Bitcoin 'not real money' says judge
Jul, 27, 2023
Hi-network.com
On a trial for illegally transmitting and laundering$1,500 worth of bitcoins to undercover agents who intended to use them to purchase stolen credit cards a Miami-Dade Circuit Judge Teresa Mary Pooler threw out all charges and has past the ruling in which she said bitcoin was not real money. Judge Pooler says that there was no financial transaction because Bitcoin is not money. 'Bitcoin is not, "backed by anything" and is "certainly not tangible wealth and cannot be hidden under a mattress like cash and gold bars.'