Florida judge Theresa Mary Pooler dismissed criminal charges against bitcoin trader Michell Abner Espinoza, declaring that “bitcoin has a long way to go before it is the equivalent of money.”
The decision of the Miami-Dade Circuit Court may be of great importance to the status of bitcoin in the US. Bitcoiners have been waiting for the final verdict in the case The State of Florida vs. Michell Abner Espinoza for quite a long time.
Michell Abner Espinoza, a Local Bitcoins trader, was arrested on 6 February 2014 and charged with running an unauthorised money transmitter and money laundering. He sold $2,000 worth of bitcoin to an undercover detective and was conducting a $30,000 deal with him when arrested. The detective has said he was going to use bitcoin to buy stolen credit card numbers from Russian criminals but it did not stop Espinoza from trading with him.
http://www.coinfox.info/news/6003-miami-judge-bitcoin-is-not-money
Talk about a loophole.... jesus...
BTC is true money
USD is currency
#pineapples