The warrant for Bilzerian’s arrest was issued last month but was kept confidential, with police eventually getting hold of Dan when he landed at an LA airport on Tuesday.
The Las Vegas Review Journal revealed he had been charged with “possessing component of explosive or incendiary device with intent to manufacture explosive or incendiary device and possession of explosive incendiary device.”
Which, in short, means that Bilzerian was attempting to make something like TNT using ammonium, aluminium powder and ammonium nitrate.
If Bilzerian is convicted of the charges against him for attempting to make a bomb, he could face up to 6 years in prison.
Bilzerian, who was released on bail, will appear in court on Jan. 9.
He posted a light-hearted response to his brief detention on Twitter, writing: "Jail - let's not do that again."
It is not his first brush with the law; earlier this year, he was threatened with a lawsuit when he allegedly threw a porn star off of a roof during a shoot for Hustler magazine, breaking her foot.
And, earlier this week, he was accused of kicking a woman in the face during the Art Basel art show in Miami.
According to eyewitnesses, Dan was dancing on a stage at the American nightclub when he kicked out at model Vanessa Castano, bloodying her eye.
But, on Twitter, Bilzerian denied the charges.
He wrote: “Actually 2 girls attacked a girl I was with to the point they gave her a black eye and threw her off the table and went after her, b/c they wanted to get closer to me."