Published on October 18th, 2007 11:20 pm EST

the king does not approve of absolute pokerAbsolute Poker, the subject of many allegations and accusations over the past month, have stated tonight that they will be admitting that their system was in fact compromised, and they will be releasing a statement shortly.

According to Pocketfives.com, Absolute Poker contacted them by phone and said that their software was compromised and that they would soon be making an official statement. Absolute Poker has said that they will be announcing a plan to refund all of the players that were affected by this lapse in security.

It is unclear as to whether or not Absolute Poker will say exactly how their system was compromised, or who was behind it. There is a great deal of speculation right now as to exactly who exploited the "363" account. Hopefully Absolute Poker lays it all out on the table, as coming completely clean is the only way that they will be able to even hope to partially restore their tarnished image in the online poker community. There are still many unanswered questions.

Why did their "first investigation" not find anything?

Who was involved in the attempted cover-up?

Who was involved in the initial fraud?

Let's wait and see the statement. Hopefully we get some details instead of a generic statement that will attempt to sweep everything under the rug.

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Filed Under: Poker Scandals

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