Runner Runner Hits Buttons that is hot on Sides of Gambling Fence

Runner Runner Hits Buttons that is hot on Sides of Gambling Fence

The American Gaming Association (AGA) has ruffled some feathers by running political ads in regards to the new internet poker film Runner Runner

Movie Stars of films nowadays frequently know in front of time that most types of merchandising and interviews are part of the job. They understand that entertainment reporters will ask them all types of nosey questions about their latest paramour, a scandalous outfit, or a run in because of the paparazzi. But what Runner Runner stars Justin Timberlake and Ben Affleck both undoubtedly seasoned into the ways of Hollywood right now probably did not anticipate were the heated feelings their movie about a wicked internet poker operator, pre-Black Friday, plus the broke student conned by his website would evoke.

Federal Regulations Still Vague

In the current tense climate with some states creating their very own regulatory climate, but nearly all of America still sitting in regulatory limbo they position the film’s message as a ‘cautionary tale,’ and one that federal legislators should take heed of while they wait to see if and when the federal government will finally act the American Gaming Association (which represents the interests of many of the casino industry’s major players) has pulled out all their guns, buying ads throughout social media where.

But the film- which just opened nationwide is perhaps not supposed to make any such statement, say the screenwriters, whom simply thought the similar-to-real-life-but-slightly-embellished tale of a 20-something gambler, played by Timberlake, and his evil offshore poker site nemesis-become-crime-boss, played by Affleck, would make a pretty juicy story. Continue reading “Runner Runner Hits Buttons that is hot on Sides of Gambling Fence”

Silk Road Founder Arrested While Bitcoins Plummet

Silk Road Founder Arrested While Bitcoins Plummet

Bitcoins have been in the news, between the closed down of Silk Road,a plummet in exchange rates, and a new site that is live-streaming.

It’s been quite a week for Bitcoins within the news; a triple whammy, actually.

First, there was the arrest by the FBI of Silk path’s founder known online only by his handle ‘Dread Pirate Roberts’, but evidently understood to the feds just a little more intimately as Ross William Ulbricht- and the seizure and power down of the Silk Road site itself. Silk Road had been an exclusively Bitcoin gambling site, well-known to many being an available market for illegal drugs and much more; the web site’s slightly below a million registered users were frequently cash launderers, according to the arrest warrant.

‘Based on my training and experience, Silk Road has emerged as probably the most sophisticated and extensive marketplace that is criminal the online world today,’ FBI Special Agent Christopher Tarbell noted in the problem. Tarbell added that within the past 2 1/2 years, Silk Road generated some $1.3 billion worth of equivalent Bitcoin trades and netted $85 million in commissions for itself, frequently for things as macabre as hiring hitmen, seeking out computer hackers or buying illegal weapons.

Major Rate Volatility Ensues

Meanwhile merely a few times following the shut down of the web site by the feds and the arrest of Ulbricht Bitcoins by themselves went through some Cat-5 volatility, as soon as the rates for the digital currency dropped from $139 per Bitcoin to $109.71 per Bitcoin in only under three hours. Continue reading “Silk Road Founder Arrested While Bitcoins Plummet”

Silk Road Founder Arrested While Bitcoins Plummet

Silk Road Founder Arrested While Bitcoins Plummet

Bitcoins have been in the news, between the closed down of Silk Road,a plummet in exchange rates, and a new site that is live-streaming.

It’s been quite a week for Bitcoins within the news; a triple whammy, actually.

First, there was the arrest by the FBI of Silk path’s founder known online only by his handle ‘Dread Pirate Roberts’, but evidently understood to the feds just a little more intimately as Ross William Ulbricht- and the seizure and power down of the Silk Road site itself. Silk Road had been an exclusively Bitcoin gambling site, well-known to many being an available market for illegal drugs and much more; the web site’s slightly below a million registered users were frequently cash launderers, according to the arrest warrant.

‘Based on my training and experience, Silk Road has emerged as probably the most sophisticated and extensive marketplace that is criminal the online world today,’ FBI Special Agent Christopher Tarbell noted in the problem. Tarbell added that within the past 2 1/2 years, Silk Road generated some $1.3 billion worth of equivalent Bitcoin trades and netted $85 million in commissions for itself, frequently for things as macabre as hiring hitmen, seeking out computer hackers or buying illegal weapons.

Major Rate Volatility Ensues

Meanwhile merely a few times following the shut down of the web site by the feds and the arrest of Ulbricht Bitcoins by themselves went through some Cat-5 volatility, as soon as the rates for the digital currency dropped from $139 per Bitcoin to $109.71 per Bitcoin in only under three hours. Continue reading “Silk Road Founder Arrested While Bitcoins Plummet”