3 ms·

I would think they were more interested in the products being sold as compared to the made-up currency that was being used to purchase said products. But I hav

• dragonwriter 13y ago
  > I would think they were more interested in the products being sold as compared to the made-up currency that was being used to purchase said products. I'm not talking about the SR related prosecutions, I'm talking about, among others, the ponzi scheme prosecution against Bitcoin Savings & Trust, where bitcoins were invested for promised returns in bitcoins in a ponzi scheme. (Though I misrecalled, and this prosecution was a civil prosecution by the SEC not the Justice Department; still, its a pretty strong indicator that the US federal government recognizes bitcoins as thing of value when it comes to the law regarding such things.)
  • talmand 13y ago
    That makes me wonder if, in that case, if the SEC would have to recognize some form of value to the bitcoins lost or is it enough that the victim feels there was value to the bitcoins lost. Just because the Feds may not recognize any value of an object you possess doesn't mean that another can simple take it on a whim. Things like bitcoin sure make for interesting legal debates.