Bitcoin Forum

Bitcoin => Press => Topic started by: zakoliverz on August 20, 2014, 08:07:39 AM



Title: [2014-08-20] Accused bitcoin exchanger loses bid to narrow criminal charges
Post by: zakoliverz on August 20, 2014, 08:07:39 AM
http://news.yahoo.com/accused-bitcoin-exchanger-loses-bid-narrow-criminal-charges-035038185--sector.html

NEW YORK (Reuters) - A Florida man accused of engaging in a scheme to sell more than $1 million in bitcoins to users of the illicit online marketplace Silk Road on Tuesday lost a bid to narrow his criminal case.

Robert Faiella, 54, who prosecutors say was an underground exchanger of bitcoins, had urged a New York federal judge to dismiss one of two counts against him, operating an unlicensed money transmitting business, because bitcoins are not money.