Full Tilt Poker's gaming license revoked by Alderney
"At a hearing held in London over six days, it emerged that FTP had fundamentally misled AGCC about their operational integrity by continuously reporting as liquid funds balances that had been covertly seized or restrained by U.S. authorities, or that were otherwise not actually available to the operator," the AGCC said in a statement.
"Unresolved claims by players against FTP become a matter for the police and civil authorities. Now that FTP’s licenses have been revoked, AGCC no longer has jurisdiction over these companies," add the AGCC.
The AGCC had originally suspended Full Tilt's license on June 29th, 75 days after the U.S. Department of Justice indicted Full Tilt founder and CEO Raymond Bitar and seized several bank accounts belonging to the online poker company.
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