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DOJ Update on U.S. Full Tilt Poker Remissions
The U.S. Department of Justice gave a rare update on its plan to reimburse U.S. players for their Full Tilt Poker accounts yesterday.
According to the news release, the DOJ is currently evaluating applicants for an independent Claims Administer, who will handle petitions for FTP balances.
The DOJ has been searching for a Claims Administrator since August but yesterday’s update said they plan to have the position filled by January.
It’s the first public statement the DOJ has made on the issue since this summer.
It’s been an excruciating journey for U.S. Full Tilt Poker players. Their account balances have been frozen since Black Friday hit on April 15 of 2011.
This summer PokerStars settled with the DOJ and took the remaining Full Tilt assets. As part of the agreement PokerStars would repay the rest-of-the-world Full Tilt players while the DOJ would handle the United States. U.S. players were hopeful for a quick resolution but that hasn’t been the case.
It got even more frustrating when earlier this month PokerStars successfully re-launched Full Tilt in the rest of the world and gave non-U.S. players access to their balances.
To learn more be sure to take a look at our Black Friday bulletin board.