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What happened to full tilt poker owners
What happened to full tilt poker owners












what happened to full tilt poker owners

These differences, along with the public comments (or lack thereof) following Black Friday, have led to the court of poker public opinion seemingly being more accepting of Ferguson’s return than Lederer’s.

what happened to full tilt poker owners

In the end, the settlement agreements paint the picture that Ferguson and Lederer had different levels of culpability (at least in the eyes of the government) when it comes to their role in the demise of Full Tilt Poker, as well as how they tried to deal with it.

  • Ferguson was cited in the settlement agreement as having forgave $14 million in dividends owed, which were supposed to go towards player payments.
  • Both men forfeited a substantial amount of funds, but only Lederer paid an additional civil money laundering penalty of $1.25 million.
  • online poker and gambling was far more restrictive than Ferguson’s. But, despite a lot of similarities, when you contrast the settlement agreements of Lederer and Ferguson there are several notable differences. government in the aftermath of Black Friday. The government also seemed to believe there was some daylight between the two men in terms of their roles in the FTP debacle.įerguson - along with Lederer, Rafe Furst, and Ray Bitar - reached a settlement agreement with the U.S. Settlement agreements add to the level of outrage In that chat, “The Professor” turned into the absent-minded professor when trying to recall certain details. Most notably, there was the cringe-worthy performance of Lederer in his lengthy sit down interviewwith ’s Matthew Parvis. Lederer’s return will definitely be more salacious, considering Ferguson fell off the map following Black Friday, while Lederer (along with former Full Tilt CEO Ray Bitar) tried to do damage control and became the face of the poker world’s anger. Still, judging by the tepid response Ferguson’s return garnered, Lederer could very well follow suit at some point this summer, and deal with whatever amount of criticism comes his way. Neither is in the ninth level with Russ Hamilton, but by and large the poker community sees Lederer as the bigger sinner of the two. The likely reason for the apathetic response to Ferguson is the poker community’s decision to place the two men in different levels of hell.

    what happened to full tilt poker owners

    His return seems to have caught the poker world off guard, as the disgraced former Full Tilt owner was treated more as an object of curiosity than a returned exile and object of scorn. Many in the poker world saw as a preemptive move by Lederer to try to smooth things over and pave the way for a return to the WSOP this year.īut before Lederer even had a chance to show his face at the WSOP, it was Ferguson, the 2000 main event champion and former Full Tilt Poker owner, who turned up at the Rio.įerguson and his trademark look - complete with cowboy hat, long hair and beard - showed up for the $10,000 Seven Card Stud Championship without any foreshadowing and sans apology. In the run-up to the WSOP, Howard Lederer issued an apology statement to the poker community. But stealing the show was the return of Chris Ferguson to the WSOP for the first time since 2010.įerguson wasn’t in a chatty mood, telling PokerNews three times, “I’m just here to play poker,” when they questioned the five-time WSOP bracelet winner about his return.įerguson may not have wanted to discuss his return, the poker community certainly did, as social media lit up, as did the 2+2 forums.

    what happened to full tilt poker owners

    Colossus II, developments (see below), and grumblings of controversies (Top Up Turbo satellites and Allen Kessler-unapproved structures).

    What happened to full tilt poker owners series#

    The first week of the 2016 World Series of Poker had its fair share of big stories.














    What happened to full tilt poker owners