Government
Dec. 13, 2013
Federal prosecutors tread lightly amid Bitcoin's virtual explosion
Prosecutors and law enforcement have been cautious in assessing Bitcoin's appropriation in illicit transactions and practically silent about how to deal with increasing theft of the currency from both individuals and larger groups.
Daily Journal Staff Writer
As the virtual currency de jour, Bitcoin has exploded in value over the last year with investors of all stripes - from the notorious Winklevoss twins of Facebook fame to the weekend trader - looking to cash in on the cyber gold rush. Amid all the exuberance over the virtual currency, the federal government is taking a measured approach. Prosecutors and law enforcement have been cautious in assessing Bitcoin'...
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