OK, If someone has made this point during the 226 pages, I apologize, I haven't read every single post. I've mostly read a bunch of crap about how we could never trust THEM and the HORRIBLE crimes they were committing (money laundering).
Dudes and dudettes WAKE UP. They were doing this to get all our payments to us in a timely manner. I'd bet the same people who are complaining about how we could never trust THEM are the same people who complained about how long and it took to get a payout and what a hassle it was.
Folks you can't have it both ways. They did this to serve us - the customers, and yes to make a profit. As poker players we understand the profit motive, no? If you trusted them enough to play there and they are in trouble for making efforts to get you your money in a timely manner then stand behind them!
'nuff said.
About that term money laundering – that’s how the DOJ spins the challenges the companies have faced in providing customer payouts in a timely manner. You see I can also call everyone on this forum a drug user and easily pass a lie detector because I know for a fact that at some point in your lives you have taken (forgive all spelling errors) acetylsalicilic acid (aspirin), acetominophen (tylenol), caffeine (coffee, tea, coke, pepsi, redbull, and yes it is a drug... and a nice one
), ETOH (booze), or any one of the myriad prescribed medicines for allergies, diabetes, random illnesses, etc... Spin.
We've known for a long time there have been troubles with payment processors, that's why there are stickies saying not to name the payment processors. The DOJ calls the process money laundering. And you are a drug user (but not what most people think of when they say "drug user"). Spin.
Let's hope this storm blows over quickly, especially for the full time grinders.
But, unfortunately, there's no question now that we need regulation - and quickly, when this BS can happen at any moment.