Judge Judy Just Doesn't Understand Bitcoin
Judge Judy is arguably the face of daytime justice. Those of us who have worked from home, gone through a period of unemployment, or maybe just taken a day off likely have a story of turning on the television to see Judy Sheinlin stare down some unsuspecting defendant from her short-rimmed glasses with an angry and accusatory look, haranguing them for their less-than-stellar behavior. No doubt, Scheindlin is a smart woman who can figure out just about anything in the eyes of the court. Recently, however, she came across something that she admits to knowing nothing about: Bitcoin.....
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It seems Judge Judy had an eBay scam to deal with on her show, and it involved Bitcoin. While talking with the prosecuting party, she wants to know all about the case, and she heard from the defendant something about Cryptocurrency. This “Bitcoin” she says is something you could talk for a day about, and she wouldn’t have a clue. The snippy TV Judge has....
Long-running arbitration reality TV show Judge Judy featured a case earlier this week involving a bitcoin trader and allegations of payment fraud. The episode, dated 12th November, concerns a man named Dan Haahr who claimed to have been defrauded while trying to purchase a truck over eBay. Haahr, who sought $2,000 in damages, alleged Marlon Koland of being part of a scheme to steal his money - a charge Koland, a bitcoin trader from Oregon, denied. Haahr claimed that those behind the scam created a fictitious eBay front through which a bank account number tied to Koland was provided. He....
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A U. S. District Judge has disagreed with arguments that bitcoin doesn't qualify as money in an ongoing case relating to 54-year-old Florida man Robert Faiella. Faiella's legal counsel had attempted to make that cause that the defendant should have one of two charges against him dismissed (operating an unlicensed money transmitting business) because, well, bitcoin isn't money. But the Judge, Jed Rakoff, swatted down the argument, stating that bitcoin "clearly qualifies as 'money' or 'funds,'" by definition. "Bitcoin can be easily purchased in exchange for ordinary currency, acts as a....