Cereus only has 5 of the 54 million it owes

http://www.subjectpoker.com/2011/06/cereus-owes-players-54m-has-only-5m-6m/



Cliffnotes:

- Cereus owes 54million in player funds
- Cereus only has around 5 million in liquidity
- Americans have been trying to move funds to non-american accounts to cash out faster, this wont help.
- Source is anonymous and claims cant be verified but its considered reliable.

im tempted to delete the only in the title due to the fact that i was under the impression they had 0 of the 54 million owed

read this on 2+2 last night, not very surprising to me.. wonder what the numbers @ FTP would look like.... lol at the picture also

I dont mean to be an asshole but I would be surprised if someone would actually expect to receive his money from Cereus given its reputation

On June 14 2011 18:04 Spitfiree wrote: I dont mean to be an asshole but I would be surprised if someone would actually expect to receive his money from Cereus given its reputation

On June 14 2011 17:59 Sanity wrote: read this on 2+2 last night, not very surprising to me.. wonder what the numbers @ FTP would look like.... lol at the picture also

isnt there a price on the CRS/UB dollar, my rough estimate would be that the CRS dollar is worth 15c and the FTP dollar is worth 70c

does UB/AP got all their money back from USA bank accounts seized by DOJ?



btw. let's count how much FTP has liquid and how much they owe ( or maybe it's already a known number? )

are non US players able to withdraw at FTP? i can only use click2pay and im thinking of "passing thru" there to get to another site. obv playing a couple of days before moving out

On June 14 2011 18:42 Baal wrote: Show nested quote + On June 14 2011 17:59 Sanity wrote: read this on 2+2 last night, not very surprising to me.. wonder what the numbers @ FTP would look like.... lol at the picture also isnt there a price on the CRS/UB dollar, my rough estimate would be that the CRS dollar is worth 15c and the FTP dollar is worth 70c

Please excuse my possible ignorance. Are you suggesting people are xfer funds on ft and ub for 15c on the $ and 70c on the $ respectively?

Took about a week or so to get my money out of FTP. As recent as the last 15 days.

brb. gonna degen the 3k or so i have left on AP.

On June 14 2011 19:41 whamm! wrote: are non US players able to withdraw at FTP? i can only use click2pay and im thinking of "passing thru" there to get to another site. obv playing a couple of days before moving out

dont risk it

On June 14 2011 19:59 GameOverNoob wrote: Show nested quote + On June 14 2011 18:42 Baal wrote:   On June 14 2011 17:59 Sanity wrote: read this on 2+2 last night, not very surprising to me.. wonder what the numbers @ FTP would look like.... lol at the picture also isnt there a price on the CRS/UB dollar, my rough estimate would be that the CRS dollar is worth 15c and the FTP dollar is worth 70c Please excuse my possible ignorance. Are you suggesting people are xfer funds on ft and ub for 15c on the $ and 70c on the $ respectively?

ftp - 70c / $
ub - 15-30c / $

these have been the most recent offers at least

On June 14 2011 19:41 whamm! wrote: are non US players able to withdraw at FTP? i can only use click2pay and im thinking of "passing thru" there to get to another site. obv playing a couple of days before moving out

don't, I tried to cash out the 3k I had left on FTP 11days ago, and it is still pending. Worse then in the week after Black Friday

70c for a FTP dollar? what in the fuck :D

another mass cashout wave could kill FTP too I guess or how stable are they?. time to abandon ship.

i was drunk and bored so i decided to find solution for cerus

hahahahaha

On June 14 2011 21:29 panolko wrote:

i lol'ed

On June 14 2011 21:50 Bigbobm wrote: Show nested quote + On June 14 2011 19:59 GameOverNoob wrote:   On June 14 2011 18:42 Baal wrote:   On June 14 2011 17:59 Sanity wrote: read this on 2+2 last night, not very surprising to me.. wonder what the numbers @ FTP would look like.... lol at the picture also isnt there a price on the CRS/UB dollar, my rough estimate would be that the CRS dollar is worth 15c and the FTP dollar is worth 70c Please excuse my possible ignorance. Are you suggesting people are xfer funds on ft and ub for 15c on the $ and 70c on the $ respectively? ftp - 70c / $ ub - 15-30c / $ these have been the most recent offers at least

I've heard tho that buying from an USA account is risky because the funds arent "legit" or something?
anyone have info on this?

don't quite know what you mean by not 'legit'

people are signing binding contracts over to the buyers to guarantee them the funds on the account. so if/when they get paid out, the funds directed to the buyer. the risk is built into the bargain.

oh I see, I thought it involved transferring funds through the software

wtf. The pokersites makes a ton of money from rake.... How the fuck do they manage to fuck up so #%/##% much ???

Im guessing greed has to play the larger role in this

On June 16 2011 15:38 VanDerMeyde wrote: wtf. The pokersites makes a ton of money from rake.... How the fuck do they manage to fuck up so #%/##% much ???

they dont fuck up... the Cereus network has always been full of thieves, and people were aware of this.

jesus mother fucking christ

I run so bad at this shit

On June 21 2011 00:50 Fayth wrote: jesus mother fucking christ I run so bad at this shit

sucks a lot to get fucked over a bunch but you also run very good too!!! Always remember your WSOP piece bink, once in a lifetime.

got my 500$ on Neteller, waited from 17. may ;o

At least here cashout to my bank account from FTP works fine