Written by Thomas | Friday, April 15th, 2011

The hits just keep on coming on online poker’s version of “Black Friday,” as it has been speculated across major online poker news websites that an Australian payment processor may have been behind the U.S. Department of Justice’s recently unsealed federal indictment that has caused the seizure of the 4 biggest online rooms in the world – PokerStars, Full Tilt Poker, UB.com and Absolute, respectively.

Daniel Tzvetkoff, an Australian native that was recently arrested for helping process hundreds of millions of dollars for these major poker websites, was released from a Nevada jail earlier today on his own recognizance, despite being a flight risk who was initially denied bail when he was arrested last year.

It is rumored that Daniel rolled over on the very poker sites he helped funnel cash for, most likely in order to avoid a lengthy jail sentence for himself for the money laundering charges being currently levied against him.

It would be no surprise if this were the case, especially since someone like Mr. Tzvetkoff would definitely know the in’s and out’s of how the online poker payment processing side of the business works, therefore making him a powerful ally for the US government.

The craziest part of this whole thing though – and probably the most ironic – is that Daniel Tzvetkoff was only arrested when the USA was tipped off by Full Tilt or Pokerstars after it became apparent they would not be getting any of the $100 million they were demanding from Tzvetkoff’s payment processing company.

We’re looking to get you the most updated coverage on this today as we hear more about it.

One Response to “Payment Processor Daniel Tzvetkoff Reportedly Ratted Out Online Poker Operators”

1. TJ Says:

   What is it with fuckin’ aussies (Assange and Tzvetkoff) shootin’ their mouthes off?

   
   April 16th, 2011 at 4:15 am