It's wild to read "the U.S. Congress passed UIGEA to extend existing gambling laws into cyberspace. The law made processing payments for online gambling a crime" in the light of how prevalent online gambling is now in the US mainstream, with sports betting, Kalshi, Polymarket and so on.
The other such case establishing global financial jurisdiction, often cited by cryptocurrency adopters, is https://en.wikipedia.org/wiki/United_States_v._Scheinberg - "Pokerstars".
It's wild to read "the U.S. Congress passed UIGEA to extend existing gambling laws into cyberspace. The law made processing payments for online gambling a crime" in the light of how prevalent online gambling is now in the US mainstream, with sports betting, Kalshi, Polymarket and so on.