Poker Princess Molly Bloom pleads Not Guilty

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Molly "The Poker Princess" Bloom was one of 34 people indicted in an illegal high stakes gambling ring that allegedly laundered money. And she pleaded not guilty to the charges against her in the Manhattan Federal Court on Friday.

Bloom is best known for running a Hollywood high stakes poker ring that was uncovered in 2011. Actors Matt Damon, Leonardo DiCaprio, Ben Affleck, Tobey Maguire and baseball player Alex Rodriguez were just a few of those involved in the poker games.

Bloom was never charged with anything for the Hollywood poker ring, which netted her $400,000 a month at one point for organizing games.  But she is facing charges for the latest illegal gambling operation that's rumored to have Russian mob ties. The 34-year-old declined comment after entering her not guilty plea.

Other notable people who were involved in the gambling ring include art dealer Hillel Nahmad, high stakes poker pros Abe Mosseri, Bill Edler and Justin "Boosted J" Smith, and Alimzhan Tokhtakhounov. As for Tokhtakhounov, he is believed to have led this illegal gambling operation and has ties to Russian organized crime. He also was busted for trying to bribe 2002 Winter Olympic figure skating judges.

The FBI issued indictments to the 34 accused after listening to over 25,000 phone calls and searching email accounts, bank accounts, homes and computers. Once sufficient evidence was gathered, the US Attorneys' Office in the Southern District of New York drew up indictments for those involved with the ring.

Not everybody associated in this gambling operation is thought to have the same amount of involvement. Mosseri, Edler and Smith are rumored to merely have participated in the poker and sports betting, but not taking bets or running games. Nahmad's legal counsel is also adamantly claiming that he's innocent in this matter.