Black Friday

April 15. The day the online poker industry was rocked by the Department of Justice's sweeping strike.

Articles in this Series

Dec20

Lederer Settlement Angers Players

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Blowing Steam: Many players are incensed over the settlement DoJ prosecutors agreed to with Howard Lederer.
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Dec20

Howard Lederer Settles Black Friday Civil Lawsuit

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Former Full Tilt Director settles Black Friday complaint with the United States Attorney's Office of the Southern District of New York.
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Nov30

Absolute Poker Players Not Likely to Receive Excess Full Tilt Funds

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AP and UB players shouldn't count on reimbursement from an excess of funds in the Full Tilt remission process.
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Nov29

Rafe Furst Settles Claims in Black Friday Case

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Rafe Furst admits no guilt but agrees to forfeit funds in settling the Black Friday charges levied against him by U.S. Attorneys.
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Nov29

The Fall & Rise of Full Tilt Poker

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An infographic that tells the story of the Full Tilt Saga.
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Nov21

DoJ Says FTP Claims Administrator to be Hired by January

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A Claims Administrator to facilitate payment to U.S. Full Tilt players will be in place by January, the DOJ announced.
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Nov19

"The Howard Lederer Show" as Told by Chad Elie

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Convicted payment processor Chad Elie tells all in an interview, including his time spent with Howard Lederer.
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Nov19

Petition to Ban Howard Lederer Circulates Online

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A petition to ban Howard Lederer from playing poker at Las Vegas casinos is now being circulated throughout the world wide web.
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Nov17

Howard Lederer Seeks Dismissal of Charges

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Howard Lederer seeks to dismiss the civil allegations against him in U.S. v. PokerStars.
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Nov16

Players Petition to Ban Howard Lederer from Aria Poker Room

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Aria poker room regulars are circulating a petition seeking to ban Howard Lederer from playing live poker.
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Nov14

PPA: US Full Tilt Repayment 'Long Way Away'

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The meeting between PPA reps and DoJ officials did not go well for U.S. Full Tilt players hoping to soon be reunited with their funds.
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Nov12

PPA and DoJ Set for Meeting

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News Bite: The Poker Players Alliance and the Department of Justice will meet on Tuesday to discuss the ongoing remission process for US players.
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Nov05

Chad Elie Tweeting Unseen Black Friday Documents

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Convicted Black Friday payment processor Chad Elie has been releasing documents via Twitter.
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Oct15

Lederer's Return to Poker Angers Players

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Howard Lederer has re-entered the poker community, despite the anger of players over the Full Tilt saga.
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Oct04

Payment Processor Given Five Months in Prison

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Chad Elie, who pleaded guilty in March, was sentenced to five months in prison by U.S. District Judge Lewis Kaplan.
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Oct01

Howard Lederer Cancels Interview, Stops Talking

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Howard Lederer canceled a scheduled interview due to stress taking its toll on both him and his family.
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Sep26

Howard Lederer Keeps Talking

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Following his coming out on "The Lederer Files," Howard Lederer has scheduled more interviews on the poker media circuit.
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Sep19

Full Tilt Payment Processor Cops Guilty Plea

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Nelson Burtnick pleads guilty to tricking banks into processing transactions for online poker sites.
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Sep18

Howard Lederer Breaks Silence

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Howard Lederer tells all about the Full Tilt debacle in a candid interview to be released in segments beginning Tuesday, Sept. 18.
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Sep11

New Charges Filed Against Full Tilt Defendants

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The DoJ filed a Second Amended Civil Complaint against the Full Tilt defendants that includes new charges intended to seize assets under forfeiture proceedings.
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Aug31

Poker As Skill Ruling Prompts Full Tilt Defendants To Request Meeting With Judge

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Lederer, Furst and Ferguson hoping to use poker as skill ruling in defense of their case.
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Aug14

Help Wanted At DoJ: Full Tilt Claims Administrator

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DoJ seeking to hire Claims Administrator to facilitate payments to Full Tilt's U.S. players.
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Aug13

PPA in Overdrive on Behalf of Players

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Poker Players Alliance is working overtime on reimbursement of Full Tilt players and urging federal online poker regulations.
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Aug10

PokerStars Pays DoJ $225 Million; Deal Moves Forward

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PokerStars pays DoJ $225 million as part of the first of four payments in the agreement to acquire the assets of Full Tilt Poker.
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Aug06

Black Friday Saved Full Tilt Players

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Without the Black Friday indictments, players at Full Tilt may not have ever been reimbursed.
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Aug03

DOJ Uncomfortable Paying Poker Winnings?

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U.S. Department of Justice may take issue with reimbursing Full Tilt players their entire account balances.
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Aug01

PPA Reaction To PokerStars/DOJ/Full Tilt Deal

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PPA is ecstatic over PokerStars/DoJ/Full Tilt deal that will reimburse players, but still urges Congress to enact legislation allowing Americans to play online poker in a regulated environment.
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Aug01

Ray Bitar Officially Says Goodbye To Full Tilt

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Full Tilt's Ray Bitar issues statement bidding farewell to the company he founded.
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Jul31

PokerStars Acquires Full Tilt Poker assets

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Pokerstars acquires FTP in a $731m deal which will see outstanding player balances returned!
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Jul30

Full Tilt Sale To PokerStars Rumors Heat Up Again

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Rumors are again circulating that the sale of Full Tilt to PokerStars is a sure thing.
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Jul27

Judge Doles Out Stiff Sentence To Black Friday Payment Processor Ira Rubin

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Payment processor Ira Rubin sentenced to three years behind bars with the judge convinced that his life of crime is far from over.
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Jul24

Absolute Poker VP Dealt 14 Months Behind Bars

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Brent Beckley, an Absolute Poker vice president, received 14 months in prison after admitting to illegally processing payments between banks and the online poker site.
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Jul18

Civil Charges Against Bitar On Hold While Criminal Charges Go Forward

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Full Tilt's Ray Bitar will answer the criminal charges against him while the civil proceedings are put on hold.
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Jul13

Pokerstars Offer to Buy FTP Rumoured to be 'Bluff'

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Former Party Legal Counsel claims Pokerstars FTP takeover is a clever 'Bluff'
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Jul11

Full Tilt Board Members Seek Dismissal of Black Friday Charges

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Full Tilt board members Rafe Furst, Howard Lederer and Chris Ferguson file motions to dismiss the Black Friday allegations.
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Jul10

Ray Bitar Posts Bail; Granted Release From Jail

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Ray Bitar posts bond and is granted his release from custody after seven days behind bars.
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Jul08

Prosecutors Appeal Bail To Keep Bitar Locked Up

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Prosecutors file a motion for pretrial detention in an effort to keep Ray Bitar incarcerated until trial.
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Jul04

Ray Bitar Pleads Not Guilty; $2.5 Million Bail Set

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Full Tilt CEO Ray Bitar pleads not guilty at arraignment and hints toward imminent takeover of Full Tilt by PokerStars.
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Jul03

Full Tilt's Ray Bitar Surrenders To Feds

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Ray Bitar surrenders to federal authorities in U.S. and faces a maximum of 145 years in prison in a superseding indictment.
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May15

Full Tilt Player Reimbursement Scheme To Be Announced At End Of May

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An announcement regarding the reimbursement of player funds, as well as the acquisition negotiations between PokerStars, Full Tilt and the DOJ, is expected at the end of May.
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May02

Tapie Planning New Online Poker Site

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Laurent Tapie sends an email to Pocket Kings' employees asking them to sign on with him in launching a new online poker site.
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May02

Tapie to create new, independent poker site?

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Tapie E-mail reveals audacious plans to recruit key FTP employees to build and operate new market player.
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May01

Tapie Shafted In Full Tilt Purchase?

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Did Group Bernard Tapie get played by the DOJ in Full Tilt acquisition negotiations?
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Apr26

Ironic Howard Lederer on 'Business Ethics' Video

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In astonishingly ironic fashion, Howard Lederer talks about honesty and ethics in this newly emerged video.
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Apr24

Pokerstars purchase Full Tilt Poker

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Unofficial widespread reports state that Pokerstars have completed the takeover of FTP for $750m.
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Apr24

Black Friday Snitch Seen In New York

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Daniel Tzvetkoff, the payment processor responsible for the Black Friday allegations that forever changed online poker , was seen on a New York City street.
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Apr20

Campos' Plea Deal Accepted By Judge

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Judge signs order accepting plea agreement of guilt to a lone misdemeanor charge for Black Friday payment processor John Campos.
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Apr15

One Year Since Black Friday and Still No Cash

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The one-year anniversary of Black Friday is here and players from Full Tilt, Absolute Poker and Ultimate Bet have yet to be paid.
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Apr13

Howard Lederer and Chris Ferguson Face New Class Action Lawsuit

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Full Tilt Directors are named in a new class action civil lawsuit filed in Nevada District Court.
Read full Article ...
Apr10

PPA Marks Black Friday Anniversary With New Campaign

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Poker Players Alliance launches new campaign entitled "The Players Will Never Fold" to mark Black Friday's one-year anniversary.
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Mar28

Campos and Elie Enter Guilty Plea Deal for Black Friday Charges

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Despite a highly anticipated trial set for April 9th, both men have just reached plea agreements in their respective cases and will avoid a day in court.
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Mar22

Daniel Tzvetkoff to testify in Black Friday case

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Daniel Tzvetkoff, a man whose fall from grace was quite spectacular, is set to testify in court against those indicted on Black Friday.
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Mar15

FTP Takeover Deal Nearing Completion?

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Sources suggest completion of deal by the end of next week.
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Mar08

New Interests In Full Tilt Acquisition?

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Poker operators and private equity firm rumored to attempt deal should GBT takeover fail.
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Mar07

Bitar Gives Little Away

Former Full Tilt boss makes an appearance to offer public apology but reveals next to nothing about events behind the scenes.
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Mar05

Lindgren: Unpaid Fantasy Draft Debts

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Former Full-Tilt Pro accused of not settling bets by TwoPlusTwo thread.
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Feb10

Elie/Campos Motions Of Dimiss Denied By Judge

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Alleged payment processors still to stand trial in April.
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Feb09

Juanda/Dwan - Big Figures But Working With GBT

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Possibility of some Full Tilt Pros helping GBT over player debts.
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Feb08

GBT Lawyer Says Matusow Owes $700k

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GBT's attorney gives full amount owed by Matusow, who states otherwise.
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Feb03

Full Tilt - Spoke Too Soon?

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Another setback could possibly put the deal on hold.
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Feb02

News Bite - Full Tilt Poker - March 1st?

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A deal has been agreed by Full Tilt and the DOJ, with a possible relaunch date included.
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Jan26

Chris Ferguson Possible Reason For Full Tilt Delay

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Chris Ferguson has been named as the reason for the delays on the Full Tilt takeover.
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Jan19

Rubin Pleads Guilty To Charges On "Black Friday"

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Ira Rubin accepts charges of money laundering, bank and wire fraud and gambling offences.
Read full Article ...
Dec18

Group Bernard Tapie Last Minute Spanish Licence Application

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Group Bernard Tapie submitted an application for a Spanish licence just hours before the midnight deadline that passed a few days ago.
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Dec01

Indicted Sites Receive Further Extension

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The US Attorney for the Southern District of New York has given Full Tilt, PokerStars and Absolute Poker until January 2, 2012 to respond to the amended civil complaint issued on September 20.
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Nov17

GBT Signs Agreement with DOJ

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The Department of Justice has signed an agreement with Groupe Bernard Tapie taking the latter one step closer to completing its acquisition of Full Tilt Poker.
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Nov15

Full Tilt Files Claims for Player Funds

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Full Tilt and associated companies have filed claims for close to $100 million in player funds.
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Nov14

News Bite: Full Tilt Execs Sign Waivers of Service

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Bitar, Ferguson, Lederer and Furst will not have to appear in court to acknowledge the complaints against them.
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Nov07

Regulators Close SunFirst Bank

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SunFirst Bank, whose former vice chairman John Campos was indicted on Black Friday, has been shut down by Utah regulators almost seven months after the April 15 indictments.
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Nov05

US Department of Justice Responds to Campos and Elie

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The US Department of Justice has filed its response to the pre-trial motions to dismiss by John Campos and Chad Elie.
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Nov03

News Bite: Indicted Sites Receive Further Extension

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Full Tilt, PokerStars and Absolute Poker have until the end of November to respond to the amended civil complaint issued on September 20.
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Nov02

News Bite: Tapie Expects Final Agreement in 15 Days

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A final agreement between Groupe Bernard Tapie and the Department of Justice is expected to be signed "within 15 days," according to Laurent Tapie.
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Nov01

Tapies Reach Agreement with DOJ

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The US Department of Justice and Groupe Bernard Tapie have reached an agreement that allows for the repayment of players worldwide.
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Oct27

News Bite: US Gov Waives Filing Time Limits for Swiss Accounts

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The US government will "waive all filing time limits" on the claim of assets from bank accounts seized in Switzerland, according to a letter by US Attorney Rod J. Rosenstein.
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Oct24

News Bite: Pocket Kings Axes 180 Jobs

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According to sources close to the company, Pocket Kings has laid off at least 180 employees in Dublin.
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Oct21

Another Class Action Suit

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Lary Kennedy and Greg Omotoy have filed a class action lawsuit against Full Tilt, its board members, pros and lawyers.
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Oct20

News Bite: AGCC Makes Correction

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The AGCC has corrected a prior statement pertaining to funds seized by the Department of Justice.
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Oct14

Another $2 million Seized

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The US government has seized $2 million in funds believed to be tied to the Black Friday and Blue Monday indictments.
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Oct12

$20 Million Seized in Swiss Accounts

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More than 18 million Swiss francs (approximately $20 million) was seized by the courts of Geneva on September 26, reports La Tribune de Genève.
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Oct09

Tzvetkoff is Feds' Star Witness

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Daniel Tzvetkoff will be called on by the Feds to testify against PokerStars, Full Tilt and Absolute Poker.
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Oct05

Cardroom International and Others File Claims

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Cardroom International and the Commonwealth of Kentucky filed asset claims on September 30.
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Oct04

Full Tilt Financing May Involve Player Investment

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The acquisition of Full Tilt by Groupe Bernard Tapie could involve offering equity stakes to customers with the largest balances online.
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Oct04

News Bite: AGCC Distances Itself from Full Tilt

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The Alderney Gaming Control Commission (AGCC) has released a statement further distancing itself from Full Tilt.
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Oct03

Campos and Elie File Motions to Dismiss

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John Campos and Chad Elie have filed motions to dismiss the civil complaints against them.
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Oct03

News Bite: Indicted Sites Must Respond by Month's End

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Full Tilt, PokerStars and Absolute Poker have been given until October 31 to respond to the amended civil complaint.
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Oct02

Bernard Tapie Seeks Small Stake

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Bernard Tapie says that if a deal is completed, he only expects to retain a 5-10% stake in Full Tilt.
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Oct01

News Bite: Another Class Action Suit

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Merchant Law Group of Canada has filed a class action lawsuit against Full Tilt.
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Sep30

Laurent Tapie Speaks Up

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Laurent Tapie speaks to iGaming France in his first interview since announcing an acquisition agreement with Full Tilt.
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Sep30

Full Tilt Signs Acquisition Agreement

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Groupe Bernard Tapie has signed an exclusive agreement to acquire Full Tilt and all of its associated assets.
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Sep30

News Bite: Bitar Files Claim

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Ray Bitar has filed a claim against seized assets
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Sep29

Full Tilt Licenses Revoked

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The Alderney Gambling Control Commission (AGCC) announced today that Full Tilt’s operating licenses have been revoked.
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Sep29

DOJ Releases Statement

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The United States Attorney’s Office for the Southern District of New York has released a statement regarding Full Tilt.
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Sep29

Another Full Tilt Statement

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Full Tilt releases another feeble statement.
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Sep27

Full Tilt: We're No Ponzi Scheme

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Full Tilt has issued a new statement denying recent Ponzi Scheme allegations.
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Sep26

Full Tilt Deal Close

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Full Tilt is finally close to securing financing.
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Sep23

Packing to Play

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With no other viable alternatives after Black Friday, a small, dedicated few have packed up to play.
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Sep23

Feds Issue Warrants

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Warrants have been issued to seize assets.
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Sep23

PPA Advises Players

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The Poker Players Alliance (PPA) has encouraged players to contact the Victim/Witness Coordinator at the U.S. Attorney’s office.
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Sep22

Financing Before Licensing

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The AGCC has yet to make an announcement following its regulatory hearing with Full Tilt.
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Sep22

News Bite: FT Signs Letter of Intent

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Full Tilt has signed a letter of intent regarding a potential investment with an unnamed group from the gambling industry.
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Sep20

US Attorney Labels FT 'Ponzi Scheme'

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Manhattan’s U.S. Attorney Preet Bharara said today that Full Tilt and its board of directors operated “as a massive Ponzi scheme against its own players.”
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Sep14

Another Full Tilt Statement

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Full Tilt has released another detailed statement.
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Sep09

Another Full Tilt Lawsuit

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Full Tilt is hit with a third class action lawsuit.
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Sep05

News Bite: US Gov Frees PokerStars Funds

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The US Attorney for the Southern District of New York announced that it has released money from a frozen PokerStars account.
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Sep02

FT Lawyers Bail

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Ifrah Law PLLC has filed a motion seeking to withdraw as defense counsel in the class-action lawsuit brought against Full Tilt on June 30.
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Aug30

Full Tilt Releases Statement

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Full Tilt releases a detailed statement explaining why it has been unable to pay back players.
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Aug23

Full Tilt Issues Statement

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Full Tilt has announced that it is seeking other investors, while management apologises for its lack of communication.
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Aug22

Pocket Kings CMO Resigns

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Lothar Rentschler has announced his resignation.
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Aug17

FT Faces New Class Action Suit

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A new class action lawsuit has been brought against Full Tilt.
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Aug03

PocketFives Suspends Advertising for US Sites

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PocketFives.com, one of the largest poker forums on the internet, pulls advertising.
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Jul22

Phil Gordon Cleared in Full Tilt Lawsuit

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Phil Gordon was cleared of any wrongdoing regarding his involvement in Full Tilt Poker today.
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Jul14

Deadline To Seize Frozen Bankrolls Looms

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The deadline to regain assets lost on Black Friday is tomorrow.
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Jul01

Full Tilt to be Purchased by European Investors

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Full Tilt may have found buyers to shore up the site.
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Jun29

AGCC Announces Suspension of Full Tilt Poker

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The AGCC announced the suspension of Full Tilt Poker's license this morning.
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Jun11

Black Friday Indictments Cause Tension

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Phil Ivey and Mike Matusow clash over Ivey's lawsuit.
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Jun09

Rubin Denied Bail

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Ira Rubin was denied bail today.
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Jun08

Suspect in Black Friday Indictments Detained

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Ira Rubin, a U.S. citizen accused of helping online poker companies circumvent U.S. laws prohibiting the processing of gambling payments, was detained Wednesday.
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Jun03

Black Friday and Beyond

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The timing of the Department of Justice’s strike rocked an industry caught off-guard, though the sweeping shutdown may finally pave the way for open regulation.
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