Interesting rumor – Binion to buy in to Full Tilt? [Update: FT loses gaming license]

[Talking Poker]

A quick summary of the latest news, in case anyone missed it and wonders WTF is going on:

-$443 million total has been distributed to the owners of Full Tilt Poker. Howard Lederer received $41 million, Chris Ferguson $25 million, and Rafe Furst $12 million.
-An unnamed player which is likely to be Phil Ivey received $40 million in distributions and millions in loans including $4.4 million which has yet to be repaid.
-There are 19 owners of Full Tilt Poker, but aside from Lederer, Ferguson, Furst, and Bitar no others are named.
-Full Tilt’s debt to players on March 31st 2011 was $390 million. The total is $300 million today with roughly half owed to US players. Full Tilt only had $60 million in April 2011
-$130 million of deposits from US players were credited to player accounts however were never removed from the players’ bank accounts.
-Preet Bharara, SDNY Attorny General commented, “Full Tilt was not a legitimate poker company, but a global Ponzi scheme”.

The amended civil complaint (for RD's enjoyment):