The Alderney Gambling Control Commission (AGCC) has suspended the licences for Full Tilt Poker. All games are paused, cashouts not possible.

The AGCC said in a statement this morning:

"The decision to suspend these licenses follows a special investigation prompted by the indictments unsealed by US Attorney General’s Office in the Southern District of New York on 15th April 2011, during which grounds were found to indicate that these licensees and their business associates were operating contrary to Alderney legislation."

Currently it's not clear whether this is a "suspension" or whether their licence will be revoked. We assume, however, that Full Tilt Poker will apply for a new license in a different jurisdiction.

We will keep you updated with all the details as and when they come in.
Here's the screen that appears if you try and withdraw your money at present:

FTP
Update 11:05 GMT
It seems that all Full Tilt Poker servers have been taken down currently and on fulltiltpoker.com appears the message "scheduled maintenance".