Case Against Controversial Student Bitcoin Project Comes to Close

Case Against Controversial Student Bitcoin Project Comes to Close

The New Jersey Division of Consumer Affairs has settled with the developers behind Tidbit, a student hackathon project that experimented with bitcoin mining as an alternative to online advertising. Under the terms of the settlement, Tidbit's developers have agreed not to access New Jersey computers unlawfully for a period of two years. Should the developers be found in violation of the provision, a release from the government said they would be assessed a $25,000 penalty. The resolution marks the end of a controversial court case that began when MIT student Jeremy Rubin received a subpoena....


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