OpenRuby.com

03 Jan '13, 3pm

Software developers writing code for online gambling are being prosecuted. #bitcoin #arbitrary

Software developers writing code for online gambling are being prosecuted. #bitcoin #arbitrary

Bob Stuart is being charged with promoting illegal gambling over a commercial software program he licenses to online casinos and bookmakers. Photo: Ariel Zambelich/Wired In a criminal case sure to make programmers nervous, a software maker who licenses a program used by online casinos and bookmakers overseas is being charged with promoting gambling in New York because authorities say his software was used by others for illegal betting in that state. New York authorities say that about $2.3 million that Robert Stuart and his company, Extension Software, received in cash and money orders for licensing his software constitutes direct proceeds of illegal, U.S.-based bookmaking operations. “These defendants abetted large-scale illegal gambling in the U.S. and abroad,” said District Attorney Cyrus R. Vance, Jr. in a press release in October when Stuart was charged. “In doing so,...

Full article: http://www.wired.com/threatlevel/2013/01/coder-charged-fo...

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businessweek.com 04 Jan '13, 12am

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businessweek.com 04 Jan '13, 12am

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