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“My prediction: this doesn’t actually help his cause. “It took all this time for Chris Ferguson to come up with THIS apology?” he asked incredulously on Twitter. Never a fan, his reaction was less than surprising. One of the first to respond to Ferguson’s flatlined deposition was fellow poker superstar Daniel Negreanu. He subsequently spearheaded several major prosecutions in the case.
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The US Attorney for the Southern District of New York, Preet Bharara, described Full Tilt as a “Ponzi scheme” that allowed the management of the company and other part-owners to pay themselves $444 million, while never safeguarding their customers’ funds. Shortly after, it emerged that Full Tilt had failed to separate player funds from company operating funds, which meant when the feds froze up and took over the sites, there was no money to pay players. On April 15, 2011, the US Department of Justice seized the three market-leading online poker sites - Full Tilt, PokerStars and the Cereus Network - for violation of the Unlawful Internet Gambling Enforcement Act (UIGEA) and the 1961 Wire Act.
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Don’t take our word for it: the video is posted below. It also didn’t really tell anybody anything they didn’t already know. The former World Series of Poker Main Event Champion posted a 42-second video to his Vimeo account on Wednesday, addressed to the poker community he said he “loves and have been part of for a long time.”īut the consensus among the American poker community was that it was disingenuous, too short, read in a monotone voice from an obvious cue card, and seven years too late.
![full tilt poker chris ferguson full tilt poker chris ferguson](https://vz.cnwimg.com/thumb-1200x/wp-content/uploads/2010/05/Chris-Ferguson-e1491617080147.jpg)
Now one of the most hated men in poker, why Chris Ferguson decided to post a really bad apology video after seven years is the mystery no one can fathom.
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Notorious poker pro and persona non grata Chris Ferguson - co-founder and former director of Full Tilt Poker - has posted what appears to be a hostage-style apology video for his role in the events that surrounded online poker’s Black Friday on April 15, 2011.