I understand if the owners of Betwwts who are or were US citizens come back to the US, the US can arrest them for taking bets.
I do not understand how the US can freeze a bank account of theirs in some far off country.
I also do not understand how they can file money laundering charges. I was under the impression that money laundering involves making money and lying about how you made it. Betwwts is very open - they make their money booking bets.
Someone please clue me in.
Betwwts is an Australian company - I believe publicly traded. If the U.S. government is willing to try to tackle and Australian company all books are going to be in a real mess.
I love the song "Proud to be an American" but these days it is getting harder and harder to be proud. I can fight in a war, I can smoke cigarettes and kill other people, I can drink and drive, I can work 100 hour weeks, but god forbid I bet my own money on a sporting event.
Someone please explain what happened with Betwwts and please tell me there is more to the story - please tell me the owners did something in the US before they left and that the US is not just chasing and harming random businesses in other countries...
I mean you can't drink in certain countries. HOw would the US feel if one of these countries froze Anheisher Busch's bank accounts.
-Sean
I do not understand how the US can freeze a bank account of theirs in some far off country.
I also do not understand how they can file money laundering charges. I was under the impression that money laundering involves making money and lying about how you made it. Betwwts is very open - they make their money booking bets.
Someone please clue me in.
Betwwts is an Australian company - I believe publicly traded. If the U.S. government is willing to try to tackle and Australian company all books are going to be in a real mess.
I love the song "Proud to be an American" but these days it is getting harder and harder to be proud. I can fight in a war, I can smoke cigarettes and kill other people, I can drink and drive, I can work 100 hour weeks, but god forbid I bet my own money on a sporting event.
Someone please explain what happened with Betwwts and please tell me there is more to the story - please tell me the owners did something in the US before they left and that the US is not just chasing and harming random businesses in other countries...
I mean you can't drink in certain countries. HOw would the US feel if one of these countries froze Anheisher Busch's bank accounts.
-Sean