Topic: Bitcoin now accepted for bail! (Read 96 times)
This has been discussed on this board already: https://bitcointalksearch.org/topic/bitcoin-btc-now-accepted-for-bail-at-federal-court-4912646. Maybe we can just continue the discussions there and lock this thread?
According to a report in a local newspaper [California], Daily Post published on 15th August, a 25-year-old Serbian-Italian national Martin Marsich was asked to pay for his bail in Bitcoin BTC or any other cryptocurrencies, at the San Francisco Federal Court, after being arrested for hacking a video game company.
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At the hearing, the Federal Judge Jacqueline Corley ordered Marsich to pay $750,000 in BTC or any other cryptocurrency to be released to a halfway house.
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Moreover, Simmons explained that the motive behind these kinds of bails is to convince the defendants to appear for another hearing at a later date.
Although the justification for this acceptance is to persuade the defendants to look in another session and does not mean the interest of the court in Bitcoin, it considered as an "Implicitly" recognition of bitcoin as a currency..
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At the hearing, the Federal Judge Jacqueline Corley ordered Marsich to pay $750,000 in BTC or any other cryptocurrency to be released to a halfway house.
.
.
Moreover, Simmons explained that the motive behind these kinds of bails is to convince the defendants to appear for another hearing at a later date.
There are some who say that the judges are allowed to ask for any guarantees, and therefore the news is meaningless.
Have we reached a stage "you can’t accept bitcoin, but you have to pay through it"?
I was surprised at the lack of FUD on this topic.
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