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

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  1. #901
    BooG690's Avatar
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    That's how winners play; we convince the other guy he's making all the right moves.
  2. #902
    BooG690's Avatar
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    That's how winners play; we convince the other guy he's making all the right moves.
  3. #903
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    BREAKING: GBT and DOJ Strike Deal, FTP Sale Pending | Subject: Poker

    After weeks of waiting, Subject: Poker can confirm that Groupe Bernard Tapie and the US Department of Justice have come to terms that allows GBT’s acquisition of Full Tilt Poker to continue. If FTP’s current shareholders agree to acquisition of their company, this deal with the DOJ will provide for payment of all players worldwide.

    Multiple sources have confirmed to S:P that the following email went out this morning to Tiltware shareholders from Ray Bitar:

    Dear members,

    I am pleased to announce that today the Department of Justice and Groupe Bernard Tapie have reached an agreement in principle regarding the acquisition of the companies comprising FullTiltPoker. My understanding is the deal provides that in exchange for an agreed upon payment by GBT, and a GBT commitment to assume responsibility for payment of ROW players, DoJ will reimburse US players and settle the outstanding civil litigation with the companies comprising FTP. Beyond these conditions, issues like the time frame and process for repayment of players remain unclear at this point and time.

    With DoJ’s consent now in hand, GBT may now proceed to finalize an agreement to acquire the companies or assets that comprise FTP. That agreement will very likely address the status of your shares or interests in the successor company. When I receive that agreement, I will coordinate with our attorneys to ensure the terms of that proposed agreement will be shared with the membership and voted on.

    -Ray

    Final details are still being worked out between GBT and the US Attorney’s Office for the Southern District of New York. Subject: Poker hopes to be able to report the full terms of the deal in the coming days. Once this is complete, Groupe Bernard Tapie will be able to propose a deal to acquire Full Tilt Poker directly to its shareholders. Members representing two thirds of ownership interest must vote to approve any such deal.

    Subject: Poker has confirmed from numerous sources that, if shareholders agree to GBT’s proposal, Groupe Bernard Tapie will assume responsibility of Full Tilt’s debt to non-US players and the US DOJ will set up a fund to repay US players. We do not know at this time what the timeline for such repayment will be.

    If current FTP shareholders agree to the sale, GBT can move on to licensing, making the new company one step closer to launch.1

    Again, Subject: Poker is activelyworking to bring our readers the full details of the deal, and we will publish what we know as soon as possible. We typically do not publish such information with so little detail, but we felt that this situation warranted fast publication.

    ?wut
  4. #904
    Obv this is awesome... but I do kind of wish that GBT was dishing out my money, not the DOJ. But then again, after the phone surveys... maybe having the DOJ, who presumably has 100 pennies sitting in seized accounts, pay us out is best?
  5. #905
    Groupe Bernard Tapie to buy Full Tilt Poker - Yahoo! Finance


    As part of the deal, the French firm will take responsibility for the burned players outside the U.S., while the Department of Justice will facilitate paybacks to the American gamblers who lost about $150 million. American players will have to apply to the DOJ for compensation.
    won't feel real until I see the money but...
  6. #906
    i guess was also announced on Fox news and confirmed by FTP lawyer (per 2+2)
  7. #907
    Yahoo article is down for me.

    BREAKING: DOJ and GBT Ink Their Deal, FTP/GBT Next in the Queue | Subject: Poker

    FTP’s shareholders still must agree to the forfeiture of the companies’ assets in order for the deal to move forward.
    <-- cautiously excited
  8. #908
    Lederer's never gonna agree to the forfeiture of his black card.
  9. #909
    Man, I hope the DOJ handles this well. It should be a really simple process, but obviously it's something that could easily be fucked up by some incompetent bureaucrats.

    Take a look at the IRS for example. I can file online, and I get my return in a matter of days. If it takes the DOJ like 6 months + to figure this out, it would just be a shame.
  10. #910
    rong's Avatar
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    I can't see the doj being in any rush to hand over vast sums of money.
    I'm the king of bongo, baby I'm the king of bongo bong.
  11. #911
    Quote Originally Posted by DanAronG View Post
    I can't see the doj being in any rush to hand over vast sums of money.
    Maybe not a big rush, but what exactly is their incentive to hold onto it? I wouldn't imagine that they can use the money, so it really does them no good to hold onto it.
  12. #912
    bikes's Avatar
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    logic not government's strong point imo

    ?wut
  13. #913
    bikes's Avatar
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    ?wut
  14. #914
    slowest board run out ever
  15. #915
    Made the front page online, not bad.

    http://www.nytimes.com/2011/12/25/us...rtment.html?hp

    Cliffs: DoJ reads Wire Act.
    Ich grolle nicht...
  16. #916
    Quote Originally Posted by drmcboy View Post
    slowest board run out ever
    rofl
    [20:19] <Zill4> god
    [20:19] <Zill4> u guys
    [20:19] <Zill4> so fking hopeless
    [20:19] <Zill4> and dumb
  17. #917
    Quote Originally Posted by Illfavor View Post
    Made the front page online, not bad.

    http://www.nytimes.com/2011/12/25/us...rtment.html?hp

    Cliffs: DoJ reads Wire Act.
    FTR does news too you know

    DOJ Clarifies that Wire Act only applies to Sports Betting « Poker Blogs
    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.
  18. #918
    bikes's Avatar
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  19. #919
    lolzzz_321's Avatar
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    My ice is polarized
    he should be crucified
  20. #920
    Quote Originally Posted by lolzzz_321 View Post
    he should be crucified
  21. #921
    god damn
  22. #922
    have never trusted long hairs
  23. #923
    Join Date
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    massive piece of shit


    no pressure, no diamonds
  24. #924
    bikes's Avatar
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    http://www.pokerplayernewspaper.com/...pay-dirt-11874

    kinda nice news after i want to stake jesus through his ankles

    ?wut
  25. #925
    ya, that is def good news. Let's just hope that it wasn't written prior to the Jesus stuff hitting the press.
  26. #926
    bikes's Avatar
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    ?wut
  27. #927
    one fucking time

    btw, getting paid would be so sweet now, because enough time has elapsed where I no longer think of the money as mine. Pretty much freerollin now.
    Last edited by boost; 02-01-2012 at 12:45 AM.
  28. #928
    Roid_Rage's Avatar
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    He just wins, mmkay?
    +1

    Surprise check for like $1.2k (forget how much now :S) would be pretty sexcellent to go w/ tax returns.
    Quote Originally Posted by d0zer View Post
    cock sauce and anything asian is great
  29. #929
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    ?wut
  30. #930
    bikes's Avatar
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    ?wut
  31. #931
    bling blang blaow

    let's keep this momentum rolling...
  32. #932
    bigred's Avatar
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    Is online poker legal in the States yet?
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  33. #933
    America.

    Fuck yea.
  34. #934
    bikes's Avatar
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    ?wut
  35. #935
    bikes's Avatar
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    ?wut
  36. #936
    honestly, it seems like Greenstein is on point here. It is highly likely that American players, if they see money at all, see less than 100c on the dollar. So why should American pros settle their debt with GBT, instead of paying into the pool that will make American players whole? Obviously I want the deal to go through, but that doesn't mean GBT is the infallible hero of the story.
  37. #937
    bikes's Avatar
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  38. #938
    PokerUpdate » Full Tilt - Spoke Too Soon?

    bikes your link is broken, they had a typo and fixed it
    Quote Originally Posted by Fnord View Post
    Why poker fucks with our heads: it's the master that beats you for bringing in the paper, then gives you a milkbone for peeing on the carpet.

    blog: http://donkeybrainspoker.com/


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  39. #939
    bikes's Avatar
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  40. #940
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    excuse me while i completely discard any hope i had accumulated over the past 2 months. not so much for myself, cause i had mebbe 2-3k in lost monies but i have a lot of friends with fuck tons of monies there and this is completely shitty news for them.

    ?wut
  41. #941
    rong's Avatar
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    If things ever start to look like Fulltilt will be returning funds or that you American folk may be allowed to play again, can someone post it in a new thread, I'm sick of coming in here to check, it's depressing.
    I'm the king of bongo, baby I'm the king of bongo bong.
  42. #942
    http://www.pokerplayernewspaper.com/...or-board-11965

    worth noting this author has done many articles re: the deal and most of them were negative.
  43. #943
    fucking roller coaster.
  44. #944
    bikes's Avatar
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  45. #945
    Just give me my money you fucking crook.

    Little late,for 'oh, my bad'
  46. #946
    bigred's Avatar
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  47. #947
    Goddammit. Every time this thread is bumped it's like watching a super hot chick walk into the room by herself then kiss the guy sitting at the bar. Hopes, crushed.
  48. #948
    Why do you care if I'm sitting at the bar?
  49. #949
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    Quote Originally Posted by StarGrinder View Post
    Goddammit. Every time this thread is bumped it's like watching a chick walk into the room by herself then kiss the super hot guy sitting at the bar. Hopes, crushed.
    fyp thought it suited you more this way
  50. #950
    bikes's Avatar
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  51. #951
    Quote Originally Posted by kickass View Post
    fyp thought it suited you more this way
    I want to neg you but I won't.
  52. #952
    fuck poker

    fuck you

    just wanted to say that

    for years

    havnet yet said it

    fuck you you fucking asshole
  53. #953
    bode's Avatar
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    Quote Originally Posted by bikes View Post
    this only works for sean connery, ducy?
    eeevees are not monies yet...they are like baby monies.
  54. #954
    bikes's Avatar
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    say it in his voice it works just the same imo

    ?wut
  55. #955
    BBC have been showing the Annie Duke series of celebrity apprentice USA over the last few weeks and they showed the final episode last night. Found it interesting that at one point Annie said that her brother Howard had pledged to donate 100k and later on ,in one of the shots showing the silent auction bids there was a bid for 40k from him as well.

    She far exceeded the amount Joan Rivers raised , but was this filmed at a time that full tilt was running honestly , or was this at a time that Howard (+any other of Annies FTP pro owners who might also have donated ) had already started to dip into players funds.
  56. #956
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    PokerUpdate » Takeover Deal Nearing Completion?


    not sure why i even follow the news anymore.

    ?wut
  57. #957
    yeah I saw this and could not decide whether to bump thread. vamo!
  58. #958
    full repayment of all players? Where are they getting this from? Does this include US players?
  59. #959
    I'd be happy to see $300 at this point but I'll gladly take the full amount.
  60. #960
    Quote Originally Posted by StarGrinder View Post
    I'd be happy to see $300 at this point but I'll gladly take the full amount.
    Ya, I mean, I'm definitely with you here. Anything would be cool, but the full amount would be spec-fucking-tacular right about now...
  61. #961
    +1mirrion
  62. #962
    Quote Originally Posted by boost View Post
    full repayment of all players? Where are they getting this from? Does this include US players?
    I think it's completely unfeasible for FT to relaunch without full repayment of everyone.

    So to everyone hoping on FT manies, gl, rungood, ONE TIME etc.
  63. #963
    Quote Originally Posted by d0zer View Post
    I think it's completely unfeasible for FT to relaunch without full repayment of everyone.

    So to everyone hoping on FT manies, gl, rungood, ONE TIME etc.
    Ya, this is a good point. Even if they agreed to let the DOJ handle the repayments with the seized amount, and this squares them with the DOJ, it would be in their best interest to make sure no US players are shorted.
  64. #964
    hey guess what

    when pstars and ftp left wa state i had nothing but 10$ in ub account. had mental breakdown of epic, then turned it into baller portion, only to have ripped from hands by a government that cares only for its sociopathy

    so there

    the day i no longer think of poker is the day i might be able to find happiness
  65. #965
    I don't know why, but I always thought of you as a southerner. Of course I probably have read several times that you live in Washington... weird how ill-gotten impressions can stick for so long.
  66. #966
    Quote Originally Posted by boost View Post
    I don't know why, but I always thought of you as a southerner. Of course I probably have read several times that you live in Washington... weird how ill-gotten impressions can stick for so long.
    ive been confused as a southerner a few times, so you're not far off

    my singing voice is that of a redneck, my colloquialism is that of a redneck who watched a lot of hollywood, and my upbringing is that of a redneck who spent lots of time in a place where women are important


    really what i boils down to is my family is born and raised extremely xtian fundie, and that carries over strongly, even in suburbian washington
  67. #967
    bikes's Avatar
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  68. #968
    rude of them not to put "" around done deal in the <title>
  69. #969
    deal in a week, paybacks before the end of summer, one time? ONE FUCKING TIME?
  70. #970
    bikes's Avatar
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    Kevin Mathers ‏ @Kevmath
    hopefully it's worth the wait “@igamingpost: Check the site at around 7pm uk time for the #FTP news

    ?wut
  71. #971
    it's it already 7pm uk time?
  72. #972
    AGCC publishes Full Tilt report : The iGaming Post

    seems like FTP news only by proxy... it's really AGCC news. What a cocktease.
  73. #973
    lol hype
  74. #974
    bikes's Avatar
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    Kevin Mathers ‏ @Kevmath
    And that's an unfollow for posting "news" that was out earlier this morning.

    ?wut
  75. #975
    bikes's Avatar
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    Quote Originally Posted by wufwugy View Post
    hey guess what

    when pstars and ftp left wa state i had nothing but 10$ in ub account. had mental breakdown of epic, then turned it into baller portion, only to have ripped from hands by a government that cares only for its sociopathy

    so there

    the day i no longer think of poker is the day i might be able to find happiness
    dont play on ub wtf

    ?wut

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