One of the boys behind what was called a “global Ponzi scheme” by the government has returned to the arena Series of Poker on the lookout for his sixth career bracelet.
Chris “Jesus” Ferguson, who was an owner of Full Tilt Poker when it shut down while holding greater than $300 million worth of player funds, entered the $10,000 seven-card stud event on the 2016 WSOP on June 4. It was his first appearance on the WSOP since 2010, the year before the Black Friday indictments that ensnared other of the world’s top poker sites facilitating games for Americans.
Ferguson, at the side of Howard Lederer and Rafe Furst, settled their respective civil cases with the federal government without admitting to any wrongdoing. Unlike CEO Ray Bitar, they were never charged criminally. Full Tilt was eventually sold to rival site PokerStars, the latter of which gave the federal government enough money in a settlement to pay back Americans who had money missing on Full Tilt.
Ferguson was ordered handy over an undisclosed amount from a particular bank account, in addition to an extra $2.35 million. Within the settlement, Ferguson said he was “unaware” of the placement at Full Tilt Poker. He hasn't ever talked publicly in regards to the case, and didn’t achieve this on Saturday.
The 53-year-old busted within the early morning hours on Sunday after about an hour of play.
Ferguson, the 2000 main event champion, is 12th all-time on the Series in choice of cashes (63). He has $8.3 million in lifetime tournament earnings.
Though Lederer has played poker in a public setting since his settlement, it hasn’t been on the WSOP. Furst also hasn’t been seen in a bracelet event for the reason that indictments.
For more coverage from the summer series, visit the 2016 WSOP landing page complete with a whole schedule, news, player interviews and event recaps.
Read More... [Source: CardPlayer Poker News]
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