U.S. attorney charges poker sites for operating Ponzi scheme

http://money.cnn.com/2011/09/20/news/companies/poker_ponzi/index.htm

by krishna2 • 15 years ago

2 1 15 years ago

money.cnn.com

This is the biggest nonsense ever. I don't know of anyone who has ever been denied withdrawals by Fulltilt, Pokerstars or any other poker sites. And I am well connected within the poker world. I personally know some of the most top-rated and winningest players in the world. I also know a bunch who are far lowed in the rungs - myself included. Aside from cases I've heard about where a player attempted to defraud another player on the site, or to defraud the site itself, I've never heard of a case where the site withheld funds. This posturing by the DOJ makes me furious.

It's as if the sites are being held to a double standard. Has anyone in the poker community forgotten the absolutely illegal seizure of player funds? Has anyone in the poker community forgotten that infamous event known as Black Friday? I certainly have not. It's the DOJ that needs to be brought to court for vast infringements on the rights of players and sites to conduct business freely, based on their own risk assessments and their own decisions to do so.

U.S. attorney charges poker sites for operating Ponzi scheme

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