Lowry v. Stotts

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding that the money laundering statute, 18 U.S.C. § 1956 , which prohibits \financial transactions\ involving property known to represent the proceeds of a crime, \is broad enough to encompass use of Bitcoins\
• holding that bitcoins are “funds” because they “can be either used directly to pay for certain things or can act as a medium of exchange and be converted into a currency which can pay for things”
• concluding that Bitcoin falls within the purview of 18 U.S.C. § 1956
• “One can money launder using Bitcoin.”

Source: CourtListener parenthetical corpus (CC0).