Judge Rules in Peer-to-Peer Bitcoin Lending Lawsuit

By June 18, 2015Bitcoin Business

A US judge has ruled that a Kentucky man must repay a loan he originally solicited in bitcoin.

Judge Frank Fletcher of the Breathitt County District Court, in an order signed 5th June, stated that Dennis Kerley must repay $67,591 on a loan he had received in bitcoin via the peer-to-peer (P2P) lending platform BTCJam .

The loan, dating back to December 2013, fell into default within a few months of receipt. The plaintiff in […]

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