The former CEO of the Bitcoin based poker room, Satoshi Poker, made an official announcement today on the Bitcoin related forum Bitcointalk.org, where he tells the public what happened when the new owners took over Satoshi Poker.

Bart van Oort as the former CEO is called tells the story of how he sold Satoshi Poker for a plane ticket home from Thailand, as long as the new owners would repay the around 25 Bitcoins owed in player bankrolls.

Oort sold the site to Open Source Industries Ltd in Antigua, who has a CEO named Ragnar del Torres which is owned and operated by Brandon Casten from Tampa, Florida. The agreement between the two parties stated that the new owners had to cover player balances instantly from Satoshi Poker and not wait for them to re-launch any product. But the new owners doesn't care about this and have expressed to Oort that they will repay players when they launch their new platform on BurnTurn.eu.

When Oort confronted Casten on Skype with this, Casten simply blocked Oort and doesn't want to speak to him anymore, not replying to emails or any other means of communication. Oort is now looking to sue the new owners for not living up to the agreement they signed when they bought Satoshi Poker for "nothing" and wants to gain control over the site and domain again, so he can repay the players himself.

You can find the full thread and official announcement from Oort on the Bitcointalk.org forum or by clicking on this link here.