infamous poker professional and persona non grata Chris Ferguson — co-founder and former director of Full Tilt Poker — has posted what looks to be a hostage-style apology video for his function within the hobbies that surrounded on-line poker’s Black Friday on April 15, 2011.
the previous World collection of Poker main adventure Champion posted a 42-second video to his Vimeo record on Wednesday, addressed to the poker neighborhood he referred to he “loves and were part of for a very long time.”
but the consensus among the many American poker neighborhood turned into that it turned into disingenuous, too brief, study in a monotone voice from an obvious cue card, and seven years too late. It also didn’t actually tell anyone anything else they didn’t already comprehend. Don’t hold our observe for it: the video is posted beneath.
how it Went Down
On April 15, 2011, the USA branch of Justice seized the three market-main on-line poker websites — Full Tilt, PokerStars and the Cereus community — for violation of the unlawful web playing Enforcement Act UIGEA and the 1961 Wire Act.
almost immediately after, it emerged that Full Tilt had didn’t separate player dollars from company working funds, which meant when the feds iced over up and took over the sites, there was no money to pay avid gamers.
the us legal professional for the Southern District of big apple, Preet Bharara, described Full Tilt as a “Ponzi scheme” that allowed the management of the business and different half-house owners to pay themselves $444 million, while not ever safeguarding their shoppers’ cash. He in consequence spearheaded a couple of essential prosecutions in the case.
another time, With Any Feeling
some of the first to answer to Ferguson’s flatlined deposition changed into fellow poker celebrity Daniel Negreanu. never a fan, his reaction become below fantastic.
“It took all this time for Chris Ferguson to get a hold of THIS apology?” he asked incredulously on Twitter. “So heartfelt. Had me in tears,” he snipped. “My prediction: this doesn’t really help his trigger. reasonably the contrary.”
Negreanu was correct. widely wide-spread response ranged from scorn to frustration. If Ferguson “hopes the account of Full Tilt will one day be told,” why doesn’t he just tell it, if he has nothing to disguise, many asked.
Ferguson apologizes for “failing to stop Black Friday from going on” however no longer for being a part of a board of directors that “lined their personal pockets with dollars picked from the pockets of their most loyal shoppers whereas blithely lying to both gamers and the public alike about the safety and safety of the money deposited,” in the phrases of the DOJ.
Ferguson’s attorney argued that mismanagement — now not malice — changed into at play in the give way of Full Tilt, yet the un-heartfelt delivery doesn’t say sorry for any of that. as a substitute, he highlights his “relentless” work to be sure gamers received paid.
however avid gamers have been paid, not via Ferguson, but with the aid of FullTilt’s rival PokerStars. That become accomplished by the use of a voluntary contract of $731 million paid to the DOJ, which allowed Stars to acquire Full Tilt’s assets. as far as we comprehend, Ferguson had nothing to do with this method.
Love him or hate him, that you may’t lift away from agen piala dunia his success on the felt: Ferguson has accrued simply beneath $9 million in are living tournament wins right through his existence. however he’ll possible be derided once more when he returns to the Rio in Las Vegas for the world collection of Poker, which kicks off subsequent week.