Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT - Page 157 - Poker News

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Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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05-17-2012 , 11:50 AM

#3901

GET0NMYLEV3L

banned

Join Date: May 2010 Posts: 147

I am a bit worried about my funds on fulltilt for reasons that aren't so obvious, even if we all do get reimburssed. About a month before black friday I tried cashing out $5k via bank wire, the wire never hit my bank account. But since then, it has no longer appeared in my full tilt balance either. Do you think there is any way that if we get paid back, they will only give me the actual balance in my cashier? or will they be able to go back and see the amount I had technically still "processing" and add that amount back to my total balance?

any input would be nice

05-17-2012 , 11:55 AM

#3902

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,530

No one seems to know about in limbo funds or FTP points/iron man.

Which sucks b/c a lot of people have a bunch of each.

05-17-2012 , 12:03 PM

#3903

Sicarius

journeyman

Join Date: Jul 2008 Posts: 210

Yeah I have 20k in limbo (cashed out to neteller) and just bought the 5k bonus for 1.1 million ftp´s. Would really love to get it all back.

Really hoping this Chinamaniac guy is right. I hope he understands that many people are really desperatly waiting for any news. I hope he is genuinly trying to help out the community.

05-17-2012 , 12:04 PM

#3904

KingKongGrinder

Pooh-Bah

Join Date: Mar 2009 Posts: 3,598

Quote:

Originally Posted by Go Get It

No one seems to know about anything

FYP

05-17-2012 , 12:05 PM

#3905

Bene Gesserit

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 6,365

Unless they were using an abacus and candelight, all that info should be available in the FTP files. Whether anyone is looking or will look is of course a good question, but since there seems to be so many folks and so much limbo money involved it will likely get addressed. That is if anything ever gets addressed!!

05-17-2012 , 12:11 PM

#3906

KingKongGrinder

Pooh-Bah

Join Date: Mar 2009 Posts: 3,598

Quote:

Originally Posted by Bene Gesserit

Let's hope PS has ninja accountants that can navigate through the mess that is FTP.

05-17-2012 , 12:19 PM

#3907

QuadStacks

centurion

Join Date: Feb 2012 Posts: 158

Quote:

Originally Posted by Bene Gesserit

Agreed, I would imagine the majority of people have money in pending, those with decent balances anyway.

05-17-2012 , 12:22 PM

#3908

GET0NMYLEV3L

banned

Join Date: May 2010 Posts: 147

Quote:

Originally Posted by Bene Gesserit

thanks!

05-17-2012 , 12:23 PM

#3909

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by Bene Gesserit

Would you really be surprised if they were using an abacus? They ran this multi million dollar company so badly nothing would surprise me.

05-17-2012 , 12:32 PM

#3910

Bene Gesserit

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 6,365

Quote:

Originally Posted by joeyrulesall

Would you really be surprised if they were using an abacus? They ran this multi million dollar company so badly nothing would surprise me.

Well I would not be shocked after everything else LOL

05-17-2012 , 12:46 PM

#3911

flight2q

old hand

Join Date: Jul 2005 Posts: 1,258

Quote:

Originally Posted by Bene Gesserit

The problem is that they used third parties for transaction processing. And some of those parties are/were under indictment. That has always been an obstacle to getting the info needed to resolve accounts, because those parties are all lawyered up. But hopefully there is traction now that Campos and Elie cases at least are out of the way.

05-17-2012 , 12:47 PM

#3912

andyg2001

veteran

Join Date: Mar 2009 Posts: 2,905

Quote:

Originally Posted by Go Get It

No one seems to know about in limbo funds or FTP points/iron man.

Which sucks b/c a lot of people have a bunch of each.

If there going to pay, then of course that will include the money you tryed to cash out but didn't get. I don't know how you could think it won't.

FTP point and iron man medals are less clrear.

05-17-2012 , 12:51 PM

#3913

Huskermoney00

banned

Join Date: Apr 2011 Posts: 841

I'm sure that they will just convert them to money just like Pokerstars did when it came to their Fpps or whatever they were.

Disclaimer: NO I DO NOT HAVE AN INSIDE SOURCE

05-17-2012 , 12:52 PM

#3914

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by andyg2001

If there going to pay, then of course that will include the money you tryed to cash out but didn't get. I don't know how you could think it won't.

FTP point and iron man medals are less clrear.

You're the same type of person that would have said of course FTP has enough money to pay us all. Why wouldn't they ? Only people that would assume this are people with little or no money at stake.

05-17-2012 , 12:53 PM

#3915

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,530

Quote:

Originally Posted by andyg2001

If there going to pay, then of course that will include the money you tryed to cash out but didn't get. I don't know how you could think it won't.

FTP point and iron man medals are less clrear.

I would tend to agree, but how about for legal reasons that are currently unknown.

Something like it wasn't in your account when the site went down and is in the hands of some bank therefore PS/FTP/DOJ don't claim any legal responsibility?

And yeah, it would really suck not to get cash for FTP's/Iron man imo.

Also I wonder how much all of the US players FTP's/Iron man would add up to in terms of real dollars. If there were 5,000,000,000 total FTP's at $.004, which was the going avg rate I think, it would add an extra $20M to the deal which is a lot imo. Obv no clue how many there really were though.

05-17-2012 , 01:00 PM

#3916

andyg2001

veteran

Join Date: Mar 2009 Posts: 2,905

Quote:

Originally Posted by joeyrulesall

You're the same type of person that would have said of course FTP has enough money to pay us all. Why wouldn't they ? Only people that would assume this are people with little or no money at stake.

I have about a 15k cash balance inlucding 8.5k I tryed to withdraw, and about 2k worth of points and medals.

05-17-2012 , 01:25 PM

#3917

gameoverjc

veteran

Join Date: Mar 2007 Posts: 2,761

Quote:

Originally Posted by Chinamaniac

Because those people you think are "in the know" either

A. don't know anything or they would report it

B. or they are not at liberty to say certain things which is understandable. As is the case with a most "in the know" people I have spoken with

I am not tipping my hand on my sources or where I am getting information. I did what I felt was right and had a conversation with Todd to confirm I'm not blowing smoke up the communities ass. If that's not good enough for you then so be it.

Things are happening, they are moving fast and good news is coming. That is all I can say right now.

Have not been this excited in awhile.

Thanks for the updates, I know they are optional and please disregard the trolls.

05-17-2012 , 02:06 PM

#3918

IamPro

one time Plz???

Join Date: Jan 2009 Posts: 17,652

Quote:

Originally Posted by IamPro

ready

week away, I am so excited

05-17-2012 , 02:16 PM

#3919

Huskermoney00

banned

Join Date: Apr 2011 Posts: 841

Quote:

Originally Posted by IamPro

week away, I am so excited

You guys think its going down?

05-17-2012 , 02:16 PM

#3920

KingKoopaa

journeyman

Join Date: Aug 2010 Posts: 365

Next week's gonna go sooo slow lol.

05-17-2012 , 02:18 PM

#3921

Huskermoney00

banned

Join Date: Apr 2011 Posts: 841

anyone seen this yet? Wanna disect it for me?

05-17-2012 , 02:20 PM

#3922

Davidian

banned

Join Date: May 2012 Posts: 162

Quote:

Originally Posted by GET0NMYLEV3L

my guess is that there is way more money in limbo withdrawals then there is left in the acounts. at least everyone i know and myself tried to withdraw a huge part of our bankrolls after black friday and never received a dime!

05-17-2012 , 02:22 PM

#3923

Huskermoney00

banned

Join Date: Apr 2011 Posts: 841

http://www.examiner.com/article/poke...done-by-may-23

05-17-2012 , 02:26 PM

#3924

KingKongGrinder

Pooh-Bah

Join Date: Mar 2009 Posts: 3,598

Quote:

Originally Posted by Huskermoney00

http://www.examiner.com/article/poke...done-by-may-23

I didn't open it, and I won't. What is the examiner.com? I never heard of it. Is there any reason to think examiner.com has a jump on the story before anyone else? I will dissect it without reading it. Just another crappy site trying to get hits on their website by telling the people what they want to hear.