If you go to FullTiltPoker.com you will no longer see the FBI/DOJ page. Instead you will automatically be sent to FullTiltPoker.co.uk. If you are from the USA there is a box over the homepage that contains the following message:
Full Tilt Poker™ Message to US Players
Full Tilt Poker has always maintained the highest levels of integrity and compliance with the law. Due to recent events, Full Tilt Poker is unable to accept ‘Real Money’ play from customers residing in the United States. However, please know that your funds are safe and secure. We are working with the United States Attorney's Office in order to get players their money back as soon as possible.
To further clarify any confusion, although the government did not seize individual players' accounts, it did seize the bank accounts in which those funds are held. At this time, the government has refused to release the seized bank accounts.
Full Tilt Poker continues to believe that neither its affiliated companies nor its executives violated the law in the United States, and it plans to mount a vigorous defense.
To further clarify any confusion, although the government did not seize individual players' accounts, it did seize the bank accounts in which those funds are held. At this time, the government has refused to release the seized bank accounts.
lol'd: "To clarify, your individual accounts aren't frozen, just the money that's in them!"
why the f are they signing any "release of domain" agreements that clearly imply the release of funds if the DOJ is lying about its intent and what accounts they seized. This wreaks of incompetence
why the f are they signing any "release of domain" agreements that clearly imply the release of funds if the DOJ is lying about its intent and what accounts they seized. This wreaks of incompetence
prolly cause they arent banned any were else except here. doj doesnt know what its got it self into.
To further clarify any confusion, although the government did not seize individual players' accounts, it did seize the bank accounts in which those funds are held.
FT and the DOJ should be able to facilitate cash outs to players at some point, might just take a bit. Obviously bogus if they continue to operate but claim they wont pay out US players because funds were seized from the processor in transit or w/e.
I have more worries about how FT pays out in the end than I do about Stars paying out because FT has had problems with e-check deposits for so long, and I imagine e-checks made up a high percentage of US player deposits. I had a deposit from 5 months ago taken out day before Black Friday (good timing, lucky me!).
Speculation here but, AFAIK, Tilt was letting players with accounts in good standing play with that e-check money. That would mean that FT never received a fair amount of the money listed as in player accounts since the deposits never cleared.
As a concrete example, if someone deposited $1000 but it was never processed and cleared, what does that mean for the amount of cash actually in the segregated player accounts. Would that mean the money on hand in player accounts doesnt actually equal the money listed in player accounts since the deposits never cleared? Or does FT true the deposits up from their own accounts, and then just take the money themselves when player deposits clear.
If its the former, it could explain their statement. Since the processor funds and corporate accounts are frozen, the segregated accounts wouldnt cover what's actually in players accounts.
It would also explain why Stars seems closer to being able to pay players out, because their e-checks have been much more up to date.
I would be less worried if my funds were at PS than at FT. Pretty much sums up the difference on how the 2 companies are run. I knew I should have switched to PS at the start of the year. I'm pretty sure if I ever to move out of the US, PS would get my business....no question about that. Forget fishiness, software, etc. At the end of the day, it's how the company is run and how it treats its customers.
Last edited by Lmaotsetung; 04-20-2011 at 11:16 PM.
I would be less worried if my funds were at PS than at FT. Pretty much sums up the difference on how the 2 companies are run. I knew I should have switched to PS at the start of the year. I'm pretty if I ever to move out of the US, PS would get my business....no question about that. Forget fishiness, software, etc. At the end of the day, it's how the company is run and how it treats its customers.