Bryan Micon Returns To Face The Music In US
The legal position of crypto currencies like Bitcoin is still largely unclear in many countries. Seal with Clubs was a Bitcoin powered poker site run by Bryan Micon from Las Vegas. The charges are that the site accepted Bitcoin currency between March 1 2014 and Feb 9 2015 “without first procuring and thereafter maintaining in effect the required licenses,”
Micon fled the U.S. to Antigua in April after being charged but this week a judge recalled the warrant which will see Micon appear before a hearing on Thursday. His defense attorney is David Chesnoff who had successfully defended other high profile clients like Paul Phua in the 2014-2015 World Cup illegal sports gambling case.
Micon has taken his case to social media in the last month and even attempted to raise funds for his legal defense. He wrote,”As a husband, father of a 2 year old girl, & outspoken Bitcoin advocate, I desire nothing more than to continue to be with my wife, raise my daughter, and continue to build layers on top of the Bitcoin protocol,” Micon wrote on the crowdfunding site. “The state of Nevada desires to take that away from me. Please help me fight.”
The whole issue of Seal of Clubs came into the spotlight of the authorities when a Belgian resident complained about the site in 2013. According to Micon the site earned between $10- $12k in profits monthly. Micon faces up to 10 years in prison and a $50k fine. The case is also a landmark one as it is the first time prosecution of a poker site that uses digital currency.