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Do You Have Money On AP or UB? You're Totally Screwed

If Noah Stephens-Davidowitz over at Subject Poker is to be believed Cereus' liability to players far, far, far exceeds cash on hand. How far? Try $54 million in liabilities vs. $5M - $6M…

If Noah Stephens-Davidowitz over at Subject Poker is to be believed Cereus’ liability to players far, far, far exceeds cash on hand. How far? Try $54 million in liabilities vs. $5M - $6M in cash.