Online Poker Players Claim Payment Abduction
The Poker Players Alliance, PPA, condemns the recent actions taken by the Southern District of New York. PPA released a statement where they express their ‘disappointment’ against the Southern District of New York because they seized an estimation of $30 million of online poker players’ money.
According to the PPA chairman and former N.Y. Senator Alfonse D’Amato the funds belong to law abiding poker players, not the operators of poker websites.
The Southern District has ordered three banks: Citibank, Goldwater Bank, and Alliance Bank of Arizona to seize the funds.
Online poker players have had tremendous trouble depositing and withdrawing money from several poker sites – like PokerStars and Full Tilt Poker – using the popular eChecks in recent days. These sites are not currently allowing the players to use eCheck at all.
Federal prosecutors recently asked four American banks, including Citibank and Wells Fargo, to freeze the accounts of two companies that “process payouts on behalf of” four poker sites, including PokerStars and Full Tilt Poker.
The amount of money that was frozen? “At least” $33 million dollars.
According to John Pappas, executive director of the PPA, this situation is currently impacting 27,000 players.
D’amato ensures that the players will get their funds. “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.â€
“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 satisfiedâ€, D’amato concludes.




















