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Topic: Bitcoin in the Courtroom - Yeah, Crypto Going Mainstream! - page 2. (Read 233 times)

hero member
Activity: 1022
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Haha, this is not how I want Bitcoin to go mainstream but yea, it counts. The whole situation here is pretty messy and I am sure, the judge is asking Daniel to repay the amount in dollars and not Bitcoin? Let me know If I am wrong. Also, I don't have any idea how Satoshi is being dragged into this conversation. It's just another scam case and this time, it was Bitcoin. Nothing extraordinary though.
Yeah this is not pretty exciting news for me, at least not to mentioned mainstream recognition, bitcoin have been in athe court room for a while now and each time, it all for the bad news, that is bitcoin being caught up as a tool by bad actors, just like in this case that bitcoin is being used for ponzi.

This is not how I want bitcoin to be recognised, because with this, there is nothing different from what the government have being claiming that bitcoin is a dark Web money movement tool.
copper member
Activity: 1470
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Bitcoin Bottom was at $15.4k
Haha, this is not how I want Bitcoin to go mainstream but yea, it counts. The whole situation here is pretty messy and I am sure, the judge is asking Daniel to repay the amount in dollars and not Bitcoin? Let me know If I am wrong. Also, I don't have any idea how Satoshi is being dragged into this conversation. It's just another scam case and this time, it was Bitcoin. Nothing extraordinary though.
legendary
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I know the government has recognized crypto for a while now, but this news shows that sooner or later, cases like these will become more common. For a lawyer or judge to make the right decision, they should first educate themselves about crypto. The fact that they're already studying it is a good step, as it will help regulators and other professionals better understand Bitcoin.

CANADIAN COURT ORDERS $1.2M REPAYMENT IN BITCOIN LOAN CASE

A court in British Columbia has ruled that Daniel Tambosso must repay Hung Nguyen $1.2 million for a loan of 22 bitcoins provided in 2021.

Nguyen, a real estate agent, argued that the loan represented his life savings, and Daniel's failure to repay has caused severe financial and mental distress.

Daniel claimed he was a victim of a Ponzi scheme and had borrowed the bitcoins to recover misappropriated funds linked to Satoshi Nakamoto.

The judge rejected this defense, citing basic contract law, and ordered Daniel to repay the loan.
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