Bitcoin Forum
May 14, 2024, 01:15:18 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-09-20] Bitcoin is money, US judge says in case tied to JPMorgan hack  (Read 197 times)
sirohige (OP)
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
September 20, 2016, 06:52:19 AM
 #1

 Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.

U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged operation of Coin.mx, which prosecutors have called an unlicensed bitcoin exchange.

Murgio had argued that bitcoin did not qualify as "funds" under the federal law prohibiting the operation of unlicensed money transmitting businesses.


http://www.cnbc.com/2016/09/20/bitcoin-is-money-us-judge-says-in-case-tied-to-jpmorgan-hack.html
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!