Now here are some fighting words in the federal takedown of Full Tilt Poker. It'll be interesting to see how this development will play in the slow fight to legalize and regulate online poker:
"Full Tilt was not a legitimate poker company but a global Ponzi scheme," U.S. Attorney Preet Bharara said in a statement. "Not only did the firm orchestrate a massive fraud against the U.S. banking system, as previously alleged, Full Tilt also cheated and abused its own players to the tune of hundreds of millions of dollars."