On Friday, the FBI shut down three of the world's most popular online poker sites, replacing their home pages with the message: "This domain name has been seized by the F.B.I. pursuant to an Arrest Warrant."
In an indictment unsealed on Friday, the government accused the creators of Full Tilt Poker, PokerStars and Absolute Poker of illegal gambling, money laundering and bank fraud.
The government also filed a $3bn civil suit seeking to recover profit at the companies, which are based in other countries but have the three largest shares of the US market. They seized bank accounts and the website addresses used by all three, replacing the latter with warnings that managing or owning a gambling business is a crime.
None of companies could be reached for comment. The disruption of their sites and the seizure of funds could make it hard for them to do business and might dissuade some people from playing cards online.
In Millionaire Migration and the Taxation of the Elite: Evidence from Administrative Data, Stanford sociologist Cristobal Young builds on his substantial research on “millionaire migration,” to show that only a small minority of millionaires move when local taxes go up — far too few to represent a net loss to the tax coffers.
Many years ago, EFF co-founder John Gilmore and I were discussing the prevalence of botnets, which are commonly used to launch distributed denial of service (DDoS) attacks that overwhelm websites with floods of traffic; John said that if the botnets were really on the rise at the reported rate, we should expect to see a […]
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