Chinese investors caught up in a high-profile dispute with local bank Huaxia over losses related to an increasingly scrutinized type of short-term investment product havebeenrepaid.
It believes the Bank's loans are irretrievable, and the Bank thus doesn't need to be compensated for writing off loans that would probably not havebeenrepaid anyway.
In the months that followed, the feds called Full Tilt Poker a Ponzi scheme for the way it cut corners after it was no longer able to access the financial system and to this day many Americans who had money with Full Tilt have not beenrepaid.
This is because the loan repayments, including the interest, will be repaid with amounts that have already been taxed and will be taxed when withdrawn from the retirement account.