Bitcoin is money, US judge says in case tied to JPMorgan hack

  • Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.
  • U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged operation of Coin.mx, which prosecutors have called an unlicensed bitcoin exchange.
  • Murgio had argued that bitcoin did not qualify as “funds” under the federal law prohibiting the operation of unlicensed money transmitting businesses.
  • But the judge, like her colleague Jed Rakoff in an unrelated 2014 case, said the virtual currency met that definition.

Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co.
Continue reading “Bitcoin is money, US judge says in case tied to JPMorgan hack”

Bitcoin is money, US judge says in case tied to JPMorgan hack

  • Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co and other companies.
  • U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged operation of Coin.mx, which prosecutors have called an unlicensed bitcoin exchange.
  • Murgio had argued that bitcoin did not qualify as “funds” under the federal law prohibiting the operation of unlicensed money transmitting businesses.
  • But the judge, like her colleague Jed Rakoff in an unrelated 2014 case, said the virtual currency met that definition.

Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co.
Continue reading “Bitcoin is money, US judge says in case tied to JPMorgan hack”

ConsenSys uPort scoops first prize in International Blockchain Summit Demo Day

ConsenSys uPort scoops first prize in International #blockchain Summit Demo Day

  • Data from at least 500 million Yahoo (Hanover: YHO.HA – news) users was “stolen” during an attack in 2014, the internet company has said.
  • Britain expects to start the divorce procedure to leave the European Union early next year and may not need two years to negotiate a deal, Foreign Secretary Boris Johnson said on Thursday.
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  • LONDON (Reuters) – Britain scrambled Typhoon fighters from Scotland to intercept two Russian bombers near British airspace on Thursday, the Ministry of Defence said.
  • By David Ingram NEW YORK (Reuters) – U.S. Army soldier Chelsea Manning, serving 35 years in prison for passing classified files to WikiLeaks, was ordered to spend 14 days in solitary confinement as punishment for attempting suicide and keeping a banned book in her cell, supporters said.

The ConsenSys uPort team has won first prize in the International Blockchain Summit Demo Day in Shanghai.
Continue reading “ConsenSys uPort scoops first prize in International Blockchain Summit Demo Day”