Have y'all heard about this? I'm wondering what some of you who've been playing online for years think will end up happening?

WASHINGTON (AP) - An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players.

The Justice Department long has maintained that Internet gambling is illegal, a view that the poker group challenges.

The Poker Players Alliance told The Associated Press that the U.S. attorney for the Southern District of New York instructed three banks - Citibank, Goldwater Bank and Alliance Bank of Arizona - to freeze the accounts.

Documents obtained by the AP show that a magistrate judge in the district issued a seizure warrant last week for an account at a Wells Fargo bank in San Francisco, and that a federal prosecutor told Alliance Bank to freeze accounts.

Group says government has frozen $30M in online poker players' winnings

An interesting fact about these four banks is that they have received over $50 billion in combined government bailout funds.

10/28/08 Wells Fargo Bank of San Francisco recieved $25,000,000,000

10/28/08 Citigroup Inc. parent of Citibank received $25,000,000,000

11/21/08 Western Alliance Bancorp parent of Alliance Bank of Arizona received $140,000,000

1/30/09 Goldwater bank of Scottsdale Arizona received $2,568,000

That is a grand total of $50,142,568,000. This money was used to buy senior preferred shares (ownership) in these companies and was part of the TARP Capital Purchase Program.