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FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: FTP MONIES!!!!!11)

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  1. #676
    ....and FUUU DOJ too ldo
    Last edited by philly and the phanatics; 05-17-2011 at 06:15 PM.
  2. #677
    I'm not a lawyer or business dude but this sounds to me like they are running a Ponzi scheme; i.e. we need to generate new revenue from new customers to pay back our old customers?
    Playing big pots at small stakes.
  3. #678
    I'm telling myself that they just had more money (in terms of a % of player balance) in 3rd party spots than PS - which seems like it has to be true based on all the delays they had pre BF - and they know as soon as they give us ours they lose a great bargaining chip with DohJ + a lot less angry poker players will be calling the gov't.

    the longer they stay in business the better I feel, end of day online poker is a money printing business and as we are finding out the US may have been X % of business but it was < X of their profits with all the crap they had to do with wd/deposits. I'm glad I don't need the money soon (or ever I guess if it comes to that) but I would be really shocked if 1-2 year from now me comes back in a time machine without my FT roll.
    Last edited by drmcboy; 05-18-2011 at 01:12 AM.
  4. #679
    my understanding of a Ponzi scheme is there is no product (or at least it isn't a legit product), you just sell made up shares to give people at the top money and slowly add people to the top. There is a terrific product here and I don't see a reason right now to think they can't make the money back if that's really what needs to happen.

    keep gambling euros!
  5. #680
    ChezJ's Avatar
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    So I've been on a vacation for a while and just tried logging onto to UB... no connection... now I'm catching up on the stories about how they fired everyone, got raided, and yet still plan to repay U.S. players... WTF?! Anyway I knew my free ride couldn't last forever. What am I going to do for entertainment at night now? pr0n ain't enough!

    ChezJ
  6. #681
    ChezJ's Avatar
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    yes!! i just re-downloaded the ub client from ubpoker.eu and now my magically-exempt-from-the-ban-on-u.s.-players account is up and running again. sweeeeeet, no redtube tonight...

    ChezJ
  7. #682
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    Quote Originally Posted by ChezJ View Post
    yes!! i just re-downloaded the ub client from ubpoker.eu and now my magically-exempt-from-the-ban-on-u.s.-players account is up and running again. sweeeeeet, no redtube tonight...

    ChezJ

    ?wut
  8. #683
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    Quote Originally Posted by ChezJ View Post
    yes!! i just re-downloaded the ub client from ubpoker.eu and now my magically-exempt-from-the-ban-on-u.s.-players account is up and running again. sweeeeeet, no redtube tonight...

    ChezJ
    Must be the legal DC zone is up and running now.

    Quote Originally Posted by givememyleg View Post
    i'll never understand how anyone can go through life being sober.
  9. #684
    Lolz, I got a letter back from my congress rep regarding the PPA thing I sent a while ago. Cmon FTP you're letting even the shitty US government respond faster than you.
    [00:29] <daven> dc, why not check turn behind
    [00:30] <DC> daven
    [00:30] <DC> on my hand?
    [00:30] <daven> yep
    [00:30] <DC> because I am drunk
    [00:30] <daven> nice reason
    [00:30] <daven> no further questions
    [00:30] <yaawn> ^^Lol

    Problem officer...?
  10. #685
    I'm sure it's basically a form letter that says nothing - FTP is good at form letters that say nothing!
  11. #686
    Shotglass's Avatar
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    Also good at public statements that give no new information, and yet do so in such a polite and impersonal way.

    Quote Originally Posted by givememyleg View Post
    i'll never understand how anyone can go through life being sober.
  12. #687
    BooG690's Avatar
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    More good news:

    Dear AP/UB Player

    As you know, AP/UB normally pay the rakeback they owe you by the 18th of the following month.
    Clearly they have not done that for April.

    Currently we understand that the entire affiliate department better known as Chipleader have been made redundant.
    As such there is no one at AP/UB there to take our calls or emails.

    We stopped taking on new players at AP/UB, did not run any promotions this month and advised you also at the start of May that we had not received any commission from AP/UB for Feb and March (this obviously now includes April also).
    Like everyone else, our commissions are tied up on the sites and we cannot withdraw a cent - not even at $250 a week. Our only effort is still outstanding for 22 days.

    But as things stand AP/UB are not making any rakeback payments at this time. And in all honesty we cannot say for sure when or if they will ever make payments for April.
    The last time we spoke to anyone senior there, they assured us they were trying to get all re-payments of player funds made.
    This is their top priority. After those we assume it would be player rakeback and affiliate funds.
    Although we appreciate that some of our players rely on rakeback to top up their bankrolls, it goes without saying that getting player bankrolls back to them, in the first instance, is more important than rakeback.
    So, given that they are not yet returning player funds at the moment (and it doesn’t seem that affiliates or rakeback are high on their list), for all intents and purposes we should all assume that you are unlikely to see your April rakeback payment in the near future.

    As such your April rakeback will remain marked as unpaid in our systems until we hear otherwise from AP/UB

    We are sorry that we do not have better news at this time and we apologise that you are being let down in this fashion by AP and UB

    We ask that you please bear with us. This is all the information we have at this time and will keep you updated as required.

    If you have any questions please direct them to [email protected]

    Best wishes

    RTR
    That's how winners play; we convince the other guy he's making all the right moves.
  13. #688
    I got FT rake back today
  14. #689
    Quote Originally Posted by drmcboy View Post
    I got FT rake back today
    me too... I think this is a good sign, right?
  15. #690
    yeah, I wish we knew exactly what changed - could the RB folks not x-fer to us until today? Or were they waiting on some good word from FT?

    from 2+2 thread

    they also converted tourney tickets to cash and credited account balances
    which seems like a waste of time for them unless payouts are coming someday soonish.

    could just be a move to keep the non-us folks from pulling out for a little while longer before the ship sinks I guess.
  16. #691
    confirmed the RB. Supposedly medals are next and the store is supposed to re-open within the next week or so. There were still 67,000 people playing at noon today which I found pretty shocking considering those numbers are relatively close to pre-Black Friday #s.
    [00:29] <daven> dc, why not check turn behind
    [00:30] <DC> daven
    [00:30] <DC> on my hand?
    [00:30] <daven> yep
    [00:30] <DC> because I am drunk
    [00:30] <daven> nice reason
    [00:30] <daven> no further questions
    [00:30] <yaawn> ^^Lol

    Problem officer...?
  17. #692
    woohoo my FT Bankroll going up
    Playing big pots at small stakes.
  18. #693
    ChezJ's Avatar
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    fuuck, i can still log into UB, but now there are only play money tables. all real money tables are blank. somehow it says there are still 6,000 players... just playing for fun money?? or maybe the real money tables are open for non-u.s. players and i simply can't see them?

    ChezJ
  19. #694
    Quote Originally Posted by ChezJ View Post
    fuuck, i can still log into UB, but now there are only play money tables. all real money tables are blank. somehow it says there are still 6,000 players... just playing for fun money?? or maybe the real money tables are open for non-u.s. players and i simply can't see them?

    ChezJ
    Is this guy 4 real?

    Last edited by kevster; 05-22-2011 at 07:25 PM.
    - You're the reason why paradise lost
  20. #695
    Quote Originally Posted by kevster View Post
    Is this guy 4 real?

    Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
  21. #696
  22. #697
    Shotglass's Avatar
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    Yeah, spenda...I just caught that and opened another thread in Online Poker rooms.

    Is this the deathblow for online poker in America, or at least until Ceasar's and Harra's get their way?
    Last edited by Shotglass; 05-23-2011 at 07:05 PM.
  23. #698
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    The first domino has fallen in the black Friday indictments:
    Black Friday Payment Processor Pleads Guilty
  24. #699
    fuuuuuuuuuuuuuu....i just started playing again this week and was hella into it....is it even worth continuing on merge
  25. #700
    Shotglass's Avatar
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    Don't know. I doubt that Rizen would even answer if asked in the Lock Poker thread.
  26. #701
    Quote Originally Posted by philly and the phanatics View Post
    fuuuuuuuuuuuuuu....i just started playing again this week and was hella into it....is it even worth continuing on merge
    everybody sensible has said that depositing/playing on the smaller networks is futile...
  27. #702
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    today was the first time that i have ever had a withdrawal request from FTP not approved within 5 minutes. Make of that what you will, it makes me a little nervous... I'm sure it's just a glitch, I will post when the approval has been approved.

    as for money on other sites if you are a US player - before depositing material amounts of money you should ask yourself how exactly do you expect these sites to be able to transfer money to and from the US market in future (for context, look at what is happening to various e-wallet solutions such as UMW).
  28. #703
    BooG690's Avatar
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    Quote Originally Posted by Shotglass View Post
    Don't know. I doubt that Rizen would even answer honestly if asked in the Lock Poker thread.
    FYP
    That's how winners play; we convince the other guy he's making all the right moves.
  29. #704
    Quote Originally Posted by boost View Post
    everybody sensible has said that depositing/playing on the smaller networks is futile...
    damn it, when did boog and trip stop being sensible
  30. #705
    lolzzz_321's Avatar
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    confirmed "not a thinking person" (I withdrew from merge today)
  31. #706
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    Originally Posted by Shotglass
    Don't know. I doubt that Rizen would even answer honestly if asked in the Lock Poker thread.
    Quote Originally Posted by BooG690 View Post
    FYP
    Good point BooG
  32. #707
    BooG690's Avatar
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    Quote Originally Posted by philly and the phanatics View Post
    damn it, when did boog and trip stop being sensible
    I was never sensible.

    I followed Trips' lead.
    That's how winners play; we convince the other guy he's making all the right moves.
  33. #708
    BooG690's Avatar
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    True Poker is gonna continue supporting American players. Awesome. I'd love to see if they successfully cash players out.
    That's how winners play; we convince the other guy he's making all the right moves.
  34. #709
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    Quote Originally Posted by Shotglass View Post
    Is this the deathblow for online poker in America, or at least until Ceasar's and Harra's get their way?
    FYI Caesars is Harrahs.
    http://phx.corporate-ir.net/External...xUeXBlPTM=&t=1
  35. #710
    Quote Originally Posted by BooG690 View Post
    True Poker is gonna continue supporting American players. Awesome. I'd love to see if they successfully cash players out.
    or

    True Poker is going to continue to grab American player's rake until they get shut the f down.
  36. #711
    BooG690's Avatar
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    Quote Originally Posted by bigspenda73 View Post
    or

    True Poker is going to continue to grab American player's rake until they get shut the f down.
    Well, that's the most likely thing (almost 99.99% this will happen). But I can dream, can't I?
    That's how winners play; we convince the other guy he's making all the right moves.
  37. #712
    Jack Sawyer's Avatar
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    True Poker?

    In April, three of the largest web poker sites – PokerStars, Full Tilt Poker and Absolute Poker – had their domains seized and 11 people connected to the gambling outfits were charged with bank fraud, money laundering and illegal gambling offenses.
    A month later and US authorities are busy again, with a federal grand jury returning a pair of indictments charging two gambling businesses and three defendants with operating an illegal gambling business and money laundering.
    The indictments and seizures were announced by United States Attorney for the District of Maryland. Eleven bank accounts located in North Carolina, Guam, Panama, Malta, Portugal and The Netherlands were seized along with the domain names of the following Internet gambling sites:
    Bookmaker.com
    2Betsdi.com
    Funtimebingo.com
    Goldenarchcasino.com
    Truepoker.com
    Betmaker.com
    Betgrandesports.com
    Doylesroom.com
    Betehorse.com
    Beted.com.
    It is illegal for internet gambling enterprises to do business in Maryland, regardless of where the website operator is located,” said U.S. Attorney Rod J. Rosenstein.
    “We cannot allow foreign website operators to flout the law simply because their headquarters are based outside the country.”
    The highlighted quote is the cue some country with balls needed to say "hey, self-aggrandizing prick, go fuck yourself". But that is probably ain'tevergonnahappen.com
    Last edited by Jack Sawyer; 05-24-2011 at 08:45 AM.
    My dream... is to fly... over the rainbow... so high...


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  38. #713
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    Quote Originally Posted by daven View Post
    today was the first time that i have ever had a withdrawal request from FTP not approved within 5 minutes. Make of that what you will, it makes me a little nervous... I'm sure it's just a glitch, I will post when the approval has been approved.
    all good after all - and approval on today's withdrawal was instant.
  39. #714
    bikes's Avatar
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    mine have always been instant on stars and tilt

    ?wut
  40. #715
    BooG690's Avatar
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    A speck of good news concerning online poker legislation: Online Poker Federal Legislation is Drawn Up

    This comes only days after Harry Reid drew up legislation for Nevada. It seems the government is working faster than we would have thought. I'm sure Harrah's has everything to do with this...and I don't care. GOGOGO corporate-run government!
    That's how winners play; we convince the other guy he's making all the right moves.
  41. #716
    chatzilla's Avatar
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    Anymore info on this boog? links ect?
  42. #717
    ha ha boog's news articles don't provide a satisfactory amount of information


    also I laff'd at

    he said “Poker is a game of skill,” and challenged any naysayers to play with their own money against 2004 World Series of Poker champion Greg Raymer.
  43. #718
    bode's Avatar
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    atleast raymer is decent. he could have said jerry yang.
    eeevees are not monies yet...they are like baby monies.
  44. #719
    Got this email yesterday from Bodog (also posted in Online Forums)

    Look like Bodog is in the crosshairs.

    "As of today, Tuesday, May 24th, you will find Bodog at its new home: www.bodog.eu.

    You will find that all of your account information and any funds have automatically been transferred, and your account number (xxxxx) remains the same. The website as well as all of our services remain the same too.

    Why the move? The www.bodog.eu address gives our brand a more permanent home as we continue to expand into new markets. We also anticipate the industry will be subject to ongoing fluctuating market conditions and we want to ensure we are prepared to manage them without any interruption to your play"
    "Just cause I'm from the South don't mean I ain't got no book learnin'"

    Quote Originally Posted by a500lbgorilla View Post
    ...we've all learned long ago how to share the truth without actually having the truth.
  45. #720
  46. #721
    to me it's just precautionary in case the US Gov't begins grabbing .com domains again
  47. #722
    BooG690's Avatar
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    lockpoker.com auto redirects to lockpoker.eu now

    Also, here's part of Rep. John Campbell's mini-speech yesterday: Videos Posted by Poker Players Alliance: May 25, 2011 3:07pm | Facebook

    I didn't think anything was really coming of this hearing. I kinda regret not going now.
    Last edited by BooG690; 05-25-2011 at 06:39 PM.
    That's how winners play; we convince the other guy he's making all the right moves.
  48. #723
    I don't understand why the world doesn't view us in a positive light

    Quote Originally Posted by facebook
    Joe A Barney: Hopefully we don't have to wait 14yrs like the drunks had to for prohibition.
  49. #724
    Shotglass's Avatar
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    Quote Originally Posted by BooG690 View Post
    A speck of good news concerning online poker legislation: Online Poker Federal Legislation is Drawn Up

    This comes only days after Harry Reid drew up legislation for Nevada. It seems the government is working faster than we would have thought. I'm sure Harrah's has everything to do with this...and I don't care. GOGOGO corporate-run government!
    Here's the full text of HR 1174 "A BILL to amend title 31, US code, to provide for licensing of Internet gambling activities..." for anyone that's interested.

    I haven't had a chance to review it yet, but I'll throw in my $0.02 after I do.

    Edit: I don't know if anyone else has read this thing yet. I'm about half way done with it and I don't like what I'm reading. I'll post some comments as a new thread in "Online Poker" when I finsih, probably Saturday.
    Last edited by Shotglass; 05-27-2011 at 01:03 PM.
  50. #725
  51. #726
  52. #727
    BooG690's Avatar
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    Im surprised FTR forum doesn't already do that.
    That's how winners play; we convince the other guy he's making all the right moves.
  53. #728
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    stupid aussies want to be like the USA
    FBI, Aussie police target poker websites | Stuff.co.nz
  54. #729
    rpm's Avatar
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    ^^ story of australia's life.

    edit: or, at least its more recent life
  55. #730
    Shotglass's Avatar
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    Anybody using MyPaylinq?

    I haven't used it in quite a while but I just got this today:

    Mon, May 30, 2011 7:00:44 PMChanges in Policy
    From: Marketing Department <[email protected]>Add to Contacts
    To: removed@yahoo.com


    --------------------------------------------------------------------------------









    Dear Customer,



    In light of recent developments within our industry regarding customer withdrawals and the difficulty we have encountered in moving funds into the U.S. to facilitate withdrawals, it is with much regret that MyPaylinQ will be suspending all United States customer withdrawals until further notice.



    All customers with pending withdrawals currently in our system will be paid.



    We will do our best to have all outstanding withdrawals processed within the next 2 weeks to 4 weeks.



    We will continue to work diligently on your behalf to restore our U.S. market capabilities as soon as possible.



    If you have any questions regarding a pending withdrawal please email [email protected].



    Kindest Regards.



    Finance Department
    MyPaylinQ Inc.









    This message was sent to removedfrom:

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  56. #731
    god every time i see this thread bumped i cringe and hope for the best
  57. #732
    FTP update 5/30:

    - apologize for lack of communication
    - still no timeline for withdrawals
    - reassuring everyone that they will eventually get their $

    aka nothing has changed
  58. #733
    Selling for .80
    Playing big pots at small stakes.
  59. #734
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    Quote Originally Posted by fjuanl View Post
    FTP update 5/30:

    - apologize for lack of communication
    - still no timeline for withdrawals
    - reassuring everyone that they will eventually get their $

    aka nothing has changed
    full text below for the blind

    Quote Originally Posted by ftpdoug View Post
    To our customers:

    We acknowledge that our lack of communication reflects poorly on us, and rightfully so. We have been too optimistic in estimating how long it would take to sort through the issues we have faced since Black Friday. And as frustrating as the delays have been for us, we recognize that it cannot compare to the frustration you have been feeling.

    We further recognize that our lack of communication has led to much speculation and many unsubstantiated rumors, which have often been contradictory. With this message, we hope to clear up as much confusion as we can, while at the same time keeping in mind the constraints imposed on us as a result of the cases brought in the Southern District of New York.

    The most pressing questions:

    1. When will the US players be paid?

    We still do not have a specific timeframe for this. There has been, and remains, no bigger priority than getting US players paid as soon as possible, and we have been working around the clock to get this done.

    2. Is FTP bankrupt?

    No. FTP's worldwide business is healthy and, although we've had some short-term challenges, it is operating as normal.

    From: http://www.gamblingcontrol.org/userf...2020110516.pdf

    "The AGCC’s investigation into the affairs of it licensee Vantage Limited, trading as Full Tilt.com, is ongoing; initial investigations indicate no reason to believe that player fund transactions are fundamentally threatened by any consequence of the US authorities' actions. Delays caused by these actions are in the process of resolution, with normal service now being restored for non-US players. We understand that progress in respect of US player fund repatriation is anticipated and will be the subject of a separate statement from Full Tilt in due course. The Commission will remain engaged in this process."

    3. What is the company doing to speed up payouts to the US players?

    We are raising capital to ensure that the US players are paid out in full as quickly as possible.

    It is important to remember that Full Tilt Poker has always paid out our players, even in the face of previous legal obstacles or factors not in our control, such as payment processor defaults and prior actions by the US government which resulted in US player funds being seized.

    In all of these previous instances, Full Tilt Poker has covered these losses and intends to do the same again.

    4. Why are the Full Tilt Pros remaining silent?

    It is not their choice. But they are constrained by the pending legal actions.

    As a final note, we understand -- and have always understood -- the effect that our brief statements have had not only on our customers, but also on our reputation. It has not been easy to stay silent and watch the damage being done to our company brand and personal reputations, but we need to be mindful of the complicated and serious legal issues raised in the pending cases.

    as an aside, withdrawals for non-US players are turning up in bank accounts - so they at least have some liquidity.
  60. #735
    QuickTender/UMW went under, website is down, all accounts suspended... or at least that's what the email said. Regardless, I'm out $300. Good christ this is fucking retarded. And the US rooms that are left are so bad in so many ways. I miss Stars like an ex girlfriend that gave good blowies.
  61. #736
    Quote Originally Posted by baudib View Post
    Selling for .80
    I tried to send you a pm incase you were actually serious about this but your inbox is full. Can U.S. players xfer on ftp?
  62. #737
    I'll sell 1500 for .80
    [00:29] <daven> dc, why not check turn behind
    [00:30] <DC> daven
    [00:30] <DC> on my hand?
    [00:30] <daven> yep
    [00:30] <DC> because I am drunk
    [00:30] <daven> nice reason
    [00:30] <daven> no further questions
    [00:30] <yaawn> ^^Lol

    Problem officer...?
  63. #738
    bikes's Avatar
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    us players cannot transfer

    ?wut
  64. #739
    Quote Originally Posted by bikes View Post
    us players cannot transfer
    kinda figures. Ftp is really raping u.s. players then because they know if transfers were available the money would get xfered out of u.s. and u.s. players could get their money. I'm assuming they dont want those funds to be cashed out right now due to liquidity issues . . .

    Stars is #1 for sure . .
  65. #740
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    Quote Originally Posted by daven View Post

    Originally Posted by ftpdoug
    3. What is the company doing to speed up payouts to the US players?

    We are raising capital to ensure that the US players are paid out in full as quickly as possible.

    It is important to remember that Full Tilt Poker has always paid out our players, even in the face of previous legal obstacles or factors not in our control, such as payment processor defaults and prior actions by the US government which resulted in US player funds being seized.

    In all of these previous instances, Full Tilt Poker has covered these losses and intends to do the same again.
    This is bad in sooo many ways.

    Quote Originally Posted by dneureiter View Post
    kinda figures. Ftp is really raping u.s. players then because they know if transfers were available the money would get xfered out of u.s. and u.s. players could get their money. I'm assuming they dont want those funds to be cashed out right now due to liquidity issues . . .

    Stars is #1 for sure . .
    To my knowledge Stars does not allow xfers either, just cashouts
    Last edited by Shotglass; 05-31-2011 at 12:04 PM.
  66. #741
  67. #742
    selling .10/1.00
    Playing big pots at small stakes.
  68. #743
    lolzzz_321's Avatar
    Join Date
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    My ice is polarized
    If I draft a contract and pay you .10/100 will you give me the rights to your FTP monies?
  69. #744
    I'm just kidding, at this point I couldn't in good conscience hand over the FT "money" to anyone.

    Who's listening to the Quadjacks broadcast right now? Holy shit, this is scary stuff.
    Playing big pots at small stakes.
  70. #745
    should I cash out of bodog while i still can?
  71. #746
    Shotglass's Avatar
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    feelin' allright
    Quote Originally Posted by baudib View Post
    Who's listening to the Quadjacks broadcast right now? Holy shit, this is scary stuff.
    How about a recap for those of us that missed the broadcast.
  72. #747
    Last edited by givememyleg; 06-01-2011 at 10:47 AM.
  73. #748
    Brazilian players haven't been able to get money out for about a month

    Nick Rainey came on and had several outrageous/damning claims about FTP:
    1. He admits to ghosting someone to a $300K bink and that FTP shut the account down when it had no way of knowing it was him playing on it. The fact that this wasn't publicized and that money was possibly not given back to the players but instead personally confiscated by Ray Bitar is offered as proof money evaporating on FT. This is admittedly the more conflicted part of his interview.

    2. Apparently well-known in the HSNL community, Patrik Antonius had up to 40 accounts before he became a FT pro.

    3. Full Tilt sold 100% rakeback accounts for up to $50,000.

    4. As has been documented in the Clonie Gowen case, Rainey says much of the business done by Full Tilt was done without documentation; "handshake" deals that were later forgotten when it became convenient.

    5. Ray Bitar spent player funds on advertising for the 2010 WSOP.

    6. David Benyamine owed FT millions; a low-level rogue employee was apparently able to funnel him several million that he lost in nosebleeds.

    7. NoahSD of 2+2 and subjectpoker.com came on to tell Rainey to "STFU cheater," Rainey called him a 3-foot nerd with 20K 2+2 posts who's never been laid.

    8. Noah argued with QJ guy over whether or not Doyle was tipped off about DoJ raid. Conjecture followed that there was a $6 million debt owed to Cake that went toward for Doyle's live poker bankroll.
    Playing big pots at small stakes.
  74. #749
    ^^^ wow what a fucking mess.
  75. #750
    the 100% rb for 50k seems insane... that seems like a pretty inexpensive mint..

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