09 Aug '13, 8am

Bitcoin, you are money.

Casascius Bitcoins, physical coins that represent digital currency. Photo: Mike Caldwell Trendon Shavers recently turned up in a Texas courtroom, arguing that Bitcoin is not money. Well, it may have been his lawyer making the case. But you get the idea. The dispute started earlier this summer, when the SEC charged the 30-year-old Shavers with using the digital currency to run a Ponzi scheme that amassed the equivalent of about $5 million. But when the matter came before a court in the Eastern District of Texas, Shavers insisted that Bitcoin is not subject to regulation by the United States; that his now-defunct business, Bitcoin Savings & Trust, never saw any money change hands; and that the SEC therefore has no right to hit him with a lawsuit. The court did not embrace this idea. On Tuesday, Judge Amos Mazzant ruled that Bitcoin is indeed money. “It can be used to purchas...

Full article: http://www.wired.com/wiredenterprise/2013/08/court-says-b...

Tweets

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...

A judge says Bitcoin is money. Doesn't matter. ...

lfb.org 09 Aug '13, 3pm

“Bitcoin was designed to reduce transaction costs, and allows users to work together to validate transactions by creating ...

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 ...

Federal Judge Rules Bitcoin Is A ‘Form Of Money’:

Federal Judge Rules Bitcoin Is A ‘Form Of Money’:

houston.cbslocal.com 09 Aug '13, 3pm

MCKINNEY, Texas (CBS Houston/AP) — A federal judge rules this past week that Bitcoin is a “form of money.” U.S. Magistrate...

Court Rules Bitcoin Is Real Money

banktech.com 08 Aug '13, 3pm

A U.S. federal judge ruled yesterday that the virtual currency Bitcoin is real money and is subject to regulation by gover...

Federal judge: Bitcoin ‘can be used as money,’ subject to SEC

Federal judge: Bitcoin ‘can be used as money,’ ...

dailycaller.com 09 Aug '13, 1am

A federal judge ruled that Bitcoin, the fledgling online currency that has exploded in value since its initial introductio...

It's Not That Bitcoin Can Be Regulated As Money: It's That Now Bitcoin Will Be Regulated As Money: I'm slightl...

It's Not That Bitcoin Can Be Regulated As Money...

forbes.com 08 Aug '13, 1pm

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

'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...

Federal Court Rules That the Bitcoin Is Money

Federal Court Rules That the Bitcoin Is Money

infowars.com 10 Aug '13, 1pm

When the Securities and Exchange Commission (SEC) charged Trendon Shavers, the founder of Bitcoin Savings and Trust (BTCST...

Bitcoin

Bitcoin

bloomberg.com 08 Aug '13, 3pm

This week, a ruling by a federal judge in Texas was cause for optimism among a small group of technologically minded inves...

Bitcoin Declared Money By Federal Court (Video)

Bitcoin Declared Money By Federal Court (Video)

beforeitsnews.com 10 Aug '13, 1pm

This is a victory for those who want to get out of the “normal’ monetary system. A judge ruled in federal court that Bitco...

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...

Bitcoin = Money, Says Judge - MoneyBeat - WSJ v...

blogs.wsj.com 07 Aug '13, 6pm

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...

WealthCycles: Can Bitcoin Deemed ‘Real Money’ O...

silveristhenew.com 10 Aug '13, 5am

Be prepared for the next great transfer of wealth. Buy physical silver and storable food . A federal judge ruled this week...

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...