Remission Process Begins for Absolute Poker and Ultimate Bet Victims

Remission Process Begins for Absolute Poker and Ultimate Bet Victims 0001More than six years after Black Friday, customers of Absolute Poker and sister site Ultimate Bet may finally find some justice in the form of recovered funds. For customers of the two sites who confirmed their account balances before the initial filing deadline of June 9, 2017, remission of lost funds appears to be on the horizon.

According to absolutepokerclaims.com, the Money Laundering and Asset Recovery Section of the Department of Justice (MLARS) has approved a first round of payments totaling nearly $33.5 million to approximately 7,400 Petitioners and the repayment process has already begun. This comes after the…