Nevada Attorney General Charges Seals With Clubs Owner
Bitcoin is a popular payment method for thousands of businesses that accept online payments. Bitcoin offers faster transactions, several orders of magnitudes cheaper transaction fees, and most importantly, no risk of chargebacks. These advantages have led businesses to flock to bitcoin in droves. By opting to use a payment processor to convert their bitcoin revenue to fiat, merchants can even avoid bitcoin’s notorious price volatility. Bitcoin has especially become popular in the gambling industry, with both traditional sites integrating cryptocurrency and new sites using cryptocurrency....
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Bryan Micon, owner of Seals with Clubs, has been charged by the Nevada Attorney General's Office for operating an illegal bitcoin gambling site. A warrant for his arrest has already been issued last April. According to defense attorney Richard Schonfeld, Micon will serve an as-yet-unspecified probation term and pay a fine of $25,000. Micon recently flew in from his hometown in Antigua to Nevada to answer the charges. Illegal Bitcoin Gambling. Seals with Clubs has since been shut down due to the allegations. Micon also has to forfeit assets seized when Nevada Gaming Commission agents raided....
This piece has been updated with additional information from the Nevada Attorney General's Office, as well as a copy of the formal complaint filed against Bryan Micon. The Nevada Attorney General's Office is seeking to arrest the operator of defunct bitcoin poker service Seals with Clubs. As reported by the Las Vegas Review-Journal, Bryan Micon was charged in Nevada court on Monday with operating an unlicensed interactive gaming system. Micon is accused of failing to acquire the necessary licensure to operate Seals with Clubs. If convicted, he could face up to 10 years in prison and....
Bryan Micon, operator of the closed down bitcoin-fueled poker site Seals With Clubs, has been charged by the Nevada Attorney General with operating an unlicensed gambling enterprise, and faces up to ten years in prison and a US$50,000 fine. Hoping to be able to cover his legal expenses, Micon has since launched a defense fund. It first became evident that something was amiss at Seals With Clubs in February of this year, as the site indicated it would be shutting down, which was at the time attributed to unspecified operational security concerns. Several days later, Micon uploaded a YouTube....
The former operator of bitcoin poker site Seals with Clubs was sentenced to two years probation and fined $25,000 today after pleading guilty to the unlawful operation of a gaming site earlier this year. Bryan Micon pled guilty in July after being charged by the Nevada Attorney General's office in the spring. Micon's sentencing hearing took place at 9 am local time in Las Vegas, according to the attorney general's office, which was not immediately available for further comment. At the time he was charged, Micon faced as many as 10 years in prison, and upwards of $50,000 in fines. The....
Bryan Micon, operator of now-defunct bitcoin poker site Seals with Clubs, has agreed to plead guilty to a charge of operating an unlicensed gaming website in Nevada. Micon traveled from his home in Antigua to Nevada earlier this week to face the gaming charge after a warrant was issued for his arrest in April by the Nevada Attorney General's Office. Defense attorney Richard Schonfeld told the Las Vegas Review-Journal that Micon will serve an as-yet-unspecified probation term and pay a fine of $25,000. He will also forfeit assets seized when Nevada Gaming Commission agents raided his home....