FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)

[yesright]

Originally Posted by Hdemet

What about looking at a bank account statement showing that there is $300 milion cash sitting in there?

Unfortunately, thats not how the real world works.

Thats why a company has approved accountants compile and sign off on the numbers.

Thats the reason Arthur Andersen was taken down by the Enron scandal.

http://en.wikipedia.org/wiki/Arthur_Andersen

I think the AGCC made a lot of mistakes but at least they appear to be honest ones.
It seems they were duped by FTP just like we ALL were.

They asked FTP to answer the charges at the hearing and they refused.

Can you imagine posting on NVG in April that FTP didnt have a fraction of the funds to pay the players.

Your account would have been banned instantly and everyone would have called you a crackpot.

How could the 2nd biggest online room in the world not have the money to pay the players let alone 100's of millions on top?

[DJRiccoLaw]

Originally Posted by Hdemet

The DoJ reply concerning victim compensation has to be the single most important news to have come out since this whole thing started.

It is also the VERY BEST GOOD NEWS that anyone could have hoped for to date.

In my Opinion of course.

Something to DEFINITELY smile about even though it doesnt definitely state players/victims will get their money back it does give them some hope which in the current climte is definitely worth holding onto.

I for one started posting on here Hdemet when i found after weeks of searching for answers found a lot of truth in your honeest opinions

I have also emailed the DOJ awaiting "swift "/ any reply as to indicate where ROW players should now go to seek restitution

very enjoyable posts man keep up the good work

[ShortyTheFish]

Originally Posted by yesright

How could the 2nd biggest online room in the world not have the money to pay the players let alone 100's of millions on top?

Cuz Howard needed the money to buy his bloated ass more cheeseburgers

[akem]

Does anyone know how much the DOJ seized from stars? 337 million seized from FTP seems like an absurd amount.

[Bene Gesserit]

Originally Posted by laughing gravy

IMO, they forced them to screw around with US banks as a way to clear the field for the Vegas Casinos to come in to the market.

This is what really may be the end result soon for sure, whether you are right about a scheme or simply events occuring. The real story will come out and you may be a prophet in the end!

[Blizzuff]

Originally Posted by yesright

Can you imagine posting on NVG in April that FTP didnt have a fraction of the funds to pay the players.

Your account would have been banned instantly and everyone would have called you a crackpot.

Uh, people posted that kind of stuff for months leading up to black Friday, and while there was some flaming and threads devolving and being locked/deleted, there was also a lot of healthy debate about it and most 2p2ers with their heads screwed on correctly took them seriously. The problem was that it was almost always pure speculation based on people reading between the lines, so it was relatively easy to discount, not because everyone had their heads buried in the sand.

[DJRiccoLaw]

Originally Posted by SGT RJ

A non-US player posted in the other thread that he emailed the DOJ about how this works for ROW players, and was told that any player could file for victim status no matter their citizenship, just as an FYI.

Before this becomes a USA vs. ROW thing again.

This must strive to become a FTP player combined effort if we are to see any of our $$$$$ returned...

We all played at FTP no matter where we were from,,, we all deserve our monies returned

United we have some hope of actually forming a group large enough to be heard and hopefully listened to ,,

As it looks right now the on;ly hope we seem to have is to get the monies returned to players by the DOJ

DOj has seized"frozen seizes in seized accounts over $330 million from Full Tilt Poker according to the AGCC press release today

[laughing gravy]

Originally Posted by yesright

Im going to make a petition for you to stop posting petitions.

I'm signing.

[LetsGambool]

Originally Posted by Yndzone

AGCC has not protected the Players of Full Tilt Poker, would you like AGCC outside the white list like Gambling authority?
if yes, please sign the petition: http://www.ipetitions.com/petition/agcc/

Every one have to pay for they errors

This is a very good course of action to take, totally onboard with helping to make this happen.

[vamooose]

Originally Posted by vamooose

Just so you aware AGCC are the current regulator of choice to World Poker Tour Online and Hurrahs Online. That Yndzone guy gonna do another petition?

well?

[Hdemet]

Originally Posted by yesright

FTP has balls the size of grapefruits.

They blame the AGCC for this mess.

Its so LOL ridiculous.

Its so obvious that they knew the AGCC was going to take away their licence they decided to sugest this whole mystery investor deal hung on the fact as to blackmail the AGCC.
Im glad they didnt fall for it.

Its clearly desperate nonsense from desperate people.

The AGCC has kept one licence open, its now up to FTP to prove this investor is for real by taking over the company.

My prediction is that no investor will put up the money and FTP will say its all the fault of the AGCC.

FTP has blamed virtually everyone in this mess bar themselves.

Maybe next they should blame us (the players) for playing on their shady site.

Actually the players are totally 100% to blame.

Had they not played they would not have put so many millions in front of these thieves and tempted them to steal all that money.

Perhaps a lawyer can help me but I think its called contributary negligence...

Maybe they can use this as a defence...any chance I can be paid for my legal advice...maybe with FTP points becasue we know they cant do it with realmoiney?

[yesright]

Originally Posted by DJRiccoLaw

This must strive to become a FTP player combined effort if we are to see any of our $$$$$ returned...

We all played at FTP no matter where we were from,,, we all deserve our monies returned

United we have some hope of actually forming a group large enough to be heard and hopefully listened to ,,

As it looks right now the on;ly hope we seem to have is to get the monies returned to players by the DOJ

DOj has seized"frozen seizes in seized accounts over $330 million from Full Tilt Poker according to the AGCC press release today

I will say this, the majority of the persons named by the DOJ as being to blame are American citizens.

I am sure the DOJ feel obligated to compensate every single player equally as they feel its a duty and embarrasement that American citizens have defrauded players around the world who did nothing wrong, who mostly played 100% legally (or in most cases not illegally)

The statement by the DOJ is actually far bigger news than the AGCC thing and FTPs stupid statement.

The bad news is the timeframe for all the court cases and getting some of the money back is probably a long one.

I am guessing 3-5 years based on previous cases.

After all is said and done, how much will they be able to get back?

There will also be other creditors inline who want their share.

What a complete cluste**** this is.

[laughing gravy]

Originally Posted by ShortyTheFish

Cuz Howard needed the money to buy his bloated ass more cheeseburgers

I think you'll find they are veggie burgers, he only eats cheese burgers when some idiot offers him $10K.

David Grey once bet vegetarian Howard Lederer $10,000 that he couldn’t eat a cheeseburger. Lederer insisted he could – and promptly wolfed one down. Then, knowing Grey had a strong aversion to olives, he offered him a chance to win his money back by eating some of those. Without a moment’s thought, Grey tossed Lederer the $10k and kept the green things out of his mouth.

[Hdemet]

Does anyone know where I can find the FTP response to them losing their licence in its entirety?

I just cant seem to find it anywhere...a link would be welcomed.

many thanks in advance

[Hdemet]

Apologies have found it now (FTP reply