BankrollMob Poker News
may
29

Chris Ferguson Issues Short Apology to the Poker Community
Tags: Black Friday, Chris Ferguson.
Posted on 29 May 2018 by "T".

Seven years after the Black Friday, an event that shook the poker world with poker's big three (Full Tilt Poker, PokerStars, and Ultimate Bet) getting indicted, Chris Ferguson finally re-emerged issuing an apology for his role in it.

Despite re-emerging twice at the World Series of Poker as well as winning Player of the Year last year, the former founder of Full Tilt has never really spoken publicly about his involvements in the Black Friday scandal.

In April 2011, the Black Friday scandal revealed a number of fraud and malpractice along with reasons why they were not able to cash out its players.

In September of 2012, Howard Lederer gave lengthy interviews and explaining his side of things. However, Lederer's interviews turned out to be less than positive, as most of his explanations were unsatisfactory for the poker community. It was Chris Ferguson's silence that had more uproar. Despite being part of the core management group of Full Tilt Poker, he remained silent about the whole fiasco, until now.

Ferguson released on May 23 a 42-second video titled "Chris Ferguson reaches out to the poker community."

"Hi, it's Chris Ferguson.

I'd like to take this brief opportunity to address the poker community which I love and have been part of for a long time. I deeply regret not being able to prevent Black Friday from happening. After Black Friday, I worked relentlessly to ensure that all players got paid back, and I sincerely apologize that it took as long as it did.

I also realize it has taken me a long time to make any sort of public statement and I appreciate my fans and the poker community as a whole for the patience and support. One day, the Full Tilt Poker story will be told, and like many of you, I look forward to that day.

I hope to see you all at the World Series of Poker this summer. Thank you and good luck."

While Ferguson has not really told his side of the story regarding the scandal at this time, he does expect the story to be told one day.

Source:
https://www.pokernews.com/news/2018/05/chris-ferguson-apology-30874.htm?itm_content=pn-hp-hero-1

 

« Poker News   /   Comment on this news »

Related Articles:

27 comments on "Chris Ferguson Issues Short Apology to the Poker Community"

Displaying only the 25 latest comments. To view all comments, please visit the forum thread:
» Chris Ferguson Issues Short Apology to the Poker Community


 Mober29/05/2018 17:32:56 GMT
I dont see the reason, why making the statement in the first place,
after so long.
If he had something to say, he should have said it many years ago.
Now it is too late for everyone.
Fans? He still have fans?
 CALICUL29/05/2018 17:34:18 GMT
Excuses do not help two much. The Black Friday broke the Full Tilt Poker and American players have left the online industry of these games. Poker was very good at that time and his fall destroyed the dream of many players including mine. I loved Full Tilt Poker as it was before Black Friday. Very sad. Sad
 StheP29/05/2018 18:05:16 GMT
and what I forgot to say... in this video he is uppologising for not preventing black friday... I dont know what that have to do with him, and how he could prevent it... he should be appologising for bad menagment of money and overspending money.... other people's money... that he shouldnt even touch in first place... simple as that...
 godoy29/05/2018 23:18:17 GMT
what to talk about a man who alone could end up with the poker of a whole country with shenanigans and more shenanigans this citizen nor should reach the 100 meters of a table of poker should be banished forever in my opinion and of course
 T3ddyKGB30/05/2018 00:03:39 GMT
Posted by shokaku:
So it took him only seven years to issue a short statement on the topic. And in this statement he basicly says nothing new or intersting, but only a bunch of soundbites. He should switch from poker to politics


indeed. his statement is nothing worth without further explanation. is there still an investigation going on or why doesnt he express his views on the subject?


------------
Posted by StheP:
and what I forgot to say... in this video he is uppologising for not preventing black friday... I dont know what that have to do with him, and how he could prevent it... he should be appologising for bad menagment of money and overspending money.... other people's money... that he shouldnt even touch in first place... simple as that...


he´s one of the guys who (presumedly) caused black friday. and what management? he had no management at all if you disregard the "ponzi scheme" Big Smile
 StheP30/05/2018 00:09:47 GMT
Well it depends on what you name black friday... IMO black friday was day when online poker was banned in usa... he didnt couse banning poker in usa... he just didnt have money to pay players out after they banned poker...
 T3ddyKGB30/05/2018 00:29:58 GMT
you´re right. it s FT scandal (connected with BF). but i wonder if there was a black friday if FT wasnt moneylaundering etc. it might turned out differently..





 ligador3730/05/2018 00:42:49 GMT
Quite funny to apologize so long after the fact. Some take time to realize the errors, but 7 years seems like a lot to me. Besides, he did not say anything at all, he would have stayed quiet. As someone said, that is dedicated to politics.
Or maybe it is some previous movement for a project that has a future, and wants to win the masses.
Rare
 magatt96630/05/2018 07:05:45 GMT
Just shut the fuck up Jesus
 StheP30/05/2018 11:18:43 GMT
Posted by T3ddyKGB:
you're right. it s FT scandal (connected with BF). but i wonder if there was a black friday if FT wasnt moneylaundering etc. it might turned out differently..






nobady knew if they were abusing players money or not until they had to pay out all players, so I dont think so... they would continue spending players money until well run dry...
 pajalnick30/05/2018 11:43:48 GMT
seven years .... in seven years, there may be many different events and Chris has been pestered for seven years to realize his guilt before the players .... of course it's better late than never but .... maybe there will be some more video from Chris with which then in other words ... we are waiting
 shokaku30/05/2018 13:22:13 GMT
This years WSOP is about to start. Maybe he plans to get involved in this tourney series far more than in the last few years since black friday. And this message was just launched to test the waters.
 CALICUL30/05/2018 17:35:16 GMT
Shokaku you think Chris Ferguson want to make a Live Black Friday Cool participating in these tournaments? because he is the player of 2017 if i understand that well. He can participate now. There are no restrictions for him. Maybe he wants to make more advertising.
 shokaku30/05/2018 18:12:02 GMT
Of cause he can participate. It is just the question how the other players will react if he is on their table. I guess no one likes it to get nagged for 8-10 hours in a row throughout the hole tournament.
 CALICUL30/05/2018 18:14:11 GMT
Posted by shokaku:
Of cause he can participate. It is just the question how the other players will react if he is on their table. I guess no one likes it to get nagged for 8-10 hours in a row throughout the hole tournament.



Players will react normally because he played in 2017 and no one revolted as Chris F. to be excluded.
 Tony_MON7ANA31/05/2018 07:11:17 GMT
Chris Ferguson may have been directly and knowingly participated in a pyramid scheme. Does the degree of his involvement in the fraud make any difference to the negatively affected poker players around the globe?
 doubletop77731/05/2018 07:32:44 GMT
This so called apology is a long time in the making and i don't think that it will be of any comfort to the players' who lost money. I think that all the people involved in this outrage should be ashamed of themselves
 godoy31/05/2018 12:11:41 GMT
one of the biggest thieves in poker worldwide should be banned from anything related to poker because he managed to ban almost forever poker in one of the places where poker was born and a malcarater and thief
 StheP31/05/2018 13:41:54 GMT
here is a little throwback video for all that dont know what is this all about

https://www.youtube.com/watch?v=TI8_1M57eWo
 ligador3731/05/2018 15:53:55 GMT
Posted by shokaku:
Of cause he can participate. It is just the question how the other players will react if he is on their table. I guess no one likes it to get nagged for 8-10 hours in a row throughout the hole tournament.

I do not think there is any impediment to not playing the WSOP. Another thing is that he wants to play. Possibly he wants to play Poker Live again, and for that he must first apologize.
Would not it be nice if they crossed paths at a WSOP Ferguson vs Negreanu table?
Or at the final table? The only bad thing about the final table is that it would imply that Ferguson would be charging good money
 dule-vu31/05/2018 16:23:41 GMT
dont know what he have from this video and would be best for all that he didnt said anything and didnt post any video!what do you have after so many years from this?who would back money to players,if poker stars didnt take everything in theirs hands?nobody!
 CALICUL31/05/2018 17:36:17 GMT
Every man who participated in this ugly strategy has his share of guilt but in this big scandal that was in April 11, 2011 only the players suffered. It'a a shame i know but i understand that the money of these players was finally paid. This is a correct decision and i would like the full tilt to return to the old software if possible. I think poker was more beautiful then than today. Chris Ferguson is also guilty but in the end this story is over.
 Mober31/05/2018 20:00:27 GMT
No matter what has happened, ha can play any game he likes, be it tournament or not.
And his opponents the only thing they can do is to beat him on his game.
And pretty much thats it. Smile
It seems we will be seeing him often from now on...
 godoy01/06/2018 15:46:36 GMT

212/5000
ONE OF THE MOST MALCARATER OF THE WORLD OF POKER SHOULD BE BANED OF THE WORLD CENARIO AND OLINE AND LIVE an evil for the world poker should not be accepted that if it spoke depoker in its very bad name for the sport
 CALICUL05/06/2018 18:02:39 GMT
Let's not make this case a real story because the money of the eligible players was eventually returned after 3-4 years and this is very good. From my point of view Chris Ferguson must not be banned from playing poker real or live. If the players were losing their money, then they deserve punishment with jail but when the money is returned is ok with a little punishment.

Write a comment:

You must be logged in, to comment on news...

Disclosure: BankrollMob may earn a commission based on the advertisement material on this site. #AD
© 2024 BankrollMob.com - All Rights Reserved CONTACT | ABOUT | PRIVACY & COOKIE POLICY | TERMS & CONDITIONS | NEWSLETTER | AFFILIATES | REPORT SPAM | ADVERTISING
  Please Play Responsibly