In the case between the United States and the defendant Larry Dean Harmon, court president Beryl A. Howell has ruled that Bitcoin is a form of money. As stated by Bloomberg, Howell, the term "Money" usually means a medium of exchange, method of payment or a store of value. Bitcoin is also included in this scope. " said.

The definition of Bitcoin as money came as part of the court's decision not to reject charges against Larry Harmon, who runs an unlicensed Bitcoin trading platform to launder money.

Peter Van Valkenburgh, research director of Coin Center, a Washington-based non-profit cryptocurrency and Blockchain-focused organization,

“The district court's decision means that Bitcoin is only dealt with in the context of DC's money transfer agencies. live. Such situations always arise because each state has almost its own definition of money transfer. ” He said.

Harmon's service on darkweb is claimed to be a way of hiding drugs, weapons and other illegal transactions from law enforcement. It is stated that the defendant made a transaction worth 311 million dollars between 2014-2017.

The court also rejected Harmon's request to release 160 BTC seized by the government.

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