April 21, 2020, 1:51PM EDT
• 6 min read

A new money-laundering appeal opinion sheds light on the interstate nature of bitcoin transactions

Quick Take

  • Federal money laundering laws require a nexus to interstate commerce to sustain a conviction.
  • A new federal court of appeals decision involving alleged money laundering using bitcoin addresses this.
  • The court held that, in part, the act of transferring bitcoin on a peer to peer basis implicates interstate commerce and can be enough to trigger federal criminal laws

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