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09-29-2011, 01:18 PM
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#18 |
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Waitin til next year
Join Date: Dec 2006
Location: Cincinnati
Posts: 9,620
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Re: Full Tilt Poker = Ponzi
The more I think about this I just don't know what to consider it. Full Tilt almost acted like a bank, taking in players money (deposits) and using it to fund their employees and marketing (loans). I wonder how much they actually were leveraged? And it would make sense that when the DOJ shut down the site they didn't have the funds in order to pay out all their players.
It almost seems like a mix of a ponzi scheme and a bank all wrapped into one. |
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