A New York federal judge has dismissed a first class action law suit brought against Full Tilt.

US District Judge Leonard B. Sand on Monday dismissed a civil Racketeer Influenced and Corrupt Organizations (RICO) suit alleging that Full Tilt Poker and 10 individual defendants conspired to defraud company account holders of US$150m by freezing their accounts.

Website Law360 broke the news yesterday that the judge had argued it was unclear at this point whether a conspiracy by the defendants or the federal government's actions were the reason why players resulted in being unable to access their funds.

The suit, which targets nine companies, 16 individuals and a number of defendants over the alleged scheme, stems from the federal government's probe into and subsequent criminal and civil suits over the gambling site's activities. The government's case focused on allegations of bank and wire fraud and money laundering at Full Tilt, PokerStars and Absolute Poker.

As a result of the investigation on April 15, prosecutors seized the assets of the three sites, barring players from accessing their accounts. The RICO suit was filed to seeking to recover those funds.