have almost unlimited resources and the funds/accounts in questions are only those connected with processing US transactions. Your money is safe.
Only two people have been reported arrested at this point... so I guess that could be considered left and right. The rest of those indicted are out of the country.
PokerStars and Full Tilt founders indicted | eGaming Review
These are two of the biggest companies in gaming with vast resources. Your money is safe.
Yeah, they capitalized on the other poker companies leaving US market and that makes up a large part of their business but the rest of the world is a pretty big place and all the other poker companies not in the US are still doing quite well for themselves.
I still think this is posturing by the US gov't that wants their blood money from these guys in the face of upcoming legalization. They can't just open the market and let these guys waltz in freely after having flouted the law for 4+ years. That would look bad. There will be settlements, huge payouts, and some people will go to jail (mostly the little guys). Bans may be put in place on these guys from reentering the US market for a term to reward and give a leg up to those that pulled out when the UIGEA came into force, but eventually Tilt and Stars will be allowed back into the US.
..... who “are not presently in the US”, federal prosecutors were "working with foreign law enforcement agencies and Interpol to secure the arrest of these defendants and the seizure of criminal proceeds located abroad", according to the indictment.
Hope various locales politely tell them to fuck off, but doubt it
Hope various locales politely tell them to fuck off, but doubt it
I personally think it's a political thing, don't underestimate the casino lobby in the US, there are some multi billion dollar companies who think online gambling may hurt their offline biz.
Yes and no. It is certainly political but not necessarily the way you're saying. Protectionism holds true in some cases still, some states trying to protest their local gaming/horse racing/lotto interests, but it was more the norm a few years ago. The Nevada Gaming Commission had previously forbid it for example, but most of the big land based brands want to get online as soon as legalization is in place. Poker Stars had a deal in place with the Wynn Group for example but it looks like they've backed out of it now. That should open the door for another of the big groups who've been in accordance with the UIGEA to step in a snatch up that deal. There are other big deals like this in the works too with other major casino groups in the US.
it sure is bad news and a lot of people are going to be out of business, but theres also a lot of money to be made guys. Theres now hundreds of thousands of people looking for new poker rooms to play at.
CFTC
On a sidenote....
I guess they also started ramming their hands in dark places with US retail traders aswell by limiting leverage 10:1 with the supposed intention of protecting the retailer from blowing up his account lol.
They are all a bunch of muppets and as of consecuence many a trader has moved their accounts outside US.
If its correct about US online poker (gambling) then I wouldnt be surprised they clamp down even more in US online trading (gambling)....or will they?
I wonder what would happen if the whole country didnt vote in the upcoming elections.....somehow im sure they'll come up with a ficticious list of votings lol.
Only thing that will change anything is a revolution....or not?
Fuck it im going down pub.
On a sidenote....
I guess they also started ramming their hands in dark places with US retail traders aswell by limiting leverage 10:1 with the supposed intention of protecting the retailer from blowing up his account lol.
They are all a bunch of muppets and as of consecuence many a trader has moved their accounts outside US.
If its correct about US online poker (gambling) then I wouldnt be surprised they clamp down even more in US online trading (gambling)....or will they?
I wonder what would happen if the whole country didnt vote in the upcoming elections.....somehow im sure they'll come up with a ficticious list of votings lol.
Only thing that will change anything is a revolution....or not?
Fuck it im going down pub.
for all the latest go to here:
The Forums At Poker Affiliate Listings
http://forumserver.twoplustwo.com/2...harged-illegal-gambling-1020606/index237.html
as far as i know the domain names are non .com's (.eu etc) and all traffic should be going to these but another questions rises which is that if the domain names changes are they tracking it all? Stick to the gambling forums, not wickedfire if you want the latest info
Could see this coming, moving money around to the poker sites (from US) got so difficult in past few years I pretty much gave up on it and just play live now.
This puts a ding on WSOP and similar, I think without online satellites and the sites sponsoring pros the events will be significantly diminished.
The shutdowns might give the legal-in-most-states "sweepstakes" model of online poker (like spadeclub) more traction in the US. If some events, operators, and poker pros stepped up they could probably take advantage of the void, right now.
This puts a ding on WSOP and similar, I think without online satellites and the sites sponsoring pros the events will be significantly diminished.
The shutdowns might give the legal-in-most-states "sweepstakes" model of online poker (like spadeclub) more traction in the US. If some events, operators, and poker pros stepped up they could probably take advantage of the void, right now.
All country specific domains are working unless they were redirecting to the .com and they haven't had their DNS updated, like fulltiltpoker.ca for example. It's barely 24 hours into this on a weekend, but I'm sure they are working on it. Funny enough, fulltilt.com still works and redirects to fulltiltpoker.co.uk.
I don't know why you think those gambling forums full of speculating players and affiliates have "the latest" info. They don't know anything more than the most up to date news sources. Unless you're sat in the Full Tilt and Poker Stars boardrooms right now you haven't got any idea what's really going on. I especially like this gem from the 2+2 forum...
"You guys are missing the point.....the DOJ is not fining the companies......the DOJ is SEIZING the entire poker companies!"
No they fucking aren't seizing ENTIRE poker companies. LoL at people who think the US market and the .com domain is the entire poker company. Fuck me, some people are thick.
