IS SEALS WITH CLUBS DONKDOWN??? (Update: Micon charged with a felony in Nevada)

[Pooh]

A lot of people did, Baron, however I suspect most now come here out of habit and because they like the community.

[simpdog]

Everyone here is in the top 5% of poker. All winning players obviously

But 80% are broke and no one plays poker

[simpdog]

Gofundme canceled the Erin Micon donation. My guess is Micon was pissed and had them crack down

[backdoorb]

This is brilliant M8, keep it coming porfovaor

I enjoyed that passage by The Shrink. Wish he would post more.

I can tell you that I don't know all that much about his mindset during his Seals days because we already weren't friends by the time all of that started. Brandon stayed friends with him for about 6 extra months, so he saw a little of it, and likely has more insight from that standpoint.

This of course is speculation, but I would be comfortable stating it is educated speculation. I don't believe Micon is as broke as many may think. He may be cash broke to a certain extent but I would imagine he still has at least several hundred thousand dollars if not more of btc. I believe he would rather accept charity from the btc community among others than deplete his funds. I suspect that if he doesn't get a deal that is favorable or chooses to not ever return he doesn't want to touch that nest egg.

As I mentioned, the 100k he is trying to raise on the gofundme page is peanuts. Steve's family had to pay 50k as just a retainer for charges miniscule compared to what Micon is facing. I could see this costing him 250k EASY just to negotiate a plea. 1 million + if he fights it at trial. He has money, he just was hoping to use the btc "martyr" title to free roll.

My reasoning...

He owed a mutual acquaintance of Druff's and mine a ton of money before btc blew up. He paid off that debt.

Micon used to be very good friends (and Martha as well) with the Jetts. Karina and Chip. They would go out to eat. The Micons were frequent guests in the Jett's home etc. Right around the same time Micon and I had our huge public blow out, Micon and Karina had one as well. To be honest I don't remember what caused their friendship to end. I remember when Karina was hosting a HORSE tourney at one of the local casino's, she would send out a mass text message to all the usual players reminding them, telling them of special offers (i.e first 10 registered get a free buffet etc) and Micon texted her like 50 times stating 'FUCK OFF AND TAKE ME OFF YOUR GOD DAMN TEXTING LIST" or something to that effect. Ironically, my very very close friend Jeanne is now basically bestfriends with Karina, as they run around town having meals, playing cards and going on trips.

This was told to me by KARINA . Last year at the world series Micon sits down in a 50-100 Stud Game that Karina was already in. They ended up getting into a large argument at the table. Micon started the dialogue by trash talking to her in someway (I don't recall the exact comments but I could ask Karina), she ended up calling the floor and Micon ended up leaving the game. But what was REALLY INTERESTING was that she told me had around 100k in chips on the table in a 50-100 LIMIT GAME!!! It was obvious he was showing off so others could see he had money They're is no reason to EVER have that kind of money out in a LIMIT game. It doesn't intimidate others like it may in NL or PL game. I remember back in 2002-2003 when I would play 1-2 NL at the Golden Nugget and Binions right after the Moneymaker and this guy who was known as "The Duke of Freemont" and he would literally sit with well over 10k, sometimes as much as 25k in the game! Back then, (not sure how it is now) the games at both those rooms were like a $40 min buy in and no max. AND TO MAKE IT EVEN FUNNIER HE WAS A TOTAL NIT. He would fold 95%+ of his hands and when he played a hand it was like raise to $7, call, call, call, Duke makes it $850 to go! I truly can't recall ever seeing him showdown a hand.

This posturing eventually backfired as more and more people knew of him and the kind of money he was carrying. He eventually got beat the fuck down and almost died.

http://www.ireachcontent.com/news-re...163731056.html




OK back on subject...

I live in Summerlin Nevada. Summerlin is about 20 miles west of the Las Vegas Strip. The closest casino near me is the Red Rock. It's a gorgeous casino. To this date the most expensive locals casino ever built. It puts to shame many strip properties such as Excalibur, Luxor, Tropicana, and Monte Carlo just to name a few. Its the place I go to bet and watch a game, grab a late night meal, see a movie etc. Its also now home to The Iceman (I think the only croom he can still play at). It was also the casino Micon would constantly frequent for his non poker related gambling.

I saw him several times over the years there. Mainly playing blackjack. He would always be sitting at a $10 or $25 min table. He would always have $400-$500 in front of him. I never saw him wager more than $75-100$ a hand at most and sometimes as small as $10-15. A lot of these sessions in which I saw him were at the height or semi height of btc, so that was naturally what made be curious to see what he was wagering.

I have a close friend who plays weekly in the 40-80 or 60-120 mix game at the Bellagio. He knows about my prior relationship with Micon. He at one time had a huge falling out with Micon when he was the head of marketing for a huge online poker site. My friend has played many many sessions (hundred of hours) with Micon in the mix. He tells me Micon is a lifetime loser in the game. Micon plays too spazzy and loose. But he also tells me that always has several "flags" on him, which he breaks when he plays the game.

Micon isn't as rich as some people assume (such as the Haley Hintze article) nor is he as poor as people want him to believe.

One of the biggest issues in his marriage was his wifes lack of knowledge and control of their finances. I GUARANTEE when they had a child she gave him an ultimatum that things needed to change if she was going to give him a child. I always remember Micon telling me that he didn't want to have a child until he had at least 250k in savings so he could be comfortable.

There really is no doubt in my mind that Martha had Micon selll a great deal of coin when it was at its height or slightly on the downfall. No doubt.

Whether that money is in a safety deposit box somewhere, a foreign bank, or a relative is holding it for them, we can only speculate.

Both Micon and Mrs Micon come from families with SIGNIFICANT MONEY. I know factually if they needed say 250k for representation, the money could be easily raised by both families and NO, this doesnt involve 2nd mortages or liquidating of assets.

He has money. For all his fuckups and idiotic decisions of the past, he knew at the very least the day he was raided and charges being filed was a possibility. He definitely left himself an out. But he of course as many before him is feigning poverty rather than risk going through his entire nest egg and all the assets he obtained since this story began.

When I have more time I will post about the beginning of Seals with Clubs. It was more like the last 8-10 months of our friendship that he became involved in the project. He professed to me OVER AND OVER how both seals and btc were going to be the GAME CHANGER. I didn't listen. It was only months before that he wanted me among others to help him finance a team to develop a Chinese poker app for apple and android. I heard about it from him for months. This was going to make use rich....until we found out several had already been developed and were out on the open market lol.


ZoD

[TheXFactor]

As I mentioned, the 100k he is trying to raise on the gofundme page is peanuts. Steve's family had to pay 50k as just a retainer for charges miniscule compared to what Micon is facing. I could see this costing him 250k EASY just to negotiate a plea. 1 million + if he fights it at trial. He has money, he just was hoping to use the btc "martyr" title to free roll.

Both Micon and Mrs Micon come from families with SIGNIFICANT MONEY. I know factually if they needed say 250k for representation, the money could be easily raised by both families and NO, this doesnt involve 2nd mortages or liquidating of assets.

For a murder trial, David Chesnoff gets paid about $1 million.
For representing Paul Phua and family, Chesnoff has probably made more than $1 million.

Micon made only $40K per year from Seals with Clubs? But has a little nest egg of a few hundred thousand in Bitcoin.

Micon is not the type of client they usually represent, which are mainly mobsters and other organized crime members who make millions and aren't stupid enough to leave a ton of evidence lying around.

Micon is going to have to return and face the music eventually, he is not a martyr for Bitcoin, nor does the BTC community give a fuck.


This is one fight that Micon can't beat.

[sonatine]

The more I think about this, the more I think Micon can get off here.

Reason being: his lawyers are going to exploit the fact that the existing laws were written before bitcoins existed and fail to account for them properly.

Its going to cost Micon everything he has to pull it off and probably tax his family as well, but I think his legal team can make it happen with the right jury.

That said... I imagine that this will only embolden Micon who will get even more involved in SWC or whatever its called now and the state will spend a long weekend revising the laws accordingly before they go for round 2. And winning.

[Krypt]

The more I think about this, the more I think Micon can get off here.

Reason being: his lawyers are going to exploit the fact that the existing laws were written before bitcoins existed and fail to account for them properly.

Its going to cost Micon everything he has to pull it off and probably tax his family as well, but I think his legal team can make it happen with the right jury.

That said... I imagine that this will only embolden Micon who will get even more involved in SWC or whatever its called now and the state will spend a long weekend revising the laws accordingly before they go for round 2. And winning.

That could be a very convincing argument in front of a jury.

[Dan Druff]

100k views on this thread now.

Anyway, I don't think he will get off with a bitcoin gambling legality argument.

Nevada state law only requires that you prove that it was a game of chance with a buyin with something of value (bitcoin) and a prize of something of value (bitcoin).

Unless you want to argue that bitcoin has no value, this was definitely gambling.

[sonatine]

100k views on this thread now.

Anyway, I don't think he will get off with a bitcoin gambling legality argument.

Nevada state law only requires that you prove that it was a game of chance with a buyin with something of value (bitcoin) and a prize of something of value (bitcoin).

Unless you want to argue that bitcoin has no value, this was definitely gambling.

Against a judge, no doubt that holds water.

But you get the right Nevada jury with that legal team.....

[Drexel]

Should I do it? Is it time?

[vegas1369]

Should I do it? Is it time?

Pretty sure the answer is yes.

Of course I have no idea what you are talking about, but again, it has to be yes.

[Belly Buster]

Should I do it? Is it time?

[tyde]

ZOD check PMs

[tyde]

Should I do it? Is it time?

[phantom]

Gofundme canceled the Erin Micon donation. My guess is Micon was pissed and had them crack down

lol missed that one. what did erin have to say?

[Belly Buster]

Gofundme canceled the Erin Micon donation. My guess is Micon was pissed and had them crack down

lol missed that one. what did erin have to say?

http://pokerfraudalert.com/forum/sho...l=1#post360576

[DRK Star]

Should I do it? Is it time?

[Baron Von Strucker]

Should I do it? Is it time?

Ambien Radio OBV. and yes you should!

[jacosta24]

Should I do it? Is it time?

The Micon diaries part 2?

[backdoorb]

Drop the juicy morsel!!!