Official April Lavigne MSNL **** Thread EveryoneWins100kMonth++ Thread - Page 24 - Micro Stakes Pot Limit and No Limit

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Official April Lavigne MSNL **** Thread EveryoneWins100kMonth++ Thread

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04-15-2011 , 07:02 PM

#576

sinner

veteran

Join Date: Dec 2008 Posts: 2,929

Quote:

Originally Posted by the_main

any reason you say that sinner?

everyone i know is freaking out

there have been a lot of scares with UIGEA, payment processor problems (multiple times), other stuff in the news, and now this.. i just generally trust ftp and stars to get me my money (they want to keep the market open to USA even more than we do)

every time people freak out and its never as bad as u think its gonna be

lots o people could have trouble getting money, but i'm just not that worried

04-15-2011 , 07:10 PM

#577

tozzy

veteran

Join Date: Nov 2006 Posts: 3,417

after being unable to even access the withdrawal page (cause it uses ftp.com, which is seized), i got onto it with my backup stick (DNS-server not yet updated) and cashed out a good portion of my BR to moneybookers, which, unlike everytime else wasnt processed, instantly.

should I try to cancel or just hope for the best? also, im not in the US

Last edited by tozzy; 04-15-2011 at 07:16 PM.

04-15-2011 , 07:18 PM

#578

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

Quote:

Originally Posted by sinner

I dunno, the US government is seeking 1.5b and 1b from stars and tilt respectively. Most if not all of their assets are currently frozen. I've been thinking about it and assuming they lose, they'll be forced into bankruptcy and players will be treated just like any other creditor. Some judge somewhere will decides who gets what (if there's even anything left) and assuming you're gonna get 100 cents on the dollar is extremely optimistic.

04-15-2011 , 07:20 PM

#579

sinner

veteran

Join Date: Dec 2008 Posts: 2,929

http://www.collegehumor.com/video/64...ic-guitar-song

04-15-2011 , 07:22 PM

#580

sinner

veteran

Join Date: Dec 2008 Posts: 2,929

Quote:

Originally Posted by PenelopeCruz

damn i didnt know that. can u link to where gov is asking for that $? but ftp and stars keep money offshore right? so doesnt that provide a bit of protection?

04-15-2011 , 07:27 PM

#581

theplux

Pooh-Bah

Join Date: Dec 2006 Posts: 3,506

Quote:

Originally Posted by tozzy

backup stick=?

04-15-2011 , 07:36 PM

#582

tozzy

veteran

Join Date: Nov 2006 Posts: 3,417

3g usb-stick modem thingy

04-15-2011 , 07:36 PM

#583

AcTiOnJaCsOn

Carpal \'Tunnel

Join Date: Feb 2007 Posts: 24,774

Spoiler:

04-15-2011 , 07:41 PM

#584

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

Quote:

Originally Posted by sinner

damn i didnt know that. can u link to where gov is asking for that $? but ftp and stars keep money offshore right? so doesnt that provide a bit of protection?

here's the full indictment... it's in there forget what page. As far as what money is offshore/not currently frozen i obv don't know but I think it's highly likely that they are both done as companies and will cease to exist. I don't think they're gonna be charitable and pay players out of the goodness of their hearts with money the government has no control over if there even is any.

https://docs.google.com/viewer?a=v&p...thkey=CJ6Jmu0C

04-15-2011 , 07:54 PM

#585

Syous

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 6,907

So now that we're jobless, a few of us who used to play counter-strike are starting up a team on esportsea.com

If you have recent cal experience and you want to get back into 1.6 for some good ol' competitive cs shoot a pm

if we have enough, we should just make multiple teams!

Noobs will be punted off the team. There is prize money and every bb counts!

04-15-2011 , 08:02 PM

#586

theplux

Pooh-Bah

Join Date: Dec 2006 Posts: 3,506

lol im in syous, pm

04-15-2011 , 08:02 PM

#587

AK87

Pooh-Bah

Join Date: Mar 2006 Posts: 4,026

Quote:

Originally Posted by PenelopeCruz

This is my primary concern but doesn't the government have control of all the money? So in the end it will be up to them to decide what to do with it?

04-15-2011 , 08:19 PM

#588

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

a judge will decide in bankruptcy court assuming it comes to that

04-15-2011 , 10:04 PM

#589

LucidDream

Carpal \'Tunnel

Join Date: Sep 2006 Posts: 10,714

Quote:

Originally Posted by AK87

This is my primary concern but doesn't the government have control of all the money? So in the end it will be up to them to decide what to do with it?

my guess would be the have control of a very small % of it. the banks they seized funds from were all in the US and the people arrested were payment processors.

if FTP and Stars were keeping all their money in US banks rather than in various banks around the world i would be completely shocked. i would think they prob have like 95-98% of all their money in various banks that the US govt cant touch.

idk how the whole court case will play out since i would doubt any of the guys that werent picked up in the US will be turning themselves in.

04-15-2011 , 10:09 PM

#590

KJM

grinder

Join Date: May 2007 Posts: 469

Quote:

Originally Posted by LucidDream

my guess would be the have control of a very small % of it. the banks they seized funds from were all in the US and the people arrested were payment processors.
.

"The indictment and civil lawsuit seek at least $3 billion in money laundering penalties and forfeiture from the defendants. The federal court issued a restraining order on about 76 bank accounts in 14 countries and seized five Internet domain names allegedly used for operating the illegal games. "

http://news.cnet.com/8301-13578_3-20054433-38.html

04-15-2011 , 10:13 PM

#591

foxfox1

adept

Join Date: Jan 2005 Posts: 868

for those that were around during UIGEA, this same thing happened with neteller and the money was seized and after 3-5 months, everybody got it back.

04-15-2011 , 10:15 PM

#592

LucidDream

Carpal \'Tunnel

Join Date: Sep 2006 Posts: 10,714

Quote:

Originally Posted by KJM

seems pretty sloppy of these sites to have any kind of bulk of their money in accounts where the US govt could easily seize it but maybe they did. the US govt running a legal extortion case, cool stuff.

04-15-2011 , 10:30 PM

#593

Jeffmet3

veteran

Join Date: May 2006 Posts: 3,349

Quote:

Originally Posted by foxfox1

for those that were around during UIGEA, this same thing happened with neteller and the money was seized and after 3-5 months, everybody got it back.

that's my hope, I'm trying to be optimistic. really annoyed that I had a wire transfer processed yesterday though. that money looks like it's more likely to be gone i guess. just hope things work out okay, feel really stupid for leaving so much on there

04-15-2011 , 10:42 PM

#594

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

Quote:

Originally Posted by foxfox1

for those that were around during UIGEA, this same thing happened with neteller and the money was seized and after 3-5 months, everybody got it back.

this situation is pretty different though, but apparently players funds are kept in RBS which has not been effected so that's a shining light on all of this i suppose.

04-16-2011 , 02:01 AM

#595

SkeetyMcdoogle

Carpal \'Tunnel

Join Date: Nov 2006 Posts: 6,201

the new fb picture:

RIP poker career, hello pro SMB3

04-16-2011 , 02:02 AM

#596

hockeyhero31

veteran

Join Date: Jun 2007 Posts: 3,133

Quote:

Originally Posted by SkeetyMcdoogle

the new fb picture:

RIP poker career, hello pro SMB3

hahaha nice pic. how do u have an original nintendo that still works?

04-16-2011 , 02:03 AM

#597

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

lolol A+

04-16-2011 , 02:12 AM

#598

cheet

veteran

Join Date: Jan 2006 Posts: 2,498

whats rbs

04-16-2011 , 02:12 AM

#599

cheet

veteran

Join Date: Jan 2006 Posts: 2,498

Quote:

Originally Posted by SkeetyMcdoogle

the new fb picture:

RIP poker career, hello pro SMB3

lol sick setup

04-16-2011 , 02:14 AM

#600

PenelopeCruz

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 9,365

Quote:

Originally Posted by cheet

whats rbs

The Royal Bank of Scotland

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