(1) except as provided in paragraphs (2) and (3), no person shall be subject to criminal liability arising out of--
(A) the offering, receipt or facilitation of bets or wagers by means of the Internet;
(B) financial transactions in connection with or involving the consideration for, or proceeds of, bets or wagers by means of the Internet;
(C) the administration, advising, audit, direction, operation, lending, management, marketing or supplying of a business or services involving activities or transactions referred to in subparagraph (A) or (B); or
(D) the banking, brokerage, custody, issuance, placement, promotion, sale or transfer of shares or proceeds from a business involving activities or transactions referred to in subparagraph (A), (B), or (C);
(2) paragraph (1) shall not apply to any person who knowingly--
(A) offered illegal bets or wagers to, or received bets or wagers from, any person within the United States by means of the Internet after October 13, 2006;
(B) in violation of section 1084 of title 18, United States Code, used the Internet for the transmission in interstate or foreign commerce of bets or wagers on any sporting event or sporting contest, or information assisting in the placing of bets or wagers on any sporting event or contest, by any person within the United States; or
(C) processed or facilitated financial transactions in connection with or involving the consideration for, or proceeds of, involving activities or transactions referred to in subparagraph (A) or (B); and