Bitcoin is money, rules US judge in case

posted by
September 21, 2016
Crypto Coins News    
Posted in News

"U.S. District Judge Alison Nathan in Manhattan has rejected Anthony Murgio's claim to dismiss two charges related to his alleged involvement of unlicensed bitcoin exchange In his bid, Murgio argued that bitcoin wasn't money and therefore doesn't fall under the purview of federal law of prohibiting any operation of an unlicensed money transmitting operation. Murgio was the former operator of now-defunct Florida bitcoin exchange He was arrested in July 2015 with the FBI pointing to his alleged violation of federal anti-money laundering laws. However, the judge rejected Murgio's claim." (09/20/16)  

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