Late last week the administrator handling the claims for US poker players who had their Full Tilt Poker funds seized by the Department of Justice announced that players will officially begin getting their money repaid in February.
In a statement to players, the Garden City Group said: "GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved the first round of payments. This distribution will include approximately 30,000 Petitions totaling $82 million submitted by Petitioners with timely, complete Petitions, who confirmed their FTP Account Balances."
"GCG is currently working with the bank selected by the DOJ to set up the payment process, and expects to issue payments via ACH before the end of February 2014. Further updates on the payment process will be posted in 2-3 weeks."
"Please continue to check this website for updates regarding the payment process and this administration."
Garden City's repayments will apply to those who submitted their repayment applications by the processing deadline, which came to pass late last year. New applications will not be accepted going forward.