DOJ Offers Glimpse of Payback Timeline for FTP Hostages

by , Nov 20, 2012 | 3:25 pm

When it comes to federal relief efforts, the fate of America’s online poker money supply surely doesn’t rise to the level of import seen with Superstorm Sandy … but we are all victims (well you are, not me) … and accordingly the DOJ has responded to poker player beefs about Full Tilt monies in limbo

November 20, 2012—Victim Update. The United States Attorney’s Office for the Southern District of New York is evaluating applicants for the position of Claims Administrator to handle petitions for remission for U.S. victims of the alleged fraud that Full Tilt Poker committed relating to player funds. The United States Attorney’s Office expects that the Claims Administrator will be selected and begin work in January 2013.

Of course now that we can see everything about the remission process will be “by the book,” we know it will all be handled, er … by the book … which, frankly, may or may not lead to negative results for many of you (not me).

But we’ll see. Surely the DOJ understands how good it would be (for soooo many people!) if everyone could get paid back in time for the 2013 WSOP.

One Comment to “DOJ Offers Glimpse of Payback Timeline for FTP Hostages”

  1. Gambler Dan

    I am barely knowledgeable about this, but I read that players must prove where their deposit money came from. Yes? What else is an issue here? Making sure everyone pays taxes on winnings?