Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has overturned the decision and Espinoza may face the state’s trial courts for an alleged crime back in 2014.

Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings

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