I play on SWC, and it is not a fraudulent site. You can see my thread on BitCoin Poker here on Cardschat
I made 96 bitcoins so far, that's almost $500. Granted, I thought bitcoins would collapse at first but it seems they've stabilized at about $5 a piece. Cashouts are quick, less than 24 hours most of the time, sometimes within hours. The software isn't the greatest, but the new software has Holdem, Omaha Hi and Omaha HiLo 8s or better. There are hourly freerolls
and small money added half hour SNGS, that's how I made my 96 bitcoins, from nothing. It can't hurt, and I know a lot of you are freeroll hunters.