Eliot Spitzer needs killing.
profrv at nex.net.au
Tue May 11 06:35:41 PDT 1999
ALBANY, N.Y. (August 21, 2002 2:50 p.m. EDT) - New York Attorney General
Eliot Spitzer said Wednesday that he has settled a case against PayPal to
stop New Yorkers from using the Internet payment processor to gamble online.
Under the settlement, PayPal will not process payments from New York
residents to Internet casino sites beginning on Sept. 1 and will pay
$200,000 to the state for its profits, the cost of investigation and
"This agreement continues the work of my office to enforce the law
prohibiting illegal gambling, online or off line," Spitzer said. "This case
shows that we intend to stop any company who facilitates illegal gambling
A PayPal spokesman didn't immediately respond to a request for comment.
eBay, the Internet auction site, has said that if its planned acquisition
of PayPal is successful, the service would no longer be associated with
PayPal lets buyers and sellers exchange money through e-mail. Buyers make
payments online through credit cards and bank accounts, and PayPal relays
the funds to sellers' accounts.
The company's dealing with 260 online gambling merchants has increased as
more credit card firms have blocked direct payments to Internet gambling
Web sites, Spitzer said.
In June, Spitzer settled a case with Citibank to block all online gambling
transactions through credit cards.END
Wonder if he'll end up @stiff.com?
More information about the cypherpunks-legacy