I tried to withdraw on 11/7/09 for $100. when the previous withdraw eventually was recieved, I went for $500. Then for $1000. I was eventually going to go for a $2000 withdraw, and so on.... I was always waiting for a failure or a win before attempting another withdraw. I have always had money in the works as far as a withdrawing goes, from the first request of that initial $100. I have been blessed with a total of $600 since my original, and non stop, 1st withdrawal from FullTilt!

Here is another lawsuit:

http://paidcontent.org/article/419-card-counting-robots-lawsuit-against-tilt-poker-seeks-900-million/

These guys claim they lost $120K on FTP to "card counting robots".  They are looking to get $900M.

http://forumserver.twoplustwo.com/29/news-views-gossip/former-ftp-employee-speaks-swedish-forum-1115961/

This is the most interesting thread  in weeks.



Kash

From pokerfuse.com

French magazine with Tapie Ties Surveys Full Tilt Players

According to multiple player reports, the French Magazine LivePoker has been calling players with money stuck online with Full Tilt, asking them to make a hypothetical choice on how they would like to be repaid – including the option of taking shares in Full Tilt, or a slow release of money over a year.

Poker-Red, the Spanish poker community and news site that first reported the story, states that the French magazine conducting the interviews has links with Full Tilt investor Groupe Bernard Tapie. The owner of the magazine George Djen is also the founder of FullFun Company; FullFun partnered recently with the Bernard Tapie group to set up Tapie’s other poker venture, the International Stadium Poker Tour.

During the phone interview, players were asked to pick from three candidate options on how they would like to receive their funds, noting that the options are “to reduce the amount of money needed to relaunch the business.” The three choices given were:

Buying shares of Full Tilt with part of their funds. Players would be able to sell the shares back to the company at a later date.
Cash out immediately, but with an unspecified penalty.
Cash out the full amount, but released over a period of year.
The surveyor noted that there was a “growing rumor” that Full Tilt could re-open “within weeks,” and asked players if they would play on the poker room again if it were to come back online.

It is unclear why Spanish players have apparently been targeted in the survey, although at the time this story was published, unconfirmed reports were coming in of players from other European countries, including Germany and Belgium, receiving the phone calls as well. Apparently only players with sizable bankrolls stuck on Full Tilt are being called, suggesting the surveyor has access to the FTP player database.

http://www.subjectpoker.com/2011/11/breaking-gbt-doj-deal/

^ Pretty much the best-sounding (and most informative!) "press release" (or equivalent) during this whole FTP mess.






http://forumserver.twoplustwo.com/29/news-views-gossip/ftp-discussion-thread-everything-but-big-new-news-goes-here-cliffs-op-1089355/index800.html#post29603804

My guess is that GBT wanted the DoJ to release some frozen money so they could reimburse all players, but the DoJ wasn't having any of that. I do not think anyone will be prosecuted for playing online poker, but I do think y'all will get all your money back, minus the tax.

Players get their money back, GBT gets to say they're repaying ROW players, DoJ gets to say they're getting back US players' money, everyone wins.

Not really sure about this. A little turned into a lot according to numbers on a computer screen doesnt mean much unless these fantasy numbers can actually be used for everyday monetary expenses. These fantasy gains must be possible to get transfered into real monetary value within a certain reasonable amount of time. OK, obviously I'm no tax consultant but I do have proof to the inaccessabilty to my supposed funds. There has to be something in tax law about the abilty to access funds. Increase in monetary value of anything doesnt happen until it can be realized...

If I get payed $2000 for a remodeling job, the check bounces, and the writer of the check has a heartattack and dies, do I get in trouble for not paying taxes on $2000 even if it was 2 years ago???

You gotta love my pic to the left. actual pic of my dog when trying to give "em a shower.  

"Playing" never was illegal.

If they needed 100% shareholder approval to finalize the sale I'd be worried, but they only need 2/3 approval. I can't imagine that being a problem.

"November 1, 2011"

nothing new since then not on S:P and not on PokerFuse. 

Soooo, in summation:

The DoJ will fall over 300M short of paying off players.  And GBT got FTP for a song.  Yay, justice!

The DOJ only have to pay Americans, not everyone.