Wednesday, November 4, 2015

Illegal Online Bitcoin Poker Site Operator Fined $25,000

Bryan Micon, 37, former operator of bitcoin online poker site “Seals with Cubs” has plead guilty to a criminal charge for operating an unlicensed gambling system and fined $25,000 as terms of his sentence. In a landmark case and ruling involving a case connecting bitcoin and online gambling, the Clark County District Court sentenced Nevada native and professional gambler Bryan Micon to two years’ probation along with a fine of $25,000. Micon was facing up to ten years in a state prison and a $50,000 fine when he was charged initially. Under the terms, Micon also surrendered 3.0996 in bitcoin […]

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