Bitcoin poker site founder takes plea deal to avoid jail time

A man who ran a Bitcoin-based online poker site and then fled to Antigua after being raided earlier this year has pleaded guilty to a lesser gambling violation in Nevada as a way to stay a near-free man.

According to the Las Vegas Review Journal, Bryan Micon accepted probation on Thursday and will also pay a $25,000 fine, surrender the computers, 3.0996 bitcoins ($750) and the $900 that were seized from him during the raid. Once complete, his charge will be reduced to a gross misdemeanor of operating an unlicensed interactive gaming system.

Neither Micon, nor Richard Schonfeld, his attorney, immediately responded to Ars’ request for comment.

The backers of the new, which was largely created from, state that they:

flatly [reject] the idea that an online poker room should require your personal information. We believe the online poker experience should be similar to a live cardroom, whereby players can buy chips, play, and cash out anonymously. By using bitcoin,

Read more ... source: Bitcoin Warrior