In a landmark decision, a Florida judge dismissed charges of money laundering against a Bitcoin seller on Monday following expert testimony showing state law did not apply to the cryptocurrency. Michell Espinoza was charged
Florida Judge: ‘Bitcoin Isn’t Money Because It Can’t be Hidden Under A Mattress’
A Judge found that cryptocurrency, which is based on verified encrypted transactions that are recorded on a public ledger, did not constitute “tangible wealth” and“cannot be hidden under a mattress like cash and gold bars.
