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#27
09-20-11, 08:44 PM
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I read a few articles on it today. None mentions Ivey. Tony G has been tweeting that Ivey's the "inside man" for the Feds.
__________________
"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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#31
09-21-11, 03:33 PM
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A quick summary of the latest news, in case anyone missed it and wonders WTF is going on:
-$443 million total has been distributed to the owners of Full Tilt Poker. Howard Lederer received $41 million, Chris Ferguson $25 million, and Rafe Furst $12 million. -An unnamed player which is likely to be Phil Ivey received $40 million in distributions and millions in loans including $4.4 million which has yet to be repaid. -There are 19 owners of Full Tilt Poker, but aside from Lederer, Ferguson, Furst, and Bitar no others are named. -Full Tilt’s debt to players on March 31st 2011 was $390 million. The total is $300 million today with roughly half owed to US players. Full Tilt only had $60 million in April 2011 -$130 million of deposits from US players were credited to player accounts however were never removed from the players’ bank accounts. -Preet Bharara, SDNY Attorny General commented, “Full Tilt was not a legitimate poker company, but a global Ponzi scheme”. The amended civil complaint (for RD's enjoyment): Last edited by Talking Poker; 09-21-11 at 03:44 PM. |
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#32
09-21-11, 09:26 PM
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I guess the good news is that one might infer from this statement that Mr. Bharara believes that "legitimate" poker companies do actually exist?
__________________
"Animals die, friends die, and I shall die. But the one thing that will never die is the reputation I leave behind." Old Norse adage |
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#33
09-21-11, 09:47 PM
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Durr speaks
Pokernews.com has an interesting interview with Dwan.
, also available as a podcast. Aside: I'm amused at his use of poker speak in the context of real-world situations. Example - asked if he is concerned about the possibility of violence against him or the FTP guys, he says he'll try to "fade" that, as if he was dodging being redrawn out on. Not included in the transcript is an interesting anecdote about him being on USO tour, visiting soliders fighting for freedom in repressed lands (were poker is legal, BTW), only to come home to the land of free on Black Friday, to find out the government has essentially outlawed his livelihood.
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http://www.vegastripreport.com/ |
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#34
09-22-11, 12:08 PM
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There is also a thread on 2p2 where he is answering questions. Here is a link to the condensed, readable version:
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