Currently viewing the tag: "bitcoin"

Prior to 2013, Silk Road was a popular online marketplace founded by Ross Ulbricht, known at the time as Dread Pirate Roberts. Rooted in anonymity and truly free exchange, law enforcement authorities targeted the site for facilitating an alleged trade in illegal drugs. After being raided by the FBI and other agencies in 2013, those agencies [...]

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Augur’s core developer, Joey Krug, said he joined the project because Augur could disrupt fields “ripe for disrupting.” He listed corporate governance, governments, healthcare, and the financial industry. So what is Augur and how is it poised to disrupt areas that intersect with the law?

Augur is a decentralized prediction market that anyone [...]

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Crime, Money Laundering, and Bitcoin?

On June 15, 2015 By William Roberts

Follow the money trail in an investigation of the crime, and more often than not you will solve the crime. Money is one of the biggest motivators of crime. From drug cartels to human trafficking, money is the primary incentive for a criminal enterprise to engage in crime. It has been estimated that 1.6 [...]

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Silk Road Recap

On March 10, 2015 By Michael Griffin

One month out, commentators are still digesting the conviction of Silk Road creator Ross Ulbricht. The case raises questions about the government’s investigations tactics, the lawyers’ trial strategies, and the broader implications for privacy, the internet, and the public.

As the JETLaw Blog previously reported, the Silk Road was intended to be a decentralized [...]

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Councilman Mark Levine (D-Manhattan) is introducing a bill that would allow New York City to accept the digital currency Bitcoin as payment for fines and fees, including parking tickets and court fees.

Levine expressed several justifications for the bill, citing its popularity among young, tech-savvy individuals. “Today you can buy almost anything [...]

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Microsoft recently announced that it would allow its digital content to be purchased with bitcoins. The change is limited in that it only opens Microsoft’s Windows, Windows Phone, and Xbox platforms to the new payment method, there is a daily exchange cap, and only US-based customers can make bitcoin payments. This means that Microsoft [...]

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Bitcoin Education Day on Capitol Hill

On September 5, 2014 By Brenan Salgado

The newly-enacted Chamber of Digital Commerce (CDC), a bitcoin lobbying group, brought more than thirty professionals from the bitcoin industry to Capitol Hill on August 29 in an effort to spread awareness about the digital currency.

The CDC’s goal is to provide information to lawmakers and the general public about the bitcoin technology in [...]

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Is Bitcoin the “it” Coin?

On July 3, 2014 By Brenan Salgado

Bitcoin has taken the spotlight in the world of cryptocurrencies. Whether it’s Bitcoin’s name or a little beginner’s luck, this first attempt at cryptocurrency appears to be working and its first-mover advantage is paying off.

It’s acceptance as a viable digital currency seems to be growing every day. Beginning with in January, [...]

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Monday Morning JETLawg

On February 17, 2014 By Bradlee Edmondson


Surveillance & Censorship:

The Washington Post reports that documents leaked by Edward Snowden show that the NSA received intelligence from Australia’s signals intelligence division on Chicago-based law firm Mayer Brown in relation to the firm’s representation of the Indonesian government in a trade dispute. In response, Indonesia’s foreign minister Continue Reading

Debit, Credit, or Bitcoin?

On February 6, 2014 By Lizzie Maratea

Will that be debit, credit, or bitcoin? Could bitcoin become that ubiquitous? Those wily Winklevoss twins and the rest of the Bitcoin community have been working to remove the stigma of illegitimacy from the virtual currency, but they want to do so without any additional “draconian” regulation that might interfere with its spread and use. [...]

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