Saturday, October 21, 2017
Home The Bitcoin News Economist Argues Bitcoin Isn’t Real Money in Miami Money Laundering Case

Economist Argues Bitcoin Isn’t Real Money in Miami Money Laundering Case

Bitcoin Watch Shop

Advertised sites are not permitted by us. They might be unsafe, untrustworthy, or bootleg in your jurisdiction.

An evidence being presented in an American courtroom will alarm many common clarity observers: bitcoin isn’t genuine money, so someone indicted of laundering it shouldn’t be convicted of income laundering.

This is a evidence that attorneys are regulating in seeking a Florida decider to boot income laundering charges opposite Michell Espinoza, a Miami male who military contend sole and laundered $1,500 value of bitcoins to clandestine detectives, according to The Miami Herald.

Economics Professor Testifies

Charles Evans, an economics highbrow during Barry University, behaving as a invulnerability witness, told a justice no executive supervision or bank backs bitcoin, law of bitcoin varies by jurisdiction, and a IRS considers bitcoin trades a same as bartering. Evans called bitcoin “poker chips that people are peaceful to buy from you.” The highbrow was paid $3,000 value of bitcoins for his appearance.

Espinoza’s lawyers, Prieto and Rene Palomino, wish a charges discharged given bitcoin


Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
BTC: 1FVCSiK2ErerjH1kBP4VLS5LqR3YzmVeXf
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824

Read previous post:
Alleged Dark Web Bitcoin Thieves Who Stole $6.6M Nabbed

It appears, once again, that the Dark Web and bitcoin aren’t untraceable. Just in case there was any doubt. A...

Close