Alderney suspends Full Tilt's operating license

serendipity

serendipity

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$120 lost when Pitbull Poker went down.
$430 lost now that Full Tilt is down.
$20 on Absolute and Ultimate Bet I will never see.

What should I do with my last $1,200 on Carbon, let it ride or is it time to get out while the getting is good?
 
Charzr

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Full Tilt's gambling license suspended
http://sports.espn.go.com/espn/poker/news/story?id=6717186

PokerStars, Full Tilt and Absolute Poker have all taken steps toward agreements with the U.S. Department of Justice to repay players who deposited online funds with the sites. But only PokerStars has begun actually repaying funds.

The site said in a statement it has repaid about $120 million to Americans, keeping funds segregated from operating accounts.

PokerStars said it also remains in compliance with regulators in other jurisdictions including France, Italy and Estonia.
 
WEC

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Im sorry, hate to see so many lose so much money. BUT, a lot of you need to take better care of your hard-earned money. What for the sake of God would allow you to not to cash out the vast majority of your monies once you saw that FTP was not paying out to the American Players in a timely fashion and once pokerstars paid out????

If that wasnt enough certainly once Ivey commenced suit....

At least understandable if they were not cashing out WorldWide players since BlackFriday.

I hope this works out for all players with money on FTP
 
Stu_Ungar

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Im sorry, hate to see so many lose so much money. BUT, a lot of you need to take better care of your hard-earned money. What for the sake of God would allow you to not to cash out the vast majority of your monies once you saw that FTP was not paying out to the American Players in a timely fashion and once Pokerstars paid out????

Because I'm not american and my government has not put laws in place to prevent payment processors.

Where should I put it?

Moneybookers.. what if that goes pear shaped?

My bank? My bank was given a bailout package of several billion because it isn't all that good at looking after my money either.

I wish I had the power of hind-site too :)
 
Dorkus Malorkus

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No one here can answer this.

I would simply say if it's a meaningful amount of money to you, withdraw it, if you wouldn't miss it much if it were gone, then proceed as usual.
 
okeedokalee

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I will probably never be paid, have ground out $450 and never deposited, have two mates who have done similar and won a few thousand each.

We will never see our money now, I play mainly for amusement like most of you.Instead of punishing all of us they should go after the perps who are money laundering etc.Surely the US justice system is big enough to track these guys.:eek:
 
WVHillbilly

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Im sorry, hate to see so many lose so much money. BUT, a lot of you need to take better care of your hard-earned money. What for the sake of God would allow you to not to cash out the vast majority of your monies once you saw that FTP was not paying out to the American Players in a timely fashion and once Pokerstars paid out????

If that wasnt enough certainly once Ivey commenced suit....

At least understandable if they were not cashing out WorldWide players since BlackFriday.

I hope this works out for all players with money on FTP
While this sounds good, I know at least one person ITT from canada has been trying unsuccessfully to get cash off of FTP for a month. With the whole Moneybookers/FTP thing it hasn't been easy for non-US players to withdrawal either.
 
A

Aldito

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What should I do with my last $1,200 on Carbon, let it ride or is it time to get out while the getting is good?

Why leave it all online? Just leave enough to buy in to however many tables you play. Just because it's not on the site you're playing on doesn't mean it's not your bankroll. It's a lot safer on neteller/Moneybookers/you bank account than on any poker site.
 
WEC

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While this sounds good, I know at least one person ITT from Canada has been trying unsuccessfully to get cash off of FTP for a month. With the whole Moneybookers/FTP thing it hasn't been easy for non-US players to withdrawal either.

Yes, that I can understand.

Also, it isnt quite hindsight on my part. I also removed Full Tilt immediately from my sites recommended list once Pokerstars paid US Players. Bad enough they had the worst customer service by far of the big sites. Truthfully, I had concerns previous to Black Friday as I had pulled all my money off except for affiliate payments that were coming in. I wouldn't have predicted with any acuracy they would go bankrupt prior to BF, but once they didn't pay Americans I don't see how anyone would not have been doing all they could to get any amount off that place they could.

Just my thoughts on it. No one is perfect. But just what type of sign do ya'll need besides the one that was blinking red and screaming that is a problem with the money??

Either way, I hope somehow everyone can get their money and the POS owners of FTP lose as much of theirs as possible.
 
BelgoSuisse

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Im sorry, hate to see so many lose so much money. BUT, a lot of you need to take better care of your hard-earned money. What for the sake of God would allow you to not to cash out the vast majority of your monies once you saw that FTP was not paying out to the American Players in a timely fashion and once Pokerstars paid out????

Games were really good once the us regs were gone and imo most of the regs who stayed at ft post bf both made and withdrew more money over the last two months than they have sitting in limbo now, so not withdrawing 100% of our rolls was +ev.
 
mrmonkey

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FML.

Yeah, so perfect timing for this as I just put close to my full accumulated freeroll bankroll ($1200 bucks) on FTP to take advantage of concurrent Ironman midyear bonus and first deposit bonus. I was then going to withdraw all but about 25% of it the first week of July.

I've been running pretty bad the past couple months, but this just takes the cake for shittiness. Real life hasn't exactly been peaches and cream either and this just compounds it all.

Seriously, FML.
 
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bubbasbestbabe

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FTP = major Ponzi scheme. http://en.wikipedia.org/wiki/Ponzi_scheme

The only winners here are those who deposited before BF and didn't have the money taken from their accounts. I know of one person who had about $5000 that they can now spend in their checking account.
 
A

Aldito

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FTP = major Ponzi scheme. http://en.wikipedia.org/wiki/Ponzi_scheme

The only winners here are those who deposited before BF and didn't have the money taken from their accounts. I know of one person who had about $5000 that they can now spend in their checking account.

There's loads of players in that situation, i.e. any non-US player who decided it wasn't a great idea to leave large amounts of money in a struggling company.
 
ALL IN CLUBS

ALL IN CLUBS

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I predict Full Tilt to get license In U.S. or to Merge with Merge..:cool: :cool: :rolleyes:
 
JohnBoyWWFC

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He got the date right...

Still, employees might know or get some ideas of what's happening inside of a company butmaybe not all the details, and giving evidence would probably cost him some serious lawsuits, but the truth is ever since BF, the rumours were getting bigger and bigger.

I wasn't querying the date, I was saying he didn't give evidence. He isn't an employee and what would it matter if he said things about a company he KNEW was going under? Think they have more to worry about than a disgruntled ex-employee telling the truth.
 
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