Over 1,000 days. That’s how many days it’s been since Black Friday descended upon American poker players. A lot has happened since that fateful April 15, 2011 but after years of waiting, waiting, and even more waiting, players who had their funds confiscated on Full Tilt Poker will be returned to their FTP accounts.
Better late than never, even if it ‘late’ was years overdue.
The Garden City Group has announced that the first round of payments for those frozen Full Tilt Poker accounts has been scheduled for February 28, which is this Friday. Players whose bank accounts have passed the preliminary testing process and have been approved for payment have probably received email notices by now, informing them that their “Petition for Remission has been approved” and are now entitled to receive the funds they lost in connection with the events of Black Friday.
It’s a welcome relief for a lot of poker players who thought they’d never live to see this day come. The email also contained the amount that they’re scheduled to receive, which will be paid “electronically via ACH to the bank account” that was specified in each player’s petition.
News of those lost funds finally finding their way back to the players have been met with overjoyed reactions across the social media board. If we had money tied up that long with the uncertainty of ever seeing it again, we’d be psyched to find out that we’re getting our money back.
Some people might still be peeved at not being able to use that money for such a long time, but at least they get to see it back, which is more than what a lot of people hoped for at the height of the Black Friday controversy.
So even if it took longer than a lot of people would’ve hoped, those players who lost their funds can take comfort knowing that the money’s coming back to their hands.
All’s well that ends well, right?