4 ms·

I did not realize that the cases where closed and all. What happens if they are found not guilty and try to get the money back? While the other 200K they usuall

by nkassis 15y ago

I did not realize that the cases where closed and all. What happens if they are found not guilty and try to get the money back? While the other 200K they usually get is probably from small amounts not worth the fight. These are huge sums that the defendants probably will fight for.

burgerbrain 15y ago
https://secure.wikimedia.org/wikipedia/en/wiki/Asset_forfeiture#Asset_forfeiture_in_the_United_States https://secure.wikimedia.org/wikipedia/en/wiki/Asset_forfeit... Short story: In the US, you're fucked. If they want it, they take it (and 'legally'!) Even if you are proven innocent, you're still out of luck. They don't even go to court with you for your stuff, they go to court with your stuff (which conveniently doesn't have rights). Due process doesn't exist.
ojbyrne 15y ago
If you read the article, it says it has nothing to do with the closure of the large poker sites last month.
- heyitsnick 15y ago
  To clarify a couple of points: - No 'large poker sites' were closed last month. PS, FT and Cereus network pulled out of the US industry after the Black Friday indictments. All 4 sites involved continue to operate today to non-US customers. - This asset sharing was due to the county police's involvement in to the "Blue Monday" seizures that occurred ten days ago. It's a separate round of bank seizures and domains, but to say it "has nothing to do" with the proceding Black Friday is inaccurate.
heyitsnick 15y ago
Although the funds seizure were due directly to Anne Arundel County Police's involvement in to the Blue Monday incictments, the actual $500k was from other bank seizures that occurred over a year ago. http://pokerfuse.com/news/law-legislation/county-police-maryland-first-beneficiaries-blue-monday-seized-funds/ http://pokerfuse.com/news/law-legislation/county-police-mary... [disclosure: I am the cofounder of pokerfuse]

by nkassis 15y ago

burgerbrain 15y ago

https://secure.wikimedia.org/wikipedia/en/wiki/Asset_forfeiture#Asset_forfeiture_in_the_United_States https://secure.wikimedia.org/wikipedia/en/wiki/Asset_forfeit... Short story: In the US, you're fucked. If they want it, they take it (and 'legally'!) Even if you are proven innocent, you're still out of luck. They don't even go to court with you for your stuff, they go to court with your stuff (which conveniently doesn't have rights). Due process doesn't exist.

ojbyrne 15y ago

If you read the article, it says it has nothing to do with the closure of the large poker sites last month.

heyitsnick 15y ago
To clarify a couple of points: - No 'large poker sites' were closed last month. PS, FT and Cereus network pulled out of the US industry after the Black Friday indictments. All 4 sites involved continue to operate today to non-US customers. - This asset sharing was due to the county police's involvement in to the "Blue Monday" seizures that occurred ten days ago. It's a separate round of bank seizures and domains, but to say it "has nothing to do" with the proceding Black Friday is inaccurate.

heyitsnick 15y ago

Although the funds seizure were due directly to Anne Arundel County Police's involvement in to the Blue Monday incictments, the actual $500k was from other bank seizures that occurred over a year ago. http://pokerfuse.com/news/law-legislation/county-police-maryland-first-beneficiaries-blue-monday-seized-funds/ http://pokerfuse.com/news/law-legislation/county-police-mary... [disclosure: I am the cofounder of pokerfuse]