SealsWithClubs, an online poker site allowing players to bet using the cryptocurrency Bitcoin, has been shut down after a number of its owners decided that they can no longer guarantee players’ security on the site.

While the site’s management did not divulge details, it said that earlier this month “several events” occurred that led it to believe that SealsWithClubs “now operates in a perpetual state of jeopardy.”

All player funds and data remain intact and the issue was not software-related, the company said...

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