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TournamentsAugust 17, 2019·1 min read
Backers Sue Nick Marchington Over WSOP Tournament Stakes
Backers David Ye and Colin Hartley from the fund C Biscuit Staking have filed a lawsuit against Nick Marchington, the finalist of the main WSOP tournament. The dispute involves two tournaments: a 6-max for $5k and the main event. Nick Marchington sold 10% stakes in these tournaments to the backers.
The backers sent two payments of $875 each on June 4, 2019. Nick Marchington confirmed he would play the main event on July 1, 2019, and sent a copy of the check from the $5k tournament. However, on July 3, 2019, Nick Marchington canceled the backers' stakes in the main event.
Nick Marchington finished 7th in the main event and won $1,525,000. The backers want to receive 10% of Nick Marchington's winnings. The backers sent two payments of $875 each on June 4, 2019. Nick Marchington confirmed he would play the main event on July 1, 2019, and sent a copy of the check from the $5k tournament. However, on July 3, 2019, Nick Marchington canceled the backers' stakes in the main event.
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