{"id":10425,"date":"2021-05-28T09:34:20","date_gmt":"2021-05-28T09:34:20","guid":{"rendered":"https:\/\/www.onlinepokeramerica.com\/news\/?p=10425"},"modified":"2021-05-28T09:34:21","modified_gmt":"2021-05-28T09:34:21","slug":"chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds","status":"publish","type":"post","link":"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/","title":{"rendered":"Chris Moneymaker to Sue PayPal over $12K in Confiscated Funds"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>Chris Moneymaker is bringing a lawsuit against PayPal for confiscating $12,000 from his account&nbsp;<\/li><li>The player has described the payment provider\u2019s practices as \u201cbullying,\u201d and he is now urging other gamblers to join in<\/li><li>Moneymaker obtained the money through serving as a care-taker for a fantasy sports league during the 2021 NFL Season&nbsp;<\/li><\/ul>\n\n\n\n<p><em>Chris Moneymaker is now calling on fellow gamblers to join him in his lawsuit against PayPal, which confiscated $12,000 of the player\u2019s fantasy proceedings.&nbsp;<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"moneymaker-sues-paypal-over-his-fantasy-league-funds\">Moneymaker Sues PayPal over His Fantasy League Funds&nbsp;<\/h2>\n\n\n\n<p>Famed for his skills at the green felt,&nbsp;<strong>Chris Moneymaker<\/strong>&nbsp;is taking on an ambitious opponent with the poker legend challenging payment processing company PayPal in court over the seizure of $12,000 from the player\u2019s account. Moneymaker doesn\u2019t intend to go it alone, and he\u2019s looking for fellow players who may be interested in bringing a class-action lawsuit against the payment company and what he describes are its anti-gambling policies.<\/p>\n\n\n\n<p>Moneymaker announced his intentions through a press release prepared by&nbsp;<strong>Eric Benzamochan<\/strong>, who represents Americas Cardroom\u2019s famed ambassador. Moneymaker is bringing the legal action to a law of court after PayPal had frozen his account for over six months and failed to communicate, the player argues.<\/p>\n\n\n\n<p>In fact, it all has to do with the company\u2019s \u201canti-gambling\u201d rules, Moneymaker says, and he acknowledges that PayPal\u2019s action may have been prompted by his participation in a 2021 NFL Fantasy League, which is how he obtained the money.<\/p>\n\n\n\n<p>\u201cI\u2019ll leave to my lawyers to determine what the law says, but I think this is straight-up theft, and PayPal is a payments bully,\u201d commented Moneymaker in a public statement. Moneymaker is a well-salaried player with a very high profile in the poker community, so his desire to bring an action against a multi-billion company is not because he needs the $12,000 but rather because PayPal has acted unjustly in his opinion.<\/p>\n\n\n\n<p>\u201cThis is less about the money \u2013 though $12,000 is a lot of money \u2013 it\u2019s about the principle of stealing other people\u2019s money and hiding behind thousands of words of legal mumbo jumbo that no one reads,\u201d the pro added.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"paypals-fears-of-gambling-are-not-new\">PayPal\u2019s Fears of Gambling Are Not New<\/h2>\n\n\n\n<p>While it\u2019s easy to take Moneymaker\u2019s side right off the bat, it\u2019s important to understand the backstory. After&nbsp;<strong>UIGEA<\/strong>&nbsp;was enacted in 2006, the US government came down hard on anyone who might be facilitating gambling payments.<\/p>\n\n\n\n<p>Banks and e-wallets such as PayPal had to be very careful not to allow any gambling transaction to take place through their networks or face criminal charges. PayPal dodged a bullet there, but other payment processors such as Neteller and Firepay weren\u2019t so lucky, underestimating the risk.&nbsp;<\/p>\n\n\n\n<p>While PayPal has become milder towards gambling, and the service is now available in regulated markets such as Delaware, Nevada, New Jersey, and Pennsylvania, there was a period during which PayPal outright prohibited transactions for gambling activities by merchants and account holders in the United States. In fact, the terms of service still include this text.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"whats-moneymaker-challenging-here\">What\u2019s Moneymaker Challenging Here?<\/h2>\n\n\n\n<p>The text of the terms and services seem very clear. Moneymaker is effectively in breach of the T&amp;Cs, at least at first glance. As the player says, it will be for lawyers and the judges to decide whether his claim stands in court.<\/p>\n\n\n\n<p>However, it\u2019s important to note that Moneymaker isn\u2019t challenging the terms and services but whether PayPal had a right to confiscate the funds. According to Moneymaker and his lawyer, the payment giant is in the wrong.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"Chris Moneymaker is bringing a lawsuit against PayPal for confiscating $12,000 from his account&nbsp; The player has described the payment provider\u2019s practices as \u201cbullying,\u201d and he is now urging other gamblers to join in Moneymaker obtained the money through serving as a care-taker for a fantasy sports league during the 2021 NFL Season&nbsp; Chris Moneymaker [&hellip;]","protected":false},"author":9,"featured_media":10426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[119,282,386],"class_list":["post-10425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-player","tag-chris-moneymaker","tag-lawsuit","tag-paypal"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chris Moneymaker to Sue PayPal over $12K in Confiscated Funds - Online Poker America News<\/title>\n<meta name=\"description\" content=\"Chris Moneymaker will sue PayPal over $12,000 in confiscated funds. The player argues that PayPal is a &quot;bully.&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chris Moneymaker to Sue PayPal over $12K in Confiscated Funds - Online Poker America News\" \/>\n<meta property=\"og:description\" content=\"Chris Moneymaker will sue PayPal over $12,000 in confiscated funds. The player argues that PayPal is a &quot;bully.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\" \/>\n<meta property=\"og:site_name\" content=\"Online Poker America News\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Online-Poker-America-433297890180544\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T09:34:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-28T09:34:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.onlinepokeramerica.com\/news\/wp-content\/uploads\/sites\/2\/2021\/05\/chris-moneymaker-paypal-lawsuit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"767\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adam Mason\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@OnPokerAmerica\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adam Mason\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\"},\"author\":{\"name\":\"Adam Mason\",\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/#\/schema\/person\/52391fd09fdbd57b7dfd1834d3bd045a\"},\"headline\":\"Chris Moneymaker to Sue PayPal over $12K in Confiscated Funds\",\"datePublished\":\"2021-05-28T09:34:20+00:00\",\"dateModified\":\"2021-05-28T09:34:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\"},\"wordCount\":618,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.onlinepokeramerica.com\/news\/wp-content\/uploads\/sites\/2\/2021\/05\/chris-moneymaker-paypal-lawsuit.jpg\",\"keywords\":[\"Chris Moneymaker\",\"Lawsuit\",\"PayPal\"],\"articleSection\":[\"Player\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\",\"url\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/\",\"name\":\"Chris Moneymaker to Sue PayPal over $12K in Confiscated Funds - Online Poker America News\",\"isPartOf\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.onlinepokeramerica.com\/news\/chris-moneymaker-to-sue-paypal-over-12k-in-confiscated-funds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.onlinepokeramerica.com\/news\/wp-content\/uploads\/sites\/2\/2021\/05\/chris-moneymaker-paypal-lawsuit.jpg\",\"datePublished\":\"2021-05-28T09:34:20+00:00\",\"dateModified\":\"2021-05-28T09:34:21+00:00\",\"description\":\"Chris Moneymaker will sue PayPal over $12,000 in confiscated funds. 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