RATE Group | Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin
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Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin

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Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin



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This week, Elias Valentin Smith, a 20-year-old man from New Zealand, successfully appealed his prison sentence for drug dealing with bitcoin as a teenager. This was despite the fact that the court system considered the use of bitcoin as a sign of criminal sophistication.

Also Read: Bitcoin Is Not Used by Organized Crime Says Hong Kong Government

Not Dark Enough Net

Young New Zealand Man Spared Jail for Dealing Drugs With Bitcoin Last month, Elias Valentin Smith of North Shore, Auckland, was sentenced to two years and three months in jail for fourteen drug-related charges by the Auckland District Court. On Tuesday his lawyer convinced the High Court that jail time was too harsh a punishment for the young man and the sentence was shortened to just eleven months under house arrest, as the New Zealand…

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