08 Aug '13, 12am

A federal judge has ruled that Bitcoin is a legitimate form of "currency"

The digital currency Bitcoin gained a measure of legitimacy this week when a federal judge ruled in a fraud case that Bitcoins are "a currency or form of money" and are therefore subject to U.S. laws. The virtual currency has gained traction with investors during recent economic uncertainty in Europe. But frequent outages of Bitcoin exchanges -- blamed on hackers -- and volatile market trading have lead some to declare the currency unstable. Those investor concerns aside, U.S. District Court Judge Amos L. Mazzant ruled Monday that the virtual currency constituted a real-life form of currency in the case against Trendon T. Shavers, whom the SEC accuses of running a Bitcoin-inspired Ponzi scheme . Shavers, the founder and operator of Bitcoin Savings and Trust, raised at least 700,000 Bitcoin in investments, with promises of 7 percent weekly interest in 2011 and 2012, accordi...

Full article: http://news.cnet.com/8301-1023_3-57597505-93/bitcoin-is-a...

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Bitcoin is a legitimate form of 'currency,' a f...

news.cnet.com 08 Aug '13, 12am

The digital currency Bitcoin gained a measure of legitimacy this week when a federal judge ruled in a fraud case that Bitc...

US judge rules bitcoin ‘is a currency or form of money’

US judge rules bitcoin ‘is a currency or form o...

coindesk.com 07 Aug '13, 12pm

A judge in Texas has ruled that bitcoin is a currency or form of money, which gives the Securities and Exchange Commission...

Federal Judge Declares Bitcoin a Currency

yro.slashdot.org 07 Aug '13, 10pm

"An East Texas federal judge has concluded that Bitcoin is a currency that can be regulated under American Law . The concl...

A US federal judge has ruled that Bitcoin is a ...

rt.com 08 Aug '13, 12am

A US federal judge has ruled that Bitcoin, the decentralized digital currency, is a legally recognized tender. The determi...

A federal judge in Texas has determined that bi...

blogs.wsj.com 07 Aug '13, 11pm

You may not carry it in your wallet, but a federal judge in Texas has determined that bitcoin is indeed a form of money. B...

Federal Judge Rules Bitcoin Is Real Money

forbes.com 07 Aug '13, 6pm

It's actually money, says judge (and SEC) Trendon Shavers is accused of being the Bernie Madoff of Bitcoin. The SEC is goi...

Bitcoin Clampdown Continues As Federal Judge Sa...

techcrunch.com 07 Aug '13, 11pm

First, the Court must determine whether the BTCST investments constitute an investment of money. It is clear that Bitcoin ...

Federal judge: Bitcoin, “a currency,” can be re...

arstechnica.com 07 Aug '13, 4pm

In the case of a Texas man accused of massive Bitcoin-based fraud, a federal judge has ruled that bitcoins are “a currency...

Texas federal judge declares Bitcoin a currency...

engadget.com 07 Aug '13, 6pm

Bitcoin's been in the news a fair bit lately due to the uncertainties surrounding the Mt. Gox exchange , where one can tra...

US judge rules bitcoin is real money:

finextra.com 08 Aug '13, 9am

Last month the Securities and Exchange Commission charged Trendon Shavers with running a bitcoin Ponzi scheme through his ...

'Bitcoin is a currency': Federal judge says the...

nbcnews.com 08 Aug '13, 7pm

Shavers argues that the BTCST investments are not securities because Bitcoin is not money, and is not part of anything reg...

Bitcoin bonus in Ponzi-scheme case: Judge rules...

venturebeat.com 07 Aug '13, 5pm

“First, the Court must determine whether the BTCST investments constitute an investment of money. It is clear that Bitcoin...

Judge to Bitcoin: You Are Money

wired.com 08 Aug '13, 10am

Casascius Bitcoins, physical coins that represent digital currency. Photo: Mike Caldwell Trendon Shavers recently turned u...