About That Unfrozen FTP Account..

Published on June 2nd, 2011 4:11 pm EST

The King is sitting in his chari contemplating the Full TIlt Poker situationLast week, a "Full Tilt source" revealed to eGaming Review Magazine that one of their Irish bank accounts had been unfrozen.

The article opened with this line:

"The United States Department of Justice has unfrozen one Irish account belonging to Full Tilt Poker (FTP) and its co-founder Raymond Bitar, freeing up more than a third of the US$ $100m to $150m still owed to US players."

The validity of this statement was questioned earlier this week after the Department of Justice reportedly denied that they had released any of the funds that they had frozen on "Black Friday". According to Subject: Poker, a representative from the Public Information Office of the US Attorney's Office claimed that any such action would be accompanied by a public filing.

So what's the deal?

Earlier today, the eGaming Review Magazine posted a follow-up to their original story.

According to the article, a Full Tilt Poker corporate account at the Bank of Ireland had been frozen by the bank and not by the Department of Justice. According to the FTP source:

"After Black Friday, the bank took it upon itself to unfreeze the account, and in order to convince them to reopen it we needed to go through the DoJ." The source claimed that the DoJ contacted the Bank of Ireland to help unfreeze the account.

Neither the DoJ nor the Bank of Ireland will confirm the story, so we don't know if it is actually true or not.

Source: EGRMagazine.com - Full Tilt update: FTP insists Irish account unfrozen


Filed Under: Online Poker Rooms

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