22 Aug No, you can’t actually make bail payments in cryptocurrency
[ad_1]
Earlier this month Serbian cyber criminal, Martin Marisch, received an order to make his bail payment in “Bitcoin or any other cryptocurrency.” However, in a recent turn of events, the courts have had to backpedal, and have denied Marisch the opportunity to front his bail in cryptocurrency.
After being found guilty of hacking internal computer systems at Electronic Arts, which saw him gain access to over 25,000 customer records and steal in-game items which totaled over $320,000 in value, Marisch was ordered to pay bail to the value of $750,000 in cryptocurrency.
However, as the courts tried to process the payment, they began to hit a number of hurdles and have decided to call it quits on trying to accept cryptocurrency as payment for bail, Market Watch reports.
It turns out that transferring a cryptocurrency payment to the courts is not as simple as it sounds.
For one, the courts were not prepared to receive the payment in cryptocurrency, and…
[ad_2]
Source link