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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

06-14-2012 , 04:57 PM
Quote:
Originally Posted by Zeus84
MODS, jump in at any time. Same to you ps..
ps is already "jumping" us dont worry
06-14-2012 , 05:36 PM
FTP is officially DEAD...it's been too long now, we need to face facts, PS have been negotiating for 13 months with DOJ - why shoukdnt be expecting anything anytime soon anyway
06-14-2012 , 05:51 PM
this thread has come to an alltime down.
06-14-2012 , 05:58 PM
I wonder how much money I would have made working instead of reading these stupid posts for the last 13 months probably enough to cover my losses.
06-14-2012 , 05:58 PM
Quote:
Originally Posted by ThomasMoyes
FTP is officially DEAD...it's been too long now, we need to face facts, PS have been negotiating for 13 months with DOJ - why shoukdnt be expecting anything anytime soon anyway
Thanks for making it official, we have been waiting for that.
06-14-2012 , 05:59 PM
Come on people, when someone starts talking about getting a rifle through customs, don't respond to that.

Davidian, you're on a short leash. One more non-sensical trollish diatribe and I'm banning you from this thread.
06-14-2012 , 06:48 PM
**** you howard you fat piece of ****.

also, i freaking hate quiet lion. hope he gets hit by a mack truck
06-14-2012 , 06:49 PM
is there any news about FTP lately? seriously I need my kitchen sink back and the really sexy software. at all? even rumours are appreciated, I'm getting super desperate. I don't even have any funds tied up on FTP.
06-14-2012 , 07:42 PM
tom dwan said to the poker player magazine that he will give his FTP sponsering money back if FTP goes broke. But he also said that he s optimistic that the deal with pokerstars goes through
06-14-2012 , 07:45 PM
Wow. It's okay threaten to shoot or beat someone but not to gossip on this forum.
06-14-2012 , 08:07 PM
For all those that asked, I am pretty sure that limbo funds were added back in months ago. Obv, GBT would have needed all this information as would any other buyer. I was told at the time that final account balances would reflect the correct amounts. Since we have no way to check this right now, I suppose each player will have to reconcile and confirm his balance is correct before any withdrawal occurs.
06-14-2012 , 08:21 PM
I wish I could just play the daily dollar again. Such a fun tourney before bed. Sigh.
06-14-2012 , 08:32 PM
DF, did GBT mention anything about getting back into your account? I don't think there is a chance I could remember my password and the card security thing. And who added the limbo funds back in? Wasn't FTP cash broke?

And do you know if GBT was going to do anything for US player wrt FTP points/ iron man?
06-14-2012 , 08:33 PM
Pokerstars is probably deciding how to deal with all the other corrupt things they found. There is probably more then just lost balances they need to fix and make right to start "fresh" with everyone happy. Would be a great announcement before the Main Event.
06-14-2012 , 08:42 PM
Quote:
Originally Posted by dontwork
Pokerstars is probably deciding how to deal with all the other corrupt things they found. There is probably more then just lost balances they need to fix and make right to start "fresh" with everyone happy. Would be a great announcement before the Main Event.
I agree but in reality its probably before main event 2014...
06-14-2012 , 08:52 PM
Quote:
Originally Posted by Gankstar
The first sign someone isn't going to do **** is when they tell you they ARE going to do ****.

Real gangsters never make threats. They make friends with their victims.

On a side note, I had no idea Belarus made gangster films.
I am sure he is not American or Brit so I picked Belarus to get less flame. This guy is the strangest of a strange bunch ( me included)
06-14-2012 , 09:35 PM
Quote:
Originally Posted by Go Get It
DF, did GBT mention anything about getting back into your account? I don't think there is a chance I could remember my password and the card security thing. And who added the limbo funds back in? Wasn't FTP cash broke?

And do you know if GBT was going to do anything for US player wrt FTP points/ iron man?
I am sure plenty of ppl will have forgotten their passwords etc, and the procedure likely will take the same avenues as always before depending on how withdrawals will be processed.

When I say limbo funds added back into your account, I meant on paper obviously, meaning higher account balances. Clearly if there was not enough real cash before that, there isnt now either. The actual funds that were grabbed "in transist" were not returned to FTP obv. Remember that the overwhelmingly vast majority of those limbo funds were only deducted on paper from your account, there was virtually no real money to actually put "in limbo". However, the account balances, including limbo, would have had to been reconciled to present the correct numbers to any buyer. I do know that FTP and Iron Man, tourney tickets and Store etc were all discussed with GBT, I do not know for sure how this will be handled now.

Disclaimer: I was told months ago that the above happened, obviously I have not seen it with my own eyes, and players will have to check all this out when the time comes.
06-14-2012 , 09:46 PM
Quote:
Originally Posted by Mondogarage
Not a chance. Any of these cases, the first thing defendant files is a notice of removal to federal court, and there is no way a fed court does not have jurisdiction here, as virtually any of these transactions with FTP's processors would have crossed state lines.

You can argue choice of venue in which fed district, but there is no way a motion to remove to federal court doesn't win here.
I not so sure you're correct. A lawsuit against solely Nevada resident defendants brought in Nevada state court would be difficult for those defendants to remove.

If the defendants could get it removed, let them; that result is much better than trying to start in federal court and spend a lot of time fighting the defendants motions to dismiss for lack of jurisdiction et al.

I much rather be in the position of having the defendants trying to accomplish something that doesn't hurt me, and maybe actually helps, (arguing for removal) than having them arguing to have the action dismissed for lack of jurisdiction or venue (which I think has a greater probability of success than you do). If the defendants win the motion for removal, they have lost any future ability to challenge that (as a practical matter, I am well aware of the famous case where the defendants sought and got removal and the raised jurisdiction in the S.C. and won) and it's full guns ahead; if the defendants win a motion over jurisdiction or venue, the plaintiffs are back to square one.

It all argues to start in state court, where I think it would stay.
06-14-2012 , 09:53 PM
Quote:
Originally Posted by Diamond_Flush
I am sure plenty of ppl will have forgotten their passwords etc, and the procedure likely will take the same avenues as always before depending on how withdrawals will be processed.

When I say limbo funds added back into your account, I meant on paper obviously, meaning higher account balances. Clearly if there was not enough real cash before that, there isnt now either. The actual funds that were grabbed "in transist" were not returned to FTP obv. Remember that the overwhelmingly vast majority of those limbo funds were only deducted on paper from your account, there was virtually no real money to actually put "in limbo". However, the account balances, including limbo, would have had to been reconciled to present the correct numbers to any buyer. I do know that FTP and Iron Man, tourney tickets and Store etc were all discussed with GBT, I do not know for sure how this will be handled now.

Disclaimer: I was told months ago that the above happened, obviously I have not seen it with my own eyes, and players will have to check all this out when the time comes.
If the times come right? I sense some optimism in your posts?
06-14-2012 , 10:03 PM
Quote:
Originally Posted by Diamond_Flush
I am sure plenty of ppl will have forgotten their passwords etc, and the procedure likely will take the same avenues as always before depending on how withdrawals will be processed.

When I say limbo funds added back into your account, I meant on paper obviously, meaning higher account balances. Clearly if there was not enough real cash before that, there isnt now either. The actual funds that were grabbed "in transist" were not returned to FTP obv. Remember that the overwhelmingly vast majority of those limbo funds were only deducted on paper from your account, there was virtually no real money to actually put "in limbo". However, the account balances, including limbo, would have had to been reconciled to present the correct numbers to any buyer. I do know that FTP and Iron Man, tourney tickets and Store etc were all discussed with GBT, I do not know for sure how this will be handled now.

Disclaimer: I was told months ago that the above happened, obviously I have not seen it with my own eyes, and players will have to check all this out when the time comes.
TY obv.

Yeah, I, along with a bunch of others I'm sure withdrew on the 14th not knowing what was going to happen the next day. So it's good to hear that they most likely changed the number back to the pre withdrawal number, although not like it was actual money.

Good to hear they kept an accounting of at least that stuff.
06-14-2012 , 11:51 PM
Quote:
Originally Posted by Go Get It
DF, did GBT mention anything about getting back into your account? I don't think there is a chance I could remember my password and the card security thing. And who added the limbo funds back in? Wasn't FTP cash broke?

And do you know if GBT was going to do anything for US player wrt FTP points/ iron man?
GBT was gonna:

[ ] pay the US players their $$$ balances (they weren't supposed to)
[ ] pay the ROW players, like they were supposed to
[X] compensate the US players for FTPs and IMs

Something about the above smells bad.
06-15-2012 , 12:37 AM
Quote:
Originally Posted by Diamond_Flush
players will have to check all this out when the time comes.
Will this time come before Autumn? (I know I know 'when they're ready' jajaja) This has forced me to start practicing meditation so that I don't wind up with a nose full of PCP at Howard 's house with an appetite for face.
06-15-2012 , 01:04 AM
Quote:
Originally Posted by Franktposter
So, what did Ray have on the board to keep them from firing him?
Ray was willing to deal with the situation that he was largely responsible for creating. Neither Howard nor Chris wanted that much responsibility.
06-15-2012 , 01:20 AM
Quote:
Originally Posted by Gioco
I not so sure you're correct. A lawsuit against solely Nevada resident defendants brought in Nevada state court would be difficult for those defendants to remove.
You would be correct if all the plaintiffs were also Nevada residents, or if all the conduct leading to the lawsuit (e.g., the transactions) took place in Nevada. But if you have a bunch of non-Nevada residents as plaintiffs, then the defendants have an easy removal, since the acts leading to the complaint were multijurisdictional.
06-15-2012 , 01:20 AM
With the 30,000 post ITT rapidly approaching I think it only fitting that it should be done by a non random poster.

I suggest Noah.

      
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