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Phil Ivey statement RE DOJ....

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  • DOHHHHHHHDOHHHHHHH
    edited June 2011

    In other news....

    Is it true that Chris Ferguson has been porking Clonie Gowan? Or is it just people on twitter on the wind up?
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  • LOL_RAISELOL_RAISE
    edited June 2011
    yeah he seduced her by throwing a playing card through a watermelon whilst line dancing
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  • TommyDTommyD
    edited June 2011
    No way, the dude is far too nitty to bluff that one in.
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In other news.... Is it true that Chris Ferguson has been porking Clonie Gowan? Or is it just people on twitter on the wind up?
    Posted by DOHHHHHHH
    lol you have a way with words JJ

    but the ivey statement means a few things

    1) he clearly has lost all faith in FTP to file a law suit against a company that he is well known to support and allegedly the 3rd largest shareholder within so could be trying to protect the reputation he has within the poker community by filing this law suit by basically saying to everyone hey this has affected me big too.

    2) Knows that US players are not going to be getting paid anytime soon so therefore by not playing any events at all will not face a barage of questions coming at him left right and center from people who would normally be playing but are now railing due to funds locked up. Even if this is the reason still props to him for stating he will not be playing one event in the series that he looks forward to every year to show why he is #1. It also could be for the reason he does say and that it has affected him deeply that all this money is still locked up.

    3) who ever types up his press releases should be fired. PRESS RELEASE

    FOR IMMEDIAYE RELEASE

    May 30, 2011  (taken from his website, which is alleged to be owned by FTP)

    also in other news yesterday/today bank accounts linked to 2 large shareholders within FTP one of those accounts could be iveys and either lederers/fergusons. (another reason why he could of filed this law suit against Tilt to protect what he has, and ruining his rep).

    Also other news James Bord V John Juanda I wonder what all that was about ( allegations say it was to do with FTP) although Negreanu has said that he believes this to be a personal issue between both players.

    Either way got to give props to Phil Ivey for actually coming out and speaking whether it is 6 weeks after the whole fiasco or not at least he is not keeping quiet anymore and actually coming out and saying how he feels about it all. I can see a lot of things happening this World Series a lot that probably won't be good stuff.

    Although overall i think this statement is just Phil Ivey coming out after learning FTP does not have the money to pay back and now just trying to protect his rep by speaking out about it instead of keeping quiet like lederer, ferguson etc etc. I mean Ivey can do a lot of things but get money back from a company who does not have it is impossible
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  • NoseyBonkNoseyBonk
    edited June 2011
    I noticed earlier that Tiltware had made a retaliatory strike

    “Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited -- and has declined -- to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.”



    Exchange ends.
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  • AMYBRAMYBR
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    I noticed earlier that Tiltware had made a retaliatory strike “Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited -- and has declined -- to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.” Exchange ends.
    Posted by NoseyBonk


    OUCH!
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    I noticed earlier that Tiltware had made a retaliatory strike “Contrary to his sanctimonious public statements, Phil Ivey’s meritless lawsuit is about helping just one player – himself. In an effort to further enrich himself at the expense of others, Mr. Ivey appears to have timed his lawsuit to thwart pending deals with several parties that would put money back in players’ pockets. In fact, Mr. Ivey has been invited -- and has declined -- to take actions that could assist the company in these efforts, including paying back a large sum of money he owes the site. Tiltware doubts Mr. Ivey’s frivolous and self-serving lawsuit will ever get to court. But if it does, the company looks forward to presenting facts demonstrating that Mr. Ivey is putting his own narrow financial interests ahead of the players he professes to help.” Exchange ends.
    Posted by NoseyBonk
    yeah i see that last night think its safe to say Ivey done with FTP also the bit that Ivey owes them money is just laughable would love to know what he owes them money for... that statement as a whole from FTP is just LOL they should of just carried on to stay quiet i think most know that they are not working on getting money back to players cause if they were they would of had it back a long time ago when PS started allowing withdrawals what like 1-2 weeks after black friday... FTP are simply just making excuses to drag it out longer
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  • J-HartiganJ-Hartigan
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : yeah i see that last night think its safe to say Ivey done with FTP also the bit that Ivey owes them money is just laughable would love to know what he owes them money for... that statement as a whole from FTP is just LOL they should of just carried on to stay quiet i think most know that they are not working on getting money back to players cause if they were they would of had it back a long time ago when PS started allowing withdrawals what like 1-2 weeks after black friday... FTP are simply just making excuses to drag it out longer
    Posted by delaney09
    Depends if you believe Nick Rainey's claim that FTP pros were often loaned money by the site (in David Benyamine's case, $5m+).

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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : Depends if you believe Nick Rainey's claim that FTP pros were often loaned money by the site (in David Benyamine's case, $5m+).
    Posted by J-Hartigan
    yeah i heard this on QJ im not sure that i do believe it i mean i can believe that maybe P.A and others loaned benyamine money but FTP themselves im not so sure about but guess we will never know...

    but i would of thought if Ivey was going to loan money (to top up online funds) he would just ask durrr gus hansen or even zigmund as i know ivey lent zigmund quite a lot of money over the past... 

    but then again the same claim has been made about pokerstars and viktor Blom in that they put money into his account so that he can continue to play the high stakes...

    but i guess the only people that know the answers are the players that were loaned the money and the sites themselves and i can not see them coming out anytime soon and confirming these allegations to be true.

    I don't think anyone would believe if FTP came out tomorrow though and said yes it is true we loaned benyamine this that and the other i think most would just see this as another way for them to stall
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  • AMYBRAMYBR
    edited June 2011
    It will be interesting to see how the whole thing plays out in the judical system if it gets that far.

    I find it odd that they claim players money return could be facilitated faster if Ivey returns substantial money owing to them.  Any business that relies on money coming in from one individual to right the ship is odd indeed.  The money should be there.  Claiming that if Ivey returns owed money, it would speed up the process is a low blow IMO, designed for PR reasons
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    It will be interesting to see how the whole thing plays out in the judical system if it gets that far. I find it odd that they claim players money return could be facilitated faster if Ivey returns substantial money owing to them.  Any business that relies on money coming in from one individual to right the ship is odd indeed.  The money should be there.  Claiming that if Ivey returns owed money, it would speed up the process is a low blow IMO, designed for PR reasons
    Posted by AMYBR
    that is it... it is clearly obvious that they do not have the money to pay out and simply just looking for reasons to stall the whole process by claiming if ivey did this that and the other players would start to get paid back..... yet would this statement of been made if ivey himself had not made a statement ie FTP outing ivey in regards to owing them money definitely not this is simply just FTP looking for reasons to stall and not look any worse then they already do by passing some if not the majority of the blame onto ivey by claiming they offered him to help pay back he declined.. what do they mean by this what exactly can he do to help pay back other than putting his own money up
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  • unknown_usernameunknown_username
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    It will be interesting to see how the whole thing plays out in the judical system if it gets that far. I find it odd that they claim players money return could be facilitated faster if Ivey returns substantial money owing to them.  Any business that relies on money coming in from one individual to right the ship is odd indeed.  The money should be there.  Claiming that if Ivey returns owed money, it would speed up the process is a low blow IMO, designed for PR reasons
    Posted by AMYBR

    This is going to get very messy. 

    Full Tilt were/are regulated by our friends The Alderney GCC. Those are the people who provide licences based on a number of criteria. One of those criteria is that they ensure protection of customers funds. Still it's good to know that as a result of the DoJ and FBI investigations, the Alderney GCC have announced that they are going to launch their own investigation. We can all sleep soundly in our beds with that news then. They have just published their 2010 accounts and they enjoyed another good year. They might consider updating the RNG certificate for Sky with some of the profits, it was last checked in September 2009.

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  • AMYBRAMYBR
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : that is it... it is clearly obvious that they do not have the money to pay out and simply just looking for reasons to stall the whole process by claiming if ivey did this that and the other players would start to get paid back..... yet would this statement of been made if ivey himself had not made a statement ie FTP outing ivey in regards to owing them money definitely not this is simply just FTP looking for reasons to stall and not look any worse then they already do by passing some if not the majority of the blame onto ivey by claiming they offered him to help pay back he declined.. what do they mean by this what exactly can he do to help pay back other than putting his own money up
    Posted by delaney09
    +1
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : This is going to get very messy.  Full Tilt were/are regulated by our friends The Alderney GCC. Those are the people who provide licences based on a number of criteria. One of those criteria is that they ensure protection of customers funds. Still it's good to know that as a result of the DoJ and FBI investigations, the Alderney GCC are going to launch their own investigation. We can all sleep soundly in our beds with that news then. They have just published their 2010 accounts and they enjoyed another good year. They might consider updating the RNG certificate for Sky with some of the profits, it was last checked in September 2009.
    Posted by elsadog
    do alderney GCC also regulate PS ?? if so their player funds clearly are put into seperate accounts from their business funds or whatever they wish to call it if that is the case i find it so hard to believe that FTP can get away with not having these players fund in seperate accounts and yet supposedly blowing all of players funds on their ridiculously confusing marketing campaigns that clearly arent that much of a success....

     i also read a lawsuit yesterday from back in '09 for someone suing FTP which named all the owners (or at least %age owners of FTP) which clearly listed Phil Ivey, Gus Hansen, Patrik antonius, Mike Matusow (who claims he had the opportunity to have a %age but declined it) Howard Lederer, Chris Ferguson, Ray Bitar, Erik Seidel, allen cunningham, and a few more who i can not remember. But yet if this is all in black and white in another lawsuit why is it only Ray Bitar who has been Indicted and not all of these people, and if that is the case in that Phil Ivey is still based as one of the owners/shareholders within FTP would that not be like suing himself lol? this whole FTP has got way worse then what it should of done if they had simply just gone the right routes about things
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  • unknown_usernameunknown_username
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... :  ?do alderney GCC also regulate PS ? if so their player funds clearly are put into seperate accounts from their business funds or whatever they wish to call it if that is the case i find it so hard to believe that FTP can get away with not having these players fund in seperate accounts and yet supposedly blowing all of players funds on their ridiculously confusing marketing campaigns that clearly arent that much of a success....  i also read a lawsuit yesterday from back in '09 for someone suing FTP which named all the owners (or at least %age owners of FTP) which clearly listed Phil Ivey, Gus Hansen, Patrik antonius, Mike Matusow (who claims he had the opportunity to have a %age but declined it) Howard Lederer, Chris Ferguson, Ray Bitar, Erik Seidel, allen cunningham, and a few more who i can not remember. But yet if this is all in black and white in another lawsuit why is it only Ray Bitar who has been Indicted and not all of these people, and if that is the case in that Phil Ivey is still based as one of the owners/shareholders within FTP would that not be like suing himself lol? this whole FTP has got way worse then what it should of done if they had simply just gone the right routes about things
    Posted by delaney09

    do alderney GCC also regulate PS ?

    No PS are regulated in the Isle of Man.



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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : do alderney GCC also regulate PS ? No PS are regulated in the Isle of Man.
    Posted by elsadog
    ahh right obviously the IOM have stricter policies then the AGCC in that they actually ensure that there are seperate accounts for both player funds and marketing/daytoday business funds where as AGCC dont seem to be paying much attention in regards to FTP that is anyways
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  • AMYBRAMYBR
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : do alderney GCC also regulate PS ?? if so their player funds clearly are put into seperate accounts from their business funds or whatever they wish to call it if that is the case i find it so hard to believe that FTP can get away with not having these players fund in seperate accounts and yet supposedly blowing all of players funds on their ridiculously confusing marketing campaigns that clearly arent that much of a success....  i also read a lawsuit yesterday from back in '09 for someone suing FTP which named all the owners (or at least %age owners of FTP) which clearly listed Phil Ivey, Gus Hansen, Patrik antonius, Mike Matusow (who claims he had the opportunity to have a %age but declined it) Howard Lederer, Chris Ferguson, Ray Bitar, Erik Seidel, allen cunningham, and a few more who i can not remember. But yet if this is all in black and white in another lawsuit why is it only Ray Bitar who has been Indicted and not all of these people, and if that is the case in that Phil Ivey is still based as one of the owners/shareholders within FTP would that not be like suing himself lol? this whole FTP has got way worse then what it should of done if they had simply just gone the right routes about things
    Posted by delaney09

    If you look on pg 1 of this thread I asked the question in relation to what exactly is Ivey's business relationship to FT, as I was aware of the elements mentioned in your post.

    I never goy an answer though and its very hard to source on t'interweb as you put in Ivey/FT the first 20,000 hits are Advert pitches
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : If you look on pg 1 of this thread I asked the question in relation to what exactly is Ivey's business relationship to FT, as I was aware of the elements mentioned in your post. I never goy an answer though and its very hard to source on t'interweb as you put in Ivey/FT the first 20,000 hits are Advert pitches
    Posted by AMYBR
    Ivey is/was a shareholder within FTP as were/are other players that much i do know ( meaning each owned a certain % some owning more than others.. is alleged that ivey was/is the 3rd largest shareholder within ftp after only I can assume Lederer/Ferguson, Lederer/Bitar, Ferguson/Bitar)

     I don't think you will find that sort of information on the internet as i am pretty sure they do not out that sort of information publicly, ie the owners,shareholders etc etc.

     I did however as stated in previous post read in a previous lawsuit from '09 that Ivey along with others back then is still or was a big part of FTP's owners/majority shareholders which by his statement possibly means he is no longer a big part of the company which could suggest he sold the part that he did own to Bitar to make him a majority shareholder and therefore the outright owner of FTP but that is just my 2 pennys worth i could be completely wrong, and probably am.
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  • AMYBRAMYBR
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : Ivey is/was a shareholder within FTP as were/are other players that much i do know ( meaning each owned a certain % some owning more than others.. is alleged that ivey was/is the 3rd largest shareholder within ftp after only I can assume Lederer/Ferguson, Lederer/Bitar, Ferguson/Bitar)  I don't think you will find that sort of information on the internet as i am pretty sure they do not out that sort of information publicly, ie the owners,shareholders etc etc.  I did however as stated in previous post read in a previous lawsuit from '09 that Ivey along with others back then is still or was a big part of FTP's owners/majority shareholders which by his statement possibly means he is no longer a big part of the company which could suggest he sold the part that he did own to Bitar to make him a majority shareholder and therefore the outright owner of FTP but that is just my 2 pennys worth i could be completely wrong, and probably am.
    Posted by delaney09
    Thanks.  I was aware of some of the elements of this.  I always wondered as to elements of conflict of interest with some of the red pros as I've played some pretty large MTT's on FT with many of the people you list as shareholders. 

    Hmm... either way, if it goes to a court of law the exposure/details could be very interesting for all of us.
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  • delaney09delaney09
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : Thanks.  I was aware of some of the elements of this.  I always wondered as to elements of conflict of interest with some of the red pros as I've played some pretty large MTT's on FT with many of the people you list as shareholders.  Hmm... either way, if it goes to a court of law the exposure/details could be very interesting for all of us.
    Posted by AMYBR
     yeah the red pros are very different to Ivey Dwan Hansen Antonius and a few others ( ivey etc are Team Full Tilt ) most of them have some sort of %age within FTP afaik apart from Dwan who i believe is just apart of team full tilt where as the red pro's literally know as much as anyone who has kept up with the whole thing only difference is they represent FTP where as the team full tilt know alot more then they are letting on to know
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  • TommyDTommyD
    edited June 2011
    In Response to Re: Phil Ivey statement RE DOJ....:
    In Response to Re: Phil Ivey statement RE DOJ.... : This is going to get very messy.  Full Tilt were/are regulated by our friends The Alderney GCC. Those are the people who provide licences based on a number of criteria. One of those criteria is that they ensure protection of customers funds. Still it's good to know that as a result of the DoJ and FBI investigations, the Alderney GCC have announced that they are going to launch their own investigation. We can all sleep soundly in our beds with that news then. They have just published their 2010 accounts and they enjoyed another good year. They might consider updating the RNG certificate for Sky with some of the profits, it was last checked in September 2009.
    Posted by elsadog
    Leaving aside the RNG line we've all gone over before and concentrating on the FT issue:

    At risk at defending the site, FT did have in their T & C's that customer funds are held with company funds.  Did Alderney GCC require this to be ring-fenced?  Or is just having the amount at anyone time on the company books meeting their criteria for protection?
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