Poker Coverage: Poker Tournaments Casino News Sports Betting Poker Strategy

Inside Straight -- News

by Card Player News Team |  Published: Jul 24, 2009

Print-icon
 

PPA ‘Disappointed’ by Seizure of Online Poker Funds Southern District of New York Freezes Payment Processor Accounts By Stephen A. Murphy The Poker Players Alliance has condemned the action taken by the Southern District of New York in June that has left an estimated $30 million of online poker players’ money frozen. “The PPA is disappointed that this unprecedented action has been commenced against law-abiding poker players,” said PPA Chairman and former Sen. Alfonse D’Amato. “The payment processor funds frozen by the Southern District of New York belong to individual poker players — not operators of poker websites — and do not represent the proceeds of any gambling activity, much less illegal gambling activity.” Some online poker players began having trouble depositing and withdrawing money from poker sites using the popular eChecks option in early June. According to the PPA, the Southern District has ordered three banks — Citibank, Goldwater ...


You Are Previewing Digital Subscription Content

To continue reading:

Gold-signup-btn

Already a subscriber?

Big-signup-btn

Teaser-subscrip-info