Furst was on Full Tilt’s board of directors when the company went insolvent with more than $300 million worth of player funds unpaid. Furst settled without admitting to any wrongdoing.
According to a court document, Furst claimed he was unaware of any wrongful activity at the company, which included the alleged looting of player accounts.
The government said that Furst owned 2.6 percent of Tiltware LLC — a California firm which owned the entities related to the Full Tilt business.
While Furst is forever finished with the lawsuit, the other defendants still remain in hot water.
IMO, he sees this as a mistake. He had a minority ownership, most likely never did anything but cash checks, play poker and let them use his name.
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