Chad Elie Tweeting Unseen Black Friday Documents

Convicted Black Friday payment processor Chad Elie has been releasing documents via Twitter.
Chad Elie Tweeting Unseen Black Friday Documents

Black Friday defendant Chad Elie has been tweeting previously unseen documents that pertain to legal opinions prior to Black Friday regarding the transfer of Internet poker funds in the U.S.

The tweets began over the weekend from the Twitter account of BlackFridayChad, which Quadjacks.com has confirmed to be Elie. One of 11 individuals indicted in the Black Friday allegations along with PokerStars, Full Tilt and Absolute Poker, Elie is set to begin a five-month jail term in January for his role as a payment processor for the online poker sites.

The Twitter account was set up on Nov. 2, and thus far has revealed four separate documents. One document looks to be an opinion from the law firm of Ashcroft Hanaway that asserts that transactions processed relating to online poker do not violate the Unlawful Internet Gambling Enforcement Act (UIGEA) or Wire Act. It is perhaps documentation that a financial institution would secure to avoid liability if any transactions were called into question.

A second document from prominent attorney Tom Goldstein of Akin Gump Strauss Hauer & Feld pertains to the DoJ's position on the transfer of funds related to online poker, stating that transfers are legal for poker, but are unlawful for casino and sportsbook wagering.

Another document on U.S. House of Representatives letterhead urges officials from the Dept. of Treasury and Federal Reserve System to delay by one year the implementation of the UIGEA. That document was signed by 19 Congressmen, including Barney Frank.

Also tweeted was a photograph of Nevada Sen. Harry Reid with Elie. Reid, of course, has drafted the Reid-Kyl online poker bill that may be introduced in Congress following the elections.

The convicted Elie also refuted a claim made by Howard Lederer during his media circuit tour that allegedly set the record straight on the Full Tilt fiasco. Lederer was quoted as saying that he "never met with a payment processor." Tweeted Elie: "Interesting Howard, do you not remember the MEETINGS we had? What about NYE?5hr meeting."

 

 

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About The Author

Charles Rettmuller

Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper...

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