Michell Espinoza Case: Bitcoin Can't Be Considered as Money

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A second man, Pascal Reid, was also arrested. Reid has since been sentenced to probation for operating as an unlicensed money broker. The State had initially charged Espinoza as operating as an unauthorized “money transmitter,” but later amended the term to “a payment instrument seller.” A payment instrument, strictly speaking, refers to “a check, draft, warrant money order, traveler ... Florida has become a hot spot of Bitcoin-related news of recent. Last week, an attorney representing accused Bitcoin money-launder Pascal Reid challenged those charges on the grounds that Florida’s legal definition of money doesn’t apply to Bitcoin or any other virtual currency. Michell Espinoza and his associate Pascal Reid were arrested while making an exchange and charged with laundering and illegal selling of digital currency. Pascal Reid was sentenced to probation after he pleaded guilty. Michell Espinoza went to trial with the lawyers Prieto and Rene Palomino representing him, says the reports on a local news publication. 14 BTC & 95,000 Free Spins for every ... Michell Adber Espinoza (left), and Pascal Reid (right) were arrested in February 2014 for illegal money transmission and money laundering charges. In 2016 a Florida Judge dismissed the case on grounds that bitcoin was not money. Judge’s Ruling in the Espinoza Case Reversed and Requires Further Action Pascal Reid is accused of selling $25,000 worth of Bitcoin to an undercover Secret Service agent who claimed the proceeds came from credit-card fraud. Michell Abner Espinoza is accused of offering to sell roughly $30,000 to another agent, although he later backed out of the deal. Reid’s attorney, Ron Lowy, argued in a bail-reduction motion that no law was broken, and that prosecutors had no ...

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How To Mine Ethereum + PascalCoin With Claymore's Dual Miner

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