WSOP Insights: The Asset Forfeiture Boogie Monster

Poker Asset Forfeiture The Online Railbird Report: Russia's Timofey Kuznetsov Steps Out as "Trueteller" SealsWithClubs' Bryan Micon Pleads Guilty to Avoid Jail Time WSOP Insight: How Gaming Wins and Losses Can Impact Your Tax Obligations By definition, "asset forfeiture or asset seizure is a form of confiscation of assets by the state. It typically applies to the alleged proceeds or instruments of crime. This applies, but is not limited, to terrorist activities, drug related crimes, and other criminal and even civil offenses." In recent months, stories of poker players having their bankrolls seized has made headlines; as such, PokerNews legal contributor Maurice "Mac" VerStandig offers his take on asset forfeiture.

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