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Author Topic: [2016-09-20] Bitcoin is money, US judge says in case tied to JPMorgan hack  (Read 125 times)
sirohige
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September 20, 2016, 06:52:19 AM
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 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














 

 

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