Authorities label online gambling 'terrorist financing'

It now appears that the FBI and other state and federal law enforcement groups are labelling online gambling as a "terrorist threat" to the United States. Currently, authorities are attempting to link NETeller's online payment processing of gambling money to terrorist funding.

This is a sign of how short-sighted US regulators are. They are taking one step forward and three steps back.

Since electronic money is terrorist financing, I guess we will need to shut down Paypal and Google checkout. No more paying your goods online, it could get shunted to terrorists!!!

So now HSBC, Credit Suisse, Deutsche Bank and Dresdner Kleinwort are all accessories to supporting terrorists?!?!?! How far fetched is that?

As for the Neteller customers, they cannot get their money back because authorities have declared everything "as evidence."