Property or Not? Bitcoin Thieves Released Because “Bitcoin is Not Property”
A Russian Court recently ruled a Bitcoin theft case as innocent, stating that Bitcoin was not considered property. The victim sought restitution, after being robbed of 100 Bitcoins. If this case were to be tried in another country, the jurisdiction would have ruled it as a felony.
However, the Russian court dismissed the motion, stating that Bitcoin was a virtual currency and therefore does not enjoy the same property protection as other types of assets.
The Petrograd District Court of St. Petersburg argued that the culprit, Peter , was innocent and not charged for fraud. The pretext was that the court declared the claim to be unrecognized under Russian law since virtual currencies are not recognized in Russia.
Legal Reign- Politics
Russia’s blockchain e-voting platform for President Vladimir Putin’s proposed Constitutional amendments reportedly suffered a node attack recently. If the proposal is accepted, Vladimir Putin will be allowed to serve as Pr will allow Putin to serve as President until 2036.
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