Judge Rules Bitcoin Is Not Money!

In a case that has been watched closely by people in the cryptocurrency industry, Miami-Dade Circuit Judge Teresa Mary Pooler ruled that because you can’t stick it under your bed like cash or gold bars, Bitcoin isn’t “tangible wealth”. It’s an interesting case

Michell Espinoza is a website designer who was arrested when he tried to sell bitcoin to FBI and was subsequently charged with felony money laundering.

Read more here: http://www.miamiherald.com/news/local/crime/article91682102.html

Miami-Dade Circuit Judge Teresa Mary Pooler - Photo courtesy of Al Diaz / Miami Herald via AP