Criminal Case Against Bitcoin Trader in Colorado Dropped
Following charges filed by the US Attorney's Office against Burt Wagner for operating an unlicensed money transmitting business in the state of Colorado in late 2014, the criminal case has been dismissed by a district court judge. Wagner faced up to five years in prison and a $250,000 fine if found guilty. However, Judge William Martinez issued an order to drop the indictment against the bitcoin trader and charges be dismissed "without prejudice" this week. Bitcoin Trader Charges. "I appreciate the US Attorney's Office doing the right thing and dismissing the criminal case against my....
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[UPDATE: CoinTelegraph has learned that all charges against Wagner have been dropped as of July 13. A document filed by US Attorney’s Office for the District of Colorado formally requested the District Court Judge handling the case, the Honorable William J. Martinez, to dismiss the case.] Bitcoin trader Burton Wagner has been arrested and may face 5 years in prison for his money transmitting activities dating back to 2012. The US Federal Prosecution accuses Wagner of operating without a money transmitting license in a state where such operation is punishable as a misdemeanor or felony. The....
Comments added from Brian Klein of Baker Marquart, Burt Wagner's attorney. An indictment against a Colorado bitcoin trader, Burt Wagner, has been dismissed "without prejudice" by a district court judge. Wagner had been charged by the US Attorney's Office for operating an unlicensed money transmitting business in the state of Colorado in late 2014. However, in a surprise turn of events, Judge William J Martinez issued an order to dismiss the case this Monday at its request. Brian Klein, Wagner's attorney, said in a statement: "I appreciate the US Attorney's Office doing the right thing and....
Bitcoin, guns, ammo, drugs, a long rap sheet…and anarchy. Not a good mix, as one recent criminal case out of Arizona has proven. A multi-agency federal task force raided local bitcoin trader, and anarchist blogger, Morpheus Titania’s apartment last week. Court documents, available online in electronic court filings and first reported by CoinDesk, demonstrate that US Magistrate Michelle Burns ordered Costanzo to remain in custody until his trial after a hearing. Costanzo is considered a “serious flight risk” thanks to a long history of criminal conduct and “a record of prior failure to....
Bitcoin and marijuana, at least in terms of US legal issues, have more in common than you might think. Consider the situation that has developed in the state of Colorado: on 1st January it became the first US state to allow the sale of recreational marijuana. Customers who can identify themselves as aged 21 or older can now walk into a dispensary and buy the drug in regulated quantities. The Colorado vote on legalization was pretty divisive. Source: Wikipedia. An increasingly informed and engaged populace is influencing trends like this one. The web, alongside mobile devices and social....
Colorado residents will be able to pay their state taxes in cryptocurrency by the middle of this year, according to the state’s governor. The governor also said that the objective is to eventually accept cryptocurrency for all payments made in the state. Colorado Moves To Adopt Crypto In an interview with CNBC on Tuesday, Gov. […]