NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions

Judge Judy Just Doesn’t Understand Bitcoin

NewsBTC
NewsBTC
Last Updated: June 11, 2024 1:28 pm
2 mins read
judge judy does not understand bitcoin. newsbtc bitcoin news

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Judge Judy is arguably the face of daytime justice. Those of us who have worked from home, gone through a period of unemployment, or maybe just taken a day off likely have a story of turning on the television to see Judy Sheinlin stare down some unsuspecting defendant from her short-rimmed glasses with an angry and accusatory look, haranguing them for their less-than-stellar behavior. No doubt, Scheindlin is a smart woman who can figure out just about anything in the eyes of the court. Recently, however, she came across something that she admits to knowing nothing about: Bitcoin.

Everybody’s favorite morning judge shouldn’t feel too guilty or embarrassed. She’s likely in the majority. Most Americans admit to knowing little to nothing about Bitcoin, despite the fact that it’s been around for the past seven years; heck, it’s not uncommon to come across older folks who are still learning the ins and outs of email. That said, it’s still surprising in its own right—as a former New York prosecutor and Manhattan-based judge, you’d think Ms. Judy Sheinlin would know something, especially as she hails from the home of the dreaded BitLicense.

Scheindlin’s case involved Dan Haahr, a man who was claiming fraud charges against Marlon Koland, a Bitcoin trader from Oregon. Koland explained in the episode:

“I make a living day trading Bitcoin, which is a decentralized digital currency. The only thing I can compare it to is Internet cash.”

Haahr—who was seeking approximately $2,000 in damages—claimed that while looking to purchase a truck on eBay, he became the victim of Koland, the alleged mastermind behind a scheme designed to steal his funds. Haahr further claimed that the eBay page advertising the truck was false and was likely created for the purpose of scamming customers. Koland’s bank account was tied to the page, and Haahr arrived at the notion that Koland’s motives were fraudulent upon speaking with a legitimate eBay representative.

Koland denied the claims, saying that he had been taken by someone wanting to purchase bitcoins from him. He said that the banking information he provided was later used to solicit funds from Haahr and that he was the unfortunate man-in-the-middle. Unfortunately for Koland, he had no proof that his bank account—which had only been open for a month before shutting down—was ever closed due to alleged fraud activity. In the end, Scheindlin sided with Haahr, awarding him the damages he sought and giving him peace of mind. Following the episode’s conclusion, Judge Judy boisterously admitted that she doesn’t fully understand Bitcoin, saying:

“Mr. Koland says that he, too, was a victim. He was trying to deal with something called Bitcoin, which I don’t understand. If you tried to explain it to me from today to tomorrow, I still wouldn’t get it.”

To see the full episode, click here.

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Comments 7

  1. Bella Miner says:
    10 years ago

    At least she admits it’s over her head.
    It is a bit disturbing though that a Judge cannot understand a simple ledger.

    Reply
    • zenblocks says:
      10 years ago

      She does that allot actually. I’ve seen her on more than one occasion say something similar. What’s even more shocking is that a Judge wouldn’t understand the probability of a bank account being used for fraud. Technically she’s note a judge anymore, just on a side note.

      Reply
      • thirdalbum says:
        10 years ago

        She may understand how such a scam may work, but the TV show demands that a judgement be made, and she has to review the case based on the evidence presented. Judges are not hired to theorise.

        Reply
      • DougNJ says:
        10 years ago

        She does realize accounts might be used for fraud. Why she required bank proof of fraud, not just the guy’s say-so. He produced no such proof, too bad.

        Reply
    • thirdalbum says:
      10 years ago

      When people hear “Bitcoin” they think “scary geeky highly-technical money”. Most people don’t know that Bitcoin is basically a ledger, and never expect that Bitcoin can be described pretty easily.

      Many people also think that they need to understand how Bitcoin works in order to even start using it.

      It’s not that Judge Judy doesn’t understand a ledger, she doesn’t even know that Bitcoin is a ledger. Nobody has told her what Bitcoin is.

      Reply
    • Random guy says:
      10 years ago

      I have a 148 IQ and i dont even understand your comment-I own and use Bitcoin though.

      Reply
  2. Peter Kropotkin says:
    10 years ago

    She was always an utter joke anyway.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 7

  1. Bella Miner says:
    10 years ago

    At least she admits it’s over her head.
    It is a bit disturbing though that a Judge cannot understand a simple ledger.

    Reply
    • zenblocks says:
      10 years ago

      She does that allot actually. I’ve seen her on more than one occasion say something similar. What’s even more shocking is that a Judge wouldn’t understand the probability of a bank account being used for fraud. Technically she’s note a judge anymore, just on a side note.

      Reply
      • thirdalbum says:
        10 years ago

        She may understand how such a scam may work, but the TV show demands that a judgement be made, and she has to review the case based on the evidence presented. Judges are not hired to theorise.

        Reply
      • DougNJ says:
        10 years ago

        She does realize accounts might be used for fraud. Why she required bank proof of fraud, not just the guy’s say-so. He produced no such proof, too bad.

        Reply
    • thirdalbum says:
      10 years ago

      When people hear “Bitcoin” they think “scary geeky highly-technical money”. Most people don’t know that Bitcoin is basically a ledger, and never expect that Bitcoin can be described pretty easily.

      Many people also think that they need to understand how Bitcoin works in order to even start using it.

      It’s not that Judge Judy doesn’t understand a ledger, she doesn’t even know that Bitcoin is a ledger. Nobody has told her what Bitcoin is.

      Reply
    • Random guy says:
      10 years ago

      I have a 148 IQ and i dont even understand your comment-I own and use Bitcoin though.

      Reply
  2. Peter Kropotkin says:
    10 years ago

    She was always an utter joke anyway.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

JemLit (5)

Γιορτινές αγορές χωρίς ρίσκο: Πώς το Jemlit ενώνει Χριστούγεννα, Πρωτοχρονιά και έξυπνα δώρα

Οι γιορτές είναι συνδεδεμένες με χαρά, ξεκούραση και στιγμές με αγαπημένα πρόσωπα, όμως για πολλούς συνοδεύονται και από άγχος. Οι...

Ανθή Ντόνκοβα 1 hour ago
Ставка на апгрейд Биткоина: инвесторы перекладываются в Bitcoin Hyper

Ставка на апгрейд Биткоина: инвесторы перекладываются в Bitcoin Hyper

Биткоин к середине декабря 2025 года снова торгуется в режиме «нервного ожидания»: после октябрьского пика рынок увидел заметную коррекцию, а...

Марина Орлова 1 hour ago
Tο Bitcoin

Το Bitcoin μπορεί να φτάσει τις $140.000 μέσα στις επόμενες 180 ημέρες

Η συζήτηση γύρω από το αν το Bitcoin μπορεί να κινηθεί ξανά προς ιστορικά υψηλά επανέρχεται δυναμικά, με νέες αναλύσεις...

Ανθή Ντόνκοβα 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Fusaka Upgrade, ETHB’s SEC Review en Nieuwe ATH

Ethereum 2026: Fusaka Upgrade, ETHB’s SEC Review en Nieuwe ATH

Lars Diederiksen 16 minutes ago
Bitcoin

Why Did The Bitcoin, Ethereum, And XRP Prices Crash, And Will It Continue?

Scott Matherson 1 hour ago
CoinPoker подписал Ника Эйрболла: новый амбассадор хайстейкс-покера и розыгрыш $13 500

CoinPoker подписал Ника Эйрболла: новый амбассадор хайстейкс-покера и розыгрыш $13 500

Марина Орлова 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展開は?落ち着いた相場が示す潜在的な転換点

    ドージコイン...

    2 hours ago
  • リップル 今後のXRP価格予想(2025年):ETF資金流入の拡大とXRPL v3.0.0導入の影響

    リップル...

    2 hours ago
  • MaxiDoge Crypto

    仮想通貨...

    2 hours ago
  • 仮想通貨 1000倍候補?Bitcoin Hyperが専門家に「爆発的成長」を予想される理由とは

    ico 仮想通貨の長期視点で注目されるBitcoin...

    2 hours ago
  • Best Meme Coin

    仮想通貨...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.