The ruling rejected the argument that the court lacked jurisdiction because transactions were denominated in bitcoin. It did not declare every bitcoin or bitcoin transaction a security; it addressed the investment contracts offered in the Shavers scheme.
All events
A U.S. court treats bitcoin investments as securities
A federal judge held that bitcoin could be used as money and that Bitcoin Savings and Trust interests could fall under securities law.
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IN THE SHOWThe Long Arm of the Law