Miami Judge Rules Bitcoin Is Not Money; Dismisses Money Laundering, Transmitting Charges

Miami Judge Rules Bitcoin Is Not Money; Dismisses Money Laundering, Transmitting Charges

Miami-Dade Circuit Judge Teresa Pooler has dismissed a money-laundering case involving an alleged “illegal sale” of bitcoins, after declaring that under the laws of the state, the digital currency is not considered to be a form of money. Defendant Michell Espinoza was arrested after being accused of selling bitcoins to undercover detectives who told him....


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