After agreeing a plea agreement last week, the former Chief Executive Officer for FullTilt Poker, Ray Bitar, appeared before the United States District Court for the Southern District of New York via video link from his home in California on Monday to face sentencing. Bitar was indicted in April of 2011 on five counts that included money laundering, violating the Unlawful Internet Gambling Enforcement Act (UIGEA) and operating an illegal gambling business before being arrested at New York’s John F Kennedy International Airport in July. In line with his plea, which saw Bitar admit to violating UIGEA and conspiracy to commit bank and wire fraud, Judge Loretta Preska sentenced the former equities trader to ‘time served’ while additionally requiring him to hand over $40 million in personal assets. Bitar was permitted to appear from his home in Los Angeles due to him suffering from a serious heart condition that could see him require a life-saving transplant within the next year. Following the case, lawyers for the defendant indicated that his client is due enrol in a transplant programme from May 6.