preet bharara, the united states attorney for the southern district of new york, announced today that the united states has entered into settlement agreements with pokerstars and full tilt poker two of three online poker companies sued by the u.s. in a money laundering and forfeiture complaint that was originally filed in april 2011 that were approved today by u.s. district judge leonard b. sand. under the terms of the settlement with full tilt poker ("full tilt"), the company agreed to forfeit virtually all of its assets (the "forfeited full tilt assets") to the u.s. to fully resolve the charges in the complaint.
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Preet Bharara, the United States Attorney for the Southern District of New York, announced today that the United States has entered into settlement agreements with PokerStars and Full Tilt Poker two of three online poker companies sued by the U.S. in a money laundering and forfeiture complaint that was originally filed in April 2011 that were approved today by U.S. District Judge Leonard B. Sand. Under the terms of the settlement with Full Tilt Poker ("Full Tilt"), the company agreed to forfeit virtually all of its assets (the "Forfeited Full Tilt Assets") to the U.S. to fully resolve the charges in the complaint.