https://www.youtube.com/watch?v=SViV7I-Wdrk
This has probably been posted before, but from Joe Ingram's interview with Phil Hellmuth four days ago, there is a interersting section where he is answering questions about Ultimate Bet and the refunding from 1:00:40 to 1:10:00.
It appears to me that Phil does not like the question that much, and he said that since he left the site some months earlier he is not involved with anything of that. He also goes on about the refunding process and says he is glad everyone is being made whole (even if we still know no details). He may be genuine about what he says and have no part in this whatsoever, but it's still an interesting part of that interview.