Full Tilt Poker Update: Warrants, Delays and Statements
In addition to the amended civil complaint filed last week that saw the names of Howard Lederer, Chris Ferguson, and Rafe Furst included in the allegations against Full Tilt, the US Department of Justice (DOJ) issued warrants to have assets seized from these FTP board members.
Jeff Ifrah reemerged last week as well. His public presence began with a plea for players to ask the Alderney Gaming Control Commission (AGCC) to delay revoking Full Tilt’s license. He indicated in multiple interviews, a deal with a group of French investors that would repay players is close to completion, but it would fall apart if the AGCC pulled the plug on Full Tilt.
Full Tilt saw it fit to address the claims by the DOJ that Full Tilt was “global ponzi scheme.” In a statement released today, Full Tilt denied the classification:
While the government has taken issue with the underlying activities of FTP, under any reasonable interpretation, there is no way to characterize the operation of Full Tilt Poker’s virtual online card room as a global Ponzi scheme.