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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%

09-13-2011 , 10:53 PM
Quote:
Originally Posted by insidemanpoker
Your trolling in this thread is getting really irritating. It is possible to have sympathy for those that make a mistake and are suffering the consequences. The fact that you are incapable of such compassion makes you basically just an insecure scumbag who needs to put people in their 'place' to make himself feel better.

Basically all good human beings would generally feel sympathy in this sort of scenario with the victims of the FTP mess (especially since players were not taking a risk at the expense of others like owners). While I disagree with you that it was so obviously a great risk to have money on the site (easy to play monday morning QB), even if it was a huge risk, there is basically no reason not to feel for those getting burned.

I am sure when someone dies climbing everest or going on a NASA shuttle you sit back in your rocking chair and just say 'idiot had it coming'. Only person that needs to get off their high horse is your pathetic trolling butt.

Forced to mute you, so don't bother responding to me good sir.

For you, everyone who you don't like is 'trolling' this thread or has some agenda. I lost money and while I can't stand a lot of peoples statements here, I listen or just skip them. If you are so pissed that you trusted these guys and listened to what others said (who had no real understanding) about their chances or even just assumed they could come back because YOU assumed the value MUST be great, without understanding all the investment implications, then that is your fault, not others.

Wow, must be nice that the only people who you don't ignore are those who you agree with....whats the point of being on this thread if you are not going to hear other peoples opinions that differ from yours?

LOL, pretty soon when FTP fails you will have everyone on ignore but yourself.
09-13-2011 , 10:59 PM
Quote:
Originally Posted by DavidNB
Its an attempt to get the money from Fulltilt. If the suit is succesfull, the court would order FT to pay its players
Obv they are after money, but how exactly does a court in the USA/Canada or wherever actually force FTP to pay up? Courts can rule that money is owed, but that doesn't mean anyone is forced to ship the monies given FTP's accounts are overseas. Also, Ive read that a few of these lawsuits only represent players in USA or Canada. I'm assuming they want 100% of what is owed, so is there ever a chance that for example Canada's players will get paid at the expense of everyone else? Seems the answer is an obvious no, so why even bother? I'm obv no lawyer tho.

Last edited by NCSU07; 09-13-2011 at 11:05 PM.
09-13-2011 , 11:09 PM
old article about the australian payment guy currently in witness protection:

"According to a source, Tzvetkoff "knows how to reverse-engineer transactions to determine its original source," making him very valuable to investigators.

And the biggest irony of all? It's been rumored that the only reason the FBI got their hands on him is because Full Tilt or Poker Stars (the companies he used to work for and stole from) tipped off the FBI that he was going to be traveling to the United States last year."

Was it ever confirmed that the feds were tipped off by the sites themselves? This would be one of the biggest fails ever if it came from ftp. Give the guy with all the info to the police but not prepare for any backlash?
09-13-2011 , 11:20 PM
Among all the lawsuits, the first one filed by Todd Terry etc. is the most scary one to the owners as almost all of the owners are Americans and the lawsuit targets their personal assets and asks for triple damage under RICO. If they lose in court on this lawsuit, they basically lose everything they have.
It is pretty sad to see all these poker pros we used to respect became our enemies now. It didn't have to come to this and they still have chance to make it right. I hope we never reach the stage where we have to battle them in court to get our money back. That will be really sad.
09-13-2011 , 11:24 PM
Quote:
Originally Posted by momo_the_kid
Among all the lawsuits, the first one filed by Todd Terry etc. is the most scary one to the owners as almost all of the owners are Americans and the lawsuit targets their personal assets and asks for triple damage under RICO. If they lose in court on this lawsuit, they basically lose everything they have.
It is pretty sad to see all these poker pros we used to respect became our enemies now. It didn't have to come to this and they still have chance to make it right. I hope we never reach the stage where we have to battle them in court to get our money back. That will be really sad.

They could fix bolded pretty quickly by giving back what they shouldn't have taken in the first place and paying out as many players as possible. (hopefully all of them)

Last edited by EYESCREW; 09-13-2011 at 11:29 PM.
09-13-2011 , 11:29 PM
Quote:
Originally Posted by EYESCREW
They could fix that pretty quickly by giving back what they shouldn't have taken in the first place and paying out as many players as possible. (hopefully all of them)
Yeah, this is all FTP players' hope. And this is also the only right thing to do, all the FTP owners know this too.
And so far Durrrr is the only one who publicly stated that he will give the money he got paid from FTP back to the players if players are not paid in full.
09-14-2011 , 12:59 AM
Concerning Todd Terry's lawsuit:

A) how can we get ourselves added as a member of the class
B) How will individuals prove how much they had in fulltilt
C) how long will everything take from start to finish
D) rough estimate on how much we can recoup from suing these guys?
E) Do the lawyers get a bigger cut because they are the ones slugging it out in court or will everything be equal according to bankrolls?
09-14-2011 , 01:17 AM
Quote:
Originally Posted by jhn_lundgren
So it's entirely legally acceptable to deposit money with a processor KNOWING that he is going to transmit the money ILLEGALLY for you?

Doesn't this theoretically make the depositor an accessory before the fact or a co-conspirator in the enterprise?

Please explain the distinctions, if any exist.
No point in arguing with ignorant fools. There a millions of "illegal" bookies across this country...from your small town pub to your big city night clubs, they operate everywhere. Yet, it's NOT illegal for you or I to place a bet on Monday Night Football...BUT it is illegal for Joe Schmoe to accept my bet...PLAIN AND SIMPLE!
09-14-2011 , 01:29 AM
Quote:
Originally Posted by exoendo
Concerning Todd Terry's lawsuit:

A) how can we get ourselves added as a member of the class
B) How will individuals prove how much they had in fulltilt
C) how long will everything take from start to finish
D) rough estimate on how much we can recoup from suing these guys?
E) Do the lawyers get a bigger cut because they are the ones slugging it out in court or will everything be equal according to bankrolls?
If you shoot a PM to Todd Terry I'm sure he'll be happy to answer all of your questions to the best of his ability.
09-14-2011 , 01:40 AM
Quote:
Originally Posted by Hash1982
Was gonna just stop posting but felt the need to share what I have just seen. A little off topic but I feel it would benefit the people who are owed money on FTP and are generally down on their current situation. This film really opened my eyes, THE SECRET. Below is the trailer (doesn't really do the film/documentary justice to be honest), I urge you to see it!!

http://www.youtube.com/watch?v=san61qTwWsU

buh bi NVG
nah, but for real: http://www.youtube.com/watch?v=4Z9WVZddH9w

mite make those of you hit "hard" by this ftp fiasco to think it's for the best. did for me. should absolutely be shown in schools everywhere.
09-14-2011 , 02:27 AM
LOL with all these class action lawsuits, how will the rest of us get any of our own money back?
09-14-2011 , 04:22 AM
Quote:
Originally Posted by Orange929
nah, but for real: http://www.youtube.com/watch?v=4Z9WVZddH9w

mite make those of you hit "hard" by this ftp fiasco to think it's for the best. did for me. should absolutely be shown in schools everywhere.
-1

I can't believe you made me watch that BS.
09-14-2011 , 04:36 AM
Quote:
Originally Posted by exoendo
Concerning Todd Terry's lawsuit:

A) how can we get ourselves added as a member of the class
B) How will individuals prove how much they had in fulltilt
C) how long will everything take from start to finish
D) rough estimate on how much we can recoup from suing these guys?
E) Do the lawyers get a bigger cut because they are the ones slugging it out in court or will everything be equal according to bankrolls?
I sat with Todd for a while at the last EPL and asked a bunch of these questions. I'm sure I'll get something wrong but if I do he or someone else can correct me.

A) If you're an american you're already automatically included. If/when there's a judgement I think that's when you have to get your name on the appropriate paperwork.
B) If FTP's own internal records aren't sufficient, this will probably be a huge mess. Screenshots of the cashier or correspondence with FTP that confirms your balance would probably help, but that stuff is pretty easy to doctor.
C) A really long time. Like ten years or more.
D) Potentially all of it. In fact, I think he's seeking damages in excess of the total amount lost. He's going after their personal assets.
E) Ya, the lawyers are working on contingency. I don't know how much. Todd isn't trying the case himself. It is not my impression that his status as a lead plaintiff means he stands to get any larger a percentage of his bankroll than the rest of us.
09-14-2011 , 06:01 AM
I don't see how a class action suit against FTP could go ten years. Either they get the money to pay back the players in which case I'm pretty sure the suit dies or is settled or FTP files bankruptcy and has no money to pay the lawyers to defend the suit. In which case the plaintiffs would win by default but there'd be no money to go after.

It gets interesting if the class action suit lists individual Team Full Tilt members as defendants. If the corporate veil can be pierced it would be devastating news for the individuals named. The lawsuit would likely take many years to litigate and costs to defend such a suit have the potential to run into the millions of dollars.
09-14-2011 , 07:17 AM
Last time there was a FTP hearing, there was tons of buzz, news coverage, people going, etc.

This time around, it's quiet. What gives?
09-14-2011 , 07:25 AM
Quote:
Originally Posted by starvingwriter82
Last time there was a FTP hearing, there was tons of buzz, news coverage, people going, etc.

This time around, it's quiet. What gives?
People have almost run out of rumors/speculation and whining.
09-14-2011 , 07:30 AM
Quote:
Originally Posted by starvingwriter82
Last time there was a FTP hearing, there was tons of buzz, news coverage, people going, etc.

This time around, it's quiet. What gives?
it's like you are meeting a girl at a restaurant for a date. she's supposed to be there at 7:00. the first "hearing" was like 7:30, there's still hope, maybe she will still show up. now it's 1:15 AM, she ain't coming baby
09-14-2011 , 07:38 AM
Quote:
Originally Posted by jhn_lundgren
So it's entirely legally acceptable to deposit money with a processor KNOWING that he is going to transmit the money ILLEGALLY for you?
1.) How exactly would someone depositing KNOW that for a fact?
2.) Why would it matter anyway? The burden of proof that I'm some sort of "accessory" is on the side of law enforcement. Feel free to dig up directly relevant case law if you want to support your argument. Otherwise, I'm not worried.
09-14-2011 , 07:41 AM
Quote:
Originally Posted by wuwut666
Was it ever confirmed that the feds were tipped off by the sites themselves?
I'm not sure what "confirmation" you might want, but there was a whole bunch of discussion about it at the time with no contradictory evidence, and everything that's happened since then is consistent with the accepted version.

And I agree, it was a huge fail by the sites.
09-14-2011 , 07:53 AM
Quote:
Originally Posted by augie_
it's like you are meeting a girl at a restaurant for a date. she's supposed to be there at 7:00. the first "hearing" was like 7:30, there's still hope, maybe she will still show up. now it's 1:15 AM, she ain't coming baby
Quote of the week.
09-14-2011 , 08:47 AM
so u think this is good idea?
http://www.facebook.com/event.php?eid=279917485367119
09-14-2011 , 09:03 AM
Quote:
Originally Posted by Jankone54
It looks very shady.
09-14-2011 , 09:04 AM
Quote:
Originally Posted by 1millionbankroll
if you win or you lose what change? you dont have your money.
So we will try, and i thing yes, is a good idea.
Why company like full tilt poker have to thing we are all stupid?
no comunication for legal problems?lol
DOJ Frozen al bank accounts, in Europe too???? Lol
AGCC Suspend license to protect players? Lol

Just read this, we are not STUPID!
Yeah, you don't sound stupid at all.
09-14-2011 , 09:13 AM
I am less sure it looks shady, and shocked it's not a level. Just looks like a child heard he could sue so he made a facebook group.
09-14-2011 , 09:17 AM
Hopefully it is just a second language thing with the grammar and spelling, otherwise.......

      
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