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PPA ‘Disappointed’ by Seizure of Online Poker Funds

Southern District of New York Freezes Payment Processor Accounts

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The PPA says that it is 'disappointed' in the Southern District's recent actions.The Poker Players Alliance released a statement today condemning the recent action taken by the Southern District of New York 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 N.Y. Senator 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.”

Online poker players have had trouble depositing and withdrawing money from poker sites using the popular eChecks option in recent days. Several poker sites, including PokerStars and Full Tilt, are not currently allowing customers to select the eChecks option.

According to the PPA, the Southern District has ordered three banks — Citibank, Goldwater Bank, and Alliance Bank of Arizona — to freeze the funds in question.

“This money should be immediately released by the Southern District to ensure that player payouts are not further disrupted,” said D’Amato. “To that end, the PPA is coordinating a legal strategy to appropriately protect PPA members who are impacted by the Southern District’s actions. Further, the PPA has contacted the affected poker websites and has been informed that deposit and payout issues of players are being addressed and will be fully satisfied.”

The news immediately sparked concern amongst poker players that they would have trouble accessing their funds. Full Tilt, however, has issued the following statement:

“Full Tilt Poker would like to assure all players that their funds remain safe and secure. Processing of both deposit and withdrawal requests is proceeding as normal and is still available to all of our players in the U.S.

“The issue involving the freezing of some funds affected only one of the many check processors that Full Tilt Poker uses to support player withdrawals. We do not expect any further interruption in check withdrawals or any other withdrawal methods, and any player who wishes to make a withdrawal should expect normal processing times. All players who were affected by the current situation have had their funds returned to their Full Tilt Poker accounts and all new withdrawal requests are processing normally.”

Still, the PPA appears poised to fight the Southern District’s actions.

“We will continue to pursue every legal course available to ensure that in this instance, poker players’ funds are not seized and their right to play online poker is protected,” said D’Amato.

 
 
 
 

Comments

wtnjr
over 12 years ago

prohibition 2009...

 
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Randall630
over 12 years ago

Disappointed??? Outraged would be better.
This is Un-American and Unconstitutional.
I was hoping the Obama administration would bring us relief from the right-wing moralists and big-brother government of the Bush administration.
Playing poker is legal in virtually every state in the U.S. and the internet is interstate commerce which the states are not allowed inhibit.
The money involved is other players’ money and won or lost between them in a game of skill.
The Federal government has better things to do than to impose itself into what is fundamentally a legal, private practice for millions of Americans. Freeze the assets of terrorists and drug dealers but leave the players alone!
I feel about this the way Charlton Heston did about guns: They can pry this keyboard from my cold dead hands.

 
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goldnsquid
over 12 years ago

"I was hoping the Obama administration would bring us relief from the right-wing moralists and big-brother government of the Bush administration"

You obviously drank the kool-aid during the election and were brainwashed. His whole stance and that of the Democrat Party is all about government control of the people under the disguise of "the greater good" using terms like "evil rich" and "fairness" to get weak-minded people like yourself to vote and support him. What part of government control of education, health care, auto companies, disregarding laws (contract, bankruptcy), regulating everything (using taxes to regulate behavior) and taking from those who have earned and given to those that have not earned is American and or represent Freedom?

 
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dsgnr4hire
over 12 years ago

hey goldnsquid, are you one of those right-wing conservatives who are praying for obama to fail? your comments sound like the republican talking points. looks like you've been listening to fox news, sean hannity and rush limbaugh for too long!

 
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dc_
over 12 years ago

The Republic has long fallen. Individual Liberty and Constitutionalism is just a badly painted facade. Comrade Barney Frank has not introduced legislation out of his own tender heart, he will follow up with the agenda not of the PPA lobbyists, but of more powerful groups. Beware.

 
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muncierebel
over 12 years ago

Dsgnr4hire - you keep believing that hype and you'll see when you have zero rights that goldnsquid is spot on. If you think Obama has your interests in mind, you've got your head as far in the sand as the government has its hand in my pocket. I love how the government's main two points are "the children" and "addiction". 1) The children would be better protected by legislation of online poker versus trying (unsuccessfully) to offer prohibition. 2) I can go to a legal casino 30 minutes from my home and gamble away my house if I want to. And the government hasn't done a damn thing to stop that. HYPOCRISY - look it up!

 
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dsgnr4hire
over 12 years ago

the last time i checked, it was the previous administration who gave us the "unlawful internet gaming" shit that we all hate! so why don't you stop blaming obama and maybe start doing something like calling your congressman/senators to support the bill that should overturn it.

 
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$Incentive$
over 12 years ago

Considering we as a nation are currently at war, in two different countries, oil is once again sky rocketing, millions of people are out jobs, and the economy is still questionable at best, why is our governement attempting to sieze poker players funds. If they are upset that they cannot tax and regulate online poker, why not legalize it, and then tax it. The bottom line is this, Bush was the one enacted the UIGEA, and Obama has not done anything to alleviate the situation either. It is comprable to the government investigating the use of steriods in sports...pointless!

 
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MagicMark
over 12 years ago

Yeah, I'm always amused when the government talks about the "evils" of gambling, and how on-line gambling is such a bad thing.

And then they try to make the purchase of a state-run lottery ticket seem almost patriotic!

Let's get real. They don't care about anything other than getting their cut. And considering all the government's economic projections were based on unemployment topping-out at 8% (but now at 9.3% and rising), they are hurting for the money.

 
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oetzi
over 12 years ago

How can anyone credibly claim to be surprised by this move? Criminal politicians have a chance to steal money from players' accounts, and then turn around and shake down the PPA and other lobbyists for "campaign contributions". How could they not go for it?

A lot of poker players got all hopey-changey last year, and this is a very predictable result. Some people can't see past the end of their own nose ... I'd laugh but I hate the idiots in Washington, and the idiots around the country that vote for them.

 
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YeeDoggy
over 12 years ago

I never understood why more Americans, particularly poker players, aren't Libertarian. So much for Hope and Change, we got Hopeless Change instead.

Wise-up my fellow poker players. Tear-up your Democrat Voter Registration card and send them to the senator of your state. Change your affiliation to Libertarian and vote.

Libertarians will legalize online poker. You won't have to worry about burning in hell or having your money stolen.

 
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trackerm16
over 12 years ago

I was a US Army officer until last week when I got out to play poker online as my primary source of income. I have been taxed all my life by the goverment, and I have fought for the past 4 years in foreign countries for our goverment. I try to cash out 10k of my winnings online that they will get 30 pecent of and they won't let me! F**** off big brother!

 
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rustysea
over 12 years ago

I'm very satisfied with the way Full tilt handled this matter. it just so happened i had cashed out my 10k to play in the main event when this went down. (by our very messed up gov) Full Tilt took care of the proablem before i even knew there was one. And i acually received my wire transfer before the checks got to me. Thanks Full tilt, thats why i play exclusively with you. And i hope you figth the gov everyway you can to keep them from stealing your funds and keep us playing online. RustySea P.S. from the state being sued by craigslist,lol. Go Craigslist!!!!

 
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Uncle_Harvey
over 12 years ago

Unfortunately, people seem to have to pick a political party to affiliate with. It’s like picking a sports team for most people. Most of the news is focused on political strategy and little news devoted to facts. The Democrats use there power to take your freedom in the form of the money you earn. The Republicans use their power to try to steal your freedom to live by your own morals. They would make every one go to church 3 times a week if the could. The people just stand in the grandstands rooting for their teams. Go Rush – Support Life. Go Obama – Bush Lied People Died.

Call and write your politicians. Tell them that you support Freedom for all.

 
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aceswild28
over 12 years ago

This is all about the money. This is the perect time for the government to negotiate a deal before the house votes on the unlawful gambling act in a couple months. I wouldn't expect those funds to be realeased until then. Full Tilt is being professional about this. I respect that kind of business. I am sure online poker will be apporved because there is too much money flying around and the government needs it bad right now. Consider it a done deal but I can guarantee those funds will be the first to get taxed. Have no fear those funds will be paying for Obama's beer!

 
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pokerpro1078
over 12 years ago

bottom line join the P.P.A.... enough said good day all

 
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