A New
York judge says bitcoin is
money, two
months a
Florida judge ruled it wasn't
The legal debate over
bitcoin is getting tricky across state lines.*
Is
bitcoin money? A
judge in New
York on Monday
ruled it is.*
The ruling followed an
opposite conclusion in
Florida in July. A
judge in that state dismissed charges of illegally transmitting and laundering $1,500 in
bitcoin on the grounds that
bitcoin wasn't a currency.*
This time around, US District
judge Alison Nathan declined to dismiss charges against *Anthony Murgio for operating an unlicensed
bitcoin exchange. Murgio had argued to have his charges dismissed because bitcoins did **t qualify as "funds" **ted in federal law forbidding unlawful money transmitting,
according to Reuters.*
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