16 Aug '13, 5pm

Judge rules: Bitcoin is real currency

Bitcoin — the volatile online currency — has been ruled “real” by a federal judge, as a part of a case against an online fraudster involving Bitcoin. The ruling puts Bitcoin in the category of commodity money, like, say, gold and silver functions (they need no national function or third-party institution or treasury.) As the U.K.’s Independent noted : A document signed by U.S. magistrate judge Amos L.Mazzant on 6 August details a U.S. regulator’s case against Trendon Shavers, the operator of a suspected “ponzi” or pyramid scheme. Mr Shavers sold Bitcoin investments online, offering artificially high interest rates. The Securities and Exchange Commission (SEC), the body that polices securities markets, has charged Shavers, founder and operator of Bitcoin Savings and Trust (BTCST), with defrauding investors after it emerged that the Texan was offering returns of 7 per cent i...

Full article: http://www.salon.com/2013/08/16/judge_rules_bitcoin_is_re...

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Bitcoin is a currency, rules US judge

Bitcoin is a currency, rules US judge

independent.co.uk 16 Aug '13, 1pm

The landmark ruling opens the way for US regulators to sue a suspected fraudster, who is accused of misleading investors i...

Bitcoin is a currency, rules US judge | EpicTimes

Bitcoin is a currency, rules US judge | EpicTimes

epictimes.com 17 Aug '13, 5pm

Bitcoin is a currency, rules US judge Tags: #MoneyMatters Share A document signed by US magistrate judge Amos L.Mazzant on...

Bitcoin Boom? Us fears digital currency may hit...

youtube.com 16 Aug '13, 8am

The US is becoming increasingly concerned over virtual currencies, launching broad investigations into Bitcoin and the lik...

Bitcoin never to become a global currency, nothing backs it up

Bitcoin never to become a global currency, noth...

rt.com 16 Aug '13, 2pm

“Traditional currency isn’t necessarily losing its position. I just think that things are tending to even out across the g...

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 ...

The BIG Problem Behind a Federal Judge's Ruling...

economicpolicyjournal.com 09 Aug '13, 8pm

Wikipedia calls Bitcoin a cryptocurrency (a currency that relies on cryptography), but now it’s official. A federal judge ...

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 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...

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 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...

Federal Judge Rules Bitcoin a Legitimate Curren...

intellihub.com 11 Aug '13, 3pm

In his defense, Trendon said “Bitcoin is not an actual currency”. In an ironic retort to succeed in prosecuting this man, ...

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 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...

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...