Federal court orders alleged hacker to pay for bail with cryptocurrency

[Joystiq]

Defendants in US federal court cases now have another option for staying out on bail: emptying their virtual wallets. A district court in San Francisco has

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alleged hacker Martin Marsich to pay the equivalent of $750,000 in cryptocurrency if he wants to live in a halfway house while facing trial. It's not clear if this is the first instance of an American court accepting digital currency for bail (Assistant District Attorney Abraham Simmons expressed doubt about it to the Daily Post). However, it's likely a novelty at the federal level.

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