Saturday, June 27

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.

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