Washington, D.C. – Indicted attorney Tom Goldstein, known for his high-stakes poker games, is currently under federal investigation for allegedly failing to report millions in gambling income and cryptocurrency transactions. Goldstein, who has also made his mark as a prominent U.S. Supreme Court attorney and blogger, faces accusations of tax fraud among other charges.
Prosecutors have recently presented documents in Maryland federal court, highlighting Goldstein’s continued gambling activities and his non-disclosure of significant income from these games. According to the filings, Goldstein failed to report $12 million in net gambling income in 2022 and an estimated $10 million in 2023.
In an attempt to manage his considerable gains, Goldstein reached out to his tax advisor in November 2022, acknowledging his large gambling income for that year and expressing intentions to settle tax obligations. The government also provided a spreadsheet as evidence, detailing transactions between May 2022 and May 2024, in which Goldstein netted approximately $51.4 million from a series of games involving an undisclosed player.
While Goldstein is accused of obscuring his earnings, particularly through undisclosed staking arrangements, he also experienced losses. His financial activities included an approximate $200,000 payment in cryptocurrency for a poker event held in Mykonos, Greece in July 2024. This event, attended by high-profile poker players, saw substantial sums exchange hands, reflecting the high stakes environment Goldstein often operated in.
His legal troubles extend beyond the poker table. Goldstein has been indicted on 22 counts connected to tax evasion, preparation of fraudulent tax returns, and making false statements on mortgage applications. Despite these allegations, he has entered a not guilty plea to all charges.
Significantly complicating his situation, Goldstein was arrested in February 2025 after being accused of moving millions in cryptocurrency from undisclosed wallets, potentially violating bail terms. He denied ownership of these wallets and was released three days later, with the judge mandating close monitoring of his electronic devices and barring any cryptocurrency use.
Goldstein’s ongoing legal battle and gambling activities shed light on the complex intersection of law, high-stakes gambling, and financial regulation. As this case unfolds, it underscores the broader implications of cryptocurrency and undeclared income in the realm of legal and financial accountability.
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