Costigan Media Filing Motion
July 14, 2009
Costigan Media, the parent company of Gambling911.com, has announced that
they are going to be filing a second Motion to Intervene in the recent
seizure case perpetrated by the government on poker players’ accounts. The
company says that they are trying to have a seizure warrant unsealed, and
claim that it is within their First Amendment rights for that to occur.
The warrant is the one that was used to seize the poker players’ accounts,
and as it is currently sealed no one has been able to see what the scope of
the investigation truly is he US Attorney’s Office in the Southern District
of New York has notified at least one bank that their poker funds have most
likely been used in money laundering and therefore those funds are illegal.
They have taken the money from the payment processors of several poker
sites, and frozen the accounts. Poker players did not even know what was
going on until they tried to cash their checks from their winnings and they
bounced. As of right now, the US government has seized more than $30 million
in poker players’ assets. The Poker Players Alliance says that as the
original poker sites are part of their group that they are actually entitled
to the funds, but the courts have so far been siding with New York on this
one.
They have also filed a second seizure warrant to try and take even more
money from the poker players. There has not yet been a response to the
Motion to Intervene and one is not expected until later in the month of
July. We will update you as we hear more on the topic.
