Breaking News
The Rockefeller Education Trap Feynman Escaped
THE AGENTIC BANK - How intelligent systems are redefining finance
This is a cataclysmic exit liquidity avalanche.
Michael Saylor, I am calling an emergency meeting.
Top Tech News
World's longest-range airliner takes to the skies
Batteries That Use Sodium Instead of Lithium Could Be Low-Cost Rival to Tesla's
Elon and SpaceX Have Made AI Training 10 Times Faster
Oklo COO Says Nuclear Waste Could Power America For 150 Years
SpaceX Announces LARGEST Starship Mission Ever! They've never done this before!
Cars Are Fast Becoming Dystopian Prison Pods...
Our Emergency Water Plan Wasn't Good Enough - So We Built This
Sodium Ion Batteries Can Reach 100 Gigawatt Per Hour Per Year Scale in 2027
Juiced Bikes proves capable electric motorcycles don't have to cost a lot
Headlight projectors turn your car into a drive-in theater
Us Federal Court Ruling -- Bitcoin Is a Form of Money
The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform.
In December 2019, a federal grand jury in the District of Columbia indicted Harmon for conspiracy to launder monetary instruments, in violation of state laws. However, Harmon moved to dismiss citing "failure to state an offence."
Harmon's move forced the court to determine if bitcoin met the definition of money for purposes of the District of Columbia's MTA.
In its conclusion, the court states:
"After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law."