Amicus Brief Filed By Bitcoin Foundation Criminal Case

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Thank you for signing up. Sorry, it looks like an error occurred. A Florida bitcoin money laundering case may test whether current laws can be adapted to digital payments. Florida has become the first US state to bring criminal pascal reid bitcoin chart laundering charges in a case involving the virtual currency bitcoin. Police found them by trolling a bitcoin exchange website and posed as credit card thieves looking to launder their illegal proceeds. The two men have both pleaded not guilty and their lawyers hope to get the charges thrown out because unregulated bitcoins are not money as defined by law.

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Updated Updated 10 April It's a case that could test whether current law can adapt to new digital forms of payment. Miami-Dade County prosecutors say the money laundering pascal reid bitcoin chart fit the alleged crime. Law enforcement agencies are closely watching bitcoins for signs of illegal activity. News to your inbox Sign up now for the latest news from Australia and around the world direct to your inbox.

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