This article appears to explain why Fulltilt has so many issues- iPokerVIP » Full Tilt Releases Statement
I heard this months ago and the big worry is some forums(could be rumors) are saying the government has already spent it.
I had also read before black friday that Fulltilt, Pokerstars etc had been ripped off millions by payment processors.
I would've thought you would not use a payment processor if they aren't processing payments, why did the sites let it run into tens of millions dollars?
Why did pokerstars money not get seized? Or did they have enough to cover it?
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