Don’t want to psycho-analysis too much, but it’s not all that bad. The reason why he pled guilty is probably so he wouldn’t lose all of his assets here in America. I would be willing to bet he will beable to retain all of assets under the plea agreement.
This can actually be good news on the UIGEA front. If there is any pending conplaint against the UIGEA and Gonzo at the DOJ from iMEGA (and anyone who read my post eariler knows I still have my reservations there is). This can be good news in any potential Stay or Repeal. One thing judges hate doing is overturing other Judges or impeading other cases by their rulings. A Judge may hesitate in allowing a Temporary Stay of the UIGEA if there are too many cases out there that are pending in regards to the bill. They would not want to put the law on stay, knowing other cases cannot proceed until their case is resolved. With the less cases out there that are affiliated with the passeage of UIGEA, the greater the chance the Judge in NJ’s 3rd district will issue a stay as iMEGA is asking for.
So it may not be all that bad news he pled guilty. I bet he won’t be doing any jail time, since no sentencing date has been released. That is yet another good sign.