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Author Topic: PSA: SatoshiBet closes to US Players  (Read 1807 times)
addi
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October 29, 2014, 05:12:50 PM
Last edit: October 29, 2014, 10:12:00 PM by addi
 #1

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

Also see http://www.coindesk.com/satoshibet-no-longer-accepting-us-customers/

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October 29, 2014, 05:38:09 PM
 #2

Interesting. Unfortunate to see such actions happen due to these legal reasons.
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October 29, 2014, 06:18:10 PM
 #3

I'm sorry for that decision,  I want to hope you all the best for your site.

Good luck.


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October 29, 2014, 06:24:07 PM
 #4

This is a good call to protect the site. Serious gamblers will just have to use a proxy or vpn to circumvent the ip ban.
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October 29, 2014, 07:09:22 PM
 #5

limit is never a good thing ..
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October 29, 2014, 07:10:54 PM
 #6

This is a good call to protect the site. Serious gamblers will just have to use a proxy or vpn to circumvent the ip ban.

Sad to hear, its closing to the US players. But yeah, this is an easy solution.

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October 29, 2014, 09:34:12 PM
 #7

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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October 29, 2014, 09:37:35 PM
 #8

If it is needed to protect the site, I'm sure the fans support you...
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October 30, 2014, 06:01:24 AM
 #9

If it is needed to protect the site, I'm sure the fans support you...

Yes , maybe it's better this way for prevent any type of future problems .
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October 30, 2014, 06:05:17 AM
 #10

open to china players?
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October 30, 2014, 06:51:10 AM
 #11

Does this apply to "tothemoon" as well, or just the main satoshibet site?

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October 30, 2014, 08:32:05 AM
 #12

Does this apply to "tothemoon" as well, or just the main satoshibet site?
Probably only satoshibet. As no law is there yet, and its just a measure for the future, so I doubt that other sites would shut down.

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October 30, 2014, 05:56:57 PM
 #13

Does this apply to "tothemoon" as well, or just the main satoshibet site?
Probably only satoshibet. As no law is there yet, and its just a measure for the future, so I doubt that other sites would shut down.

Nope, seems it applies to tothemoon too:

Since the start there was nothing but negative things about Tothemoon, [...]

So I decide to close the site.

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theskillzdatklls
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October 30, 2014, 07:09:41 PM
 #14

im shocked this kind of thing is happening. i really hope bitcoin doesnt degrade a slow death.




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October 30, 2014, 09:57:27 PM
 #15

Wow had no idea that US made had made it illegal to play on sites like this. But I expected it though, then the government can put up their own dice site for US players, just like they did with poker during the Full Tilt takedown.

Turn off the news and read. Watch Psywar, learn something important about our society and PR, why and how it got started and how it brainwashes you.
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November 20, 2014, 01:39:21 AM
 #16

One place that is still open to US players is cryptocollider.com    It's also a much motr fair sytem.  Grin
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December 05, 2014, 12:43:37 AM
 #17

Only just saw this now... Interesting move, I wonder if all Bitcoin Gambling sites will follow suit?!
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