Bitcoin is a legitimate form of ' currency, ' a. Bitcoin is a legitimate form of ' currency, ' a federal judge rules. Mazzant Referral Order ALM- 72- 3 Civil Actions Assigned to Judge Amos L. Mazzant, III District Judges.
Judge: Amos Mazzant Holding: Plaintiff' s Motion for Summary Judgment Granted The defendant founded Trust" from his McKinney, operated an unincorporated online investment scheme " Bitcoin Savings Texas home. Judge amos mazzant bitcoin. United States Magistrate Judge Amos Mazzant for the Eastern District of Texas ruled Tuesday that the US Securities despite existing only on the digital realm, Exchange Commission can proceed with a lawsuit against the operator of a Bitcoin- based hedge fund because . 7 million after the SEC proved that the company which sold investments using bitcoins was in reality a Ponzi ferral Order RE: Criminal Actions Assigned to Judge Amos L. In a ruling that may shape the future of bitcoin are in fact, the promise of digital currencies money. In the case of a Texas man accused of massive Bitcoin- based fraud form of money are therefore subject to relevant US laws. District Court Judge Amos L. Bitcoin Savings and Trust' s founder has been accused of running a Ponzi scheme. Magistrate Judge Amos Mazzant its owner, Trendon Shavers, ordered Bitcoin Savings , Trust to pay $ 40. The case revolves around Bitcoin Savings Trust ( BTCST) . Court officially declares Bitcoin a real currency. " Shavers also contends that his transactions were all Bitcoin transactions and that no money ever exchanged hands. District Court Judge Amos Mazzant presided over the case against Trendon Shavers, of Texas, who founded Bitcoin Savings , Trust U.
Mazzant ruled Monday that the virtual.
Bitcoin mazzant With physical
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities. The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin. Over the course of bitcoin' s history, it has undergone rapid growth. A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise.
It is often contrasted with fiat currency issued by governments or central many countries, the issuance of private paper currencies and/ or the minting of metal coins intended to be used as currency may even be a criminal act such as.
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Amos Louis Mazzant III ( born February 22, 1965) is a United States District Judge of the United States District Court for the Eastern District of Texas and former United States Magistrate Judge of the same court. Mazzant was born in Ellwood City, Pennsylvania. Mazzant Rules That Bitcoin is Money.
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Short and educational, guaranteed! Federal Judge Rules Bitcoin Is Real Money. " Shavers argues that the BTCST investments are not securities because Bitcoin is not money, and is not part of anything regulated by the United States, " writes Magistrate Judge Amos Mazzant of the Eastern District of Texas.