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1  Economy / Gambling / Re: PSA: SatoshiBet closes to US Players on: October 29, 2014, 09:34:12 PM
Hi all

Since SatoshiBet launched its casino in early 2013, Bitcoin gained an exponential amount of mainstream attention, of both users as lawmakers.
As a consequence we have decided, effective immediately, to close SatoshiBet.com to US players. All US-based IP's are from this moment onwards unable to access the website and any of its services.

After deliberate guidance on the matter by our legal counsel, blocking US players was deemed the best way to mitigate any legal liability for SatoshiBet and its shareholders moving forward.
This does not mean SatoshiBet or gambling with or without cryptocurrencies is illegal in the US. The definition by US courts is as of yet highly unclear, adding cryptocurrencies to the equation only further clouds a definite judgement.
To be clear, we have not been in contact with any government institutions, this is solely a proactive measure as a reaction to the fast moving regulatory landscape of cryptocurrencies.
Lastly, SatoshiBet was born out of a combined enthusiasm for cryptocurrency and gaming, it has never utilised any currencies other than cryptocurrencies for any of its transactions.

Thank you for your understanding

If you weren't contacted by any government agency then why weren't account holders allowed to withdraw coins? Total scam
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