Everleaf Gaming pulled out of the U.S. market two weeks ago and has now released an official statement after maintaining silence up until now. The statement tells the story – player funds have been seized by U.S. authorities.
Armed with a seizure order that came from the U.S. District Court of the Western District of Washington, investigators had been tracking transactions at Causash Establishment who was one of Everleaf's payment processors. The Bank of New York Mellon was ordered, through a warrant last October, to seize all incoming and outgoing wire transfers for 14 days that were issued on behalf of Causash Establishment.
U.S. players could no longer use any of Everleaf's 100-plus skins on February 9th, 2012. Everleaf had received a cease and desist order from the U.S. Department of Homeland Security. Silence came from the Everleaf camp until Thursday, February 23rd, 2012, when a press release was issued.
As has been reported, certain funds maintained by one of our payment processors to be distributed to U.S. customers were seized by U.S. authorities. To our knowledge, the U.S. authorities seized these funds and blocked the transactions based on purported violations of certain U.S. laws, including operating an illegal money transmitting business, the Wire Act, and money laundering. Evidence relative to the subject can be reviewed from the attached papers.
Please be advised that this seizure occurred in the United States and only affects U.S. players.
In view of the above, Everleaf will no longer accept U.S. players. Nonetheless, Everleaf reiterates and wants to reassure all the effected players that all the funds will be refunded in full and the effected parties will be contacted in a short while accordingly.
For the other markets we operate in and with regards to all our other players we want to reassure you that nothing has changed and thank you for the continued business with our Company.
We sincerely apologize for the lack of communication to date, but as a Company we were still trying to find our feet and assessing the situation at hand and how to best protect the interest of all the effected parties.
Everleaf Gaming has said that all player funds are safe and covered (the amount owed to U.S. players was not stated); the money is in line with conditions of Everleaf's Maltese gaming License.
PokerWorks will update news as it develops.
*Image courtesy of PokerScout.com.