Meldon Law

Apr 04
                                   BITCOIN, EXPLAINED

              

 
Over 400 years ago Turkish traders introduced the brightly colored Tulip flower to the Dutch and all the Germanic people wanted to get their hands on this “rare” commodity. The spark of Tulip mania or as the Dutch refer to as, “tulpenmanie,” is very similar to today’s Bitcoin rage: they’re novel, a limited supply, and potential for great wealth. During this era, the tulips contracted a “virus” called mosaic which didn’t kill or damage the tulip population per-say; but acted as a catalyst transforming their petals into flame-like colors. The color patterns varied which increased the rarity of an already unique flower. In turn, the tulips which were already selling at a premium began to rise according to the mosaic virus’s alterations and soon, everyone began to grow and deal in tulip bulbs in hopes to acquire great wealth. In essence, they were speculating on the tulip market which was believed to have no limits. The market-moving, bulb-buyers began to fill up inventories for the growing season which further depleted supply and increased the scarcity and demand. Soon, prices were rising so fast that people were trading their land, life savings, and anything else they could liquidate to get their hands on more tulip bulbs. Their dreams were not unwarranted as the originally overpriced tulips enjoyed a twenty-fold increase in value….in one month!… Sound familiar?
 
Bitcoin is a modern-day phenomenon championing to be “the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” Whether it is the public’s distrust of the banking industry after what occurred in 2008 or the United States’ government’s reckless spending habits, many believe and are hoping that digital, cryptocurrency remedies these systemic, ever-lingering problems. Just like the Dutch in the 1500’s, speculators are buying up Bitcoin to strike it rich; and like the Dutch, the numbers support their belief. Let this statistic marinade for a bit: If you were to make a $1,000 investment in Bitcoin in July 2010, that $1,000 would be worth more than $258 million in January 2018! In 2017 alone, Bitcoin has enjoyed gains exceeding 1,600%.
 
Users of the Bitcoin network use “Bitcoins,” a form of “cryptocurrency,” which in contrast to traditional forms of currency, Bitcoins are not issued by any government or central banking authority like the federal reserve. Instead Bitcoin’s are created by ‘mining;’ a process where ‘miners’ receive transaction fees and newly minted Bitcoins (fractions of Bitcoin) in return for verifying and recording payments on a public ledger called a “blockchain.” This blockchain keeps track of every bitcoin created and the person who owns it. Theoretically, this prevents hyperinflation as more Bitcoins cannot be created out of thin air like the US treasury.
 
Bitcoin advocates campaign the possibility that, “Bitcoin will be the future of currency,” while skeptics denounce cryptocurrencies making propositions such as, “But what is a bitcoin worth? You can’t buy things with it in the regular marketplace and has no inherent value.” While both arguments may have merit, it is undeniable the United States Government recognizes Bitcoin and cryptocurrencies.
 
For federal income tax purposes, the Internal Revenue Service (IRS) treats bitcoins as property and advises taxpayers that “general tax principles applicable to property transactions apply to transactions using virtual currency.”(IRS Notice 2014-21) In the criminal sector, Bitcoin is more akin to a currency which the government prosecute an individual for using cryptocurrency for money laundering. By way of example, in United States v. Ulbricht, 31 F. Supp. 3d 540 (S.D.N.Y. 2014), the “dark-web” owner of “Silk Road” whereby people from all over the world used the website as a channel or exchange to purchase illegal drugs online. Ulbricht was indicted for among other things, a money laundering conspiracy pursuant to 18 U.S.C. § 1956 stating in part, “Whoever, knowing that the property involved in a financial transaction represents the proceeds of some form of unlawful activity, conducts or attempts to conduct such a financial transaction which in fact involves the proceeds of specified unlawful activity.” A necessary component of such a claim is the existence of a financial transaction. The Ulbricht Court interpreted the terms “financial transaction” and “monetary instrument” finding that “one can money launder using Bitcoin.” Moreover, the court stated:
 
Bitcoins can be either used directly to pay for certain things or can act as a medium of exchange and be converted into a currency which can pay for things. Indeed, the only value for Bitcoin lies in its ability to pay for things–it is digital and has no earthly form; it cannot be put on a shelf and looked at or collected in a nice display case. Its form is digital–bits and bytes that together constitute something of value. And they may be bought and sold using legal tender. Sellers using Silk Road are not alleged to have given their narcotics and malicious software away for free– they are alleged to have sold them. The money laundering statute is broad enough to encompass use of Bitcoins in financial transactions. Any other reading would–in light of Bitcoins’ sole raison d’etre–be nonsensical.”
 
Another criminal example can be seen in, United States v. Murgio, 209 F. Supp. 3d 698 (S.D.N.Y. 2016). There, Defendants were charged with the operation of an unlicensed bitcoin exchange in violation of 18 U.S.C. § 1960 which criminalizes the operation of unlicensed money transferring businesses. The statute defines “money transferring” to include the transfer of “funds on behalf of the public by any and all means.” Notably, the Murgio Court concluded that Bitcoins are indeed funds and the Defendants could be prosecuted accordingly.
 
Some Florida state courts, however, have interpreted Bitcoin differently found that Bitcoins are not currency or monetary instruments. In State of Florida v. Michell Abner Espinoza out of the 11th Circuit in Miami-Dade County, a defendant was charged with unlawfully engaging in a “money services business” and two counts of money laundering. The court ultimately dismissed the State’s charging document (“information”) and held that Bitcoins lack fundamental or inherent traits of money or currency. The court stated that Bitcoin may have some attributes in common with what we commonly refer to as money, but differ in many important aspects. “While Bitcoin can be exchanged for items of value, they are not a commonly used means of exchange. They are accepted by some but not by all merchants or service providers. The value of Bitcoin fluctuates wildly and has been estimated to be eighteen times greater than the U.S. dollar. Their high volatility is explained by scholars as due to their insufficient liquidity, the uncertainty of future value, and the lack of a stabilization mechanism. With such volatility, they have a limited ability to act as a store of value, another important attribute of money. Bitcoin is a decentralized system. It does not have any central authority, such as a central reserve, and Bitcoins are not backed by anything. They are certainly not tangible wealth and cannot be hidden under a mattress like cash and gold bars. This Court is not an expert in economics, however, it is very clear, even to someone with limited knowledge in the area, that Bitcoin has a long way to go before it is the equivalent of money. The Florida Legislature may choose to adopt statutes regulating virtual currency in the future. At this time, however, attempting to fit the sale of Bitcoin into a statutory scheme regulating money services businesses is like fitting a square peg in a round hole.”
 
Whether you are a skeptic or champion of Bitcoin, it is irrefutable that given the amount of government-backed currency invested or traded for these, “imaginary coins,” both civil and criminal legal issues will arise across various legal fields, from fraudulent transfers in divorce and bankruptcy to criminal cases of money laundering. With blockchain based cryptocurrency reaching an 800 billion market-cap in 2018, some investors have ‘struck oil.’ Whether Bitcoin is the next bubble to burst like “tulip mania,” .com, or housing crisis is to be determined; however, what is certain is that new legal issues are on the horizon in both the Civil and Criminal Courts.
Mar 10
 
If you are arrested on suspicion of driving under the influence (DUI), you will be held in jail for up to eight hours until officers believe you are no longer impaired. Often, you will leave jail with a court date for you first hearing regarding DUI charges. In other situations, however, you may leave jail with no information and wonder whether you will be charged with an offense at all. It’s important to know that authorities have a specific amount of time in which to charge you with a crime, called the “statute of limitations.” Until the statute of limitations for your particular offense is up, you can still receive charges and a summons to court in the mail.
 
A South Florida woman who is accused of killing an off-duty Fort Lauderdale police officer while driving drunk recently learned how long it can take to be charged. The accident in question happened in August of 2016 and the woman lived and worked as usual for over a year. In October of 2017, however, she was arrested and charged with multiple offenses regarding the accident including DUI manslaughter. Her case is pending.
 
If you are released from jail without any indication of charges or a court date, do not think think you got off scot-free. The is a good chance you will receive a summons in the mail and you should be prepared. You should discuss any DUI arrest with an experienced Fort Lauderdale DUI defense attorney as soon as possible.
 
TIME LIMITS FOR DUI CHARGES
 
Like any type of legal case, the statutes of limitations for filing a criminal complaint in Florida varies depending on the type of case – specifically, the severity and nature of the crime. For example, the following are some time limits for criminal charges in Florida:
 

First-degree misdemeanor = Two years
Felonies (other than first-degree) = Three years
First-degree felonies = Four years
Felonies that resulted in the death of another person = No time limit

A DUI charge can be either a misdemeanor or a felony depending on several factors including whether you had prior DUI convictions on your record, whether you caused serious injury, and more. For a first offense, the prosecutor will generally have two years to charge you. In the above-mentioned case, there would have been no statute of limitations because the alleged offense involved a fatal accident.
 
Even if you are not immediately charged with DUI, your license can still be suspended by the Florida Department of Safety and Motor Vehicles. This administrative license suspension will need to be handled separately from any criminal case and there are strict time limits to fight the suspension, so you should always call a skilled defense attorney right away after an arrest.
 
CONTACT A FORT LAUDERDALE DUI DEFENSE LAW FIRM TODAY
 
At Meldon Law, we handle all aspects of cases for clients who have been accused of DUI. We can start building your defense from the moment of your arrest, so please do not wait to call our Ft. Lauderdale DUI defense lawyers at 888-441-2213 or contact us online. 
Feb 25

    SINGLE-CAR CRASHES – NOT ALWAYS THE DRIVER’S FAULT

                             

There was a grisly scene on Florida’s Turnpike in nearby Lauderhill at 5:00 a.m. on January 14th. Emergency crews responded to a crash report and had to remove the roof of the vehicle to free the driver trapped inside. The driver was then taken by helicopter to Broward Health Medical Center and reports indicated the unidentified driver was “seriously hurt.”

Authorities did not yet report a suspected cause of the single-car crash but in these situations, it is all too easy to assume that the driver was somehow at fault as no other vehicles were involved. However, in many single-car crashes, another party is to blame and it requires some investigation to determine liability for the crash.

OUTSIDE CAUSES OF SINGLE-VEHICLE ACCIDENTS

Whether someone crashes a car, truck, motorcycle, or even a bicycle, determining the cause of the single-vehicle accident can be more complicated than you may believe. The following are some outside factors that may cause someone to crash:

  • Road hazards – If a driver suddenly hits a large pothole or another hazard in the road, it can cause them to lose control of their vehicle and crash. This is a particular risk for lighter vehicles such as motorcycles or bicycles. Similarly, if a road was designed poorly, had an improper speed limit for certain turns, or did not have the necessary warnings signs for potential risks, a driver can crash if they are unknowingly going to fast or are unaware of hazards.
  • Vehicle malfunctions – If the brakes, tires, or other critical vehicle parts suddenly malfunction, a driver can also lose control. Such malfunctions often occur because a manufacturer sold a defective vehicle part in the first place.
  • Other drivers – Just because another driver does not crash does not mean that they were not involved in causing the accident. Drivers can run others off the road or cause another driver to suddenly swerve and thereby lose control. In many cases, the driver who acted negligently may not even realize they caused a crash and may simply keep driving, which often means they will not be identified.

The major issue after a single-car crash is how an injured accident victim will obtain financial recovery for their medical bills and other losses. An experienced personal injury attorney can evaluate your best options based on what happened, which may include:

  • A claim with your Personal Injury Protection (PIP) insurance 
  • A claim with your uninsured motorist insurance 
  • Filing a legal claim against the city or state agency responsible that neglected roadway maintenance 
  • Filing a products liability claim against a negligent manufacturer that sold a defective vehicle part 

FIND OUT HOW A FORT LAUDERDALE CAR ACCIDENT ATTORNEY CAN HELP YOU

While single-car accident cases can be complex, it is possible for injured drivers to receive compensation for their injuries and losses. At Meldon Law, we handle all types of car accident cases and can advise you of your rights and legal options. Please call 888-447-4429 or contact us online to set up a free consultation with a Ft. Lauderdale car accident lawyer today.

Sep 12
                                                  
 
At Meldon Law, we are dedicated to use our experience, resources, and time to fight for Justice for victims of accidents and the rights of individuals charged with DUI and other criminal offenses.
 
Most Florida accident victims and those arrested for DUI want their questions answered and their options explained to them with respect, understanding, and in terms they can understand. My dedicated and innovative team of experienced accident attorneys and criminal defense attorneys and I, Jeffrey Meldon, do just that. In addition, we add the personal attention that any individual who has been seriously injured deserves. Feel free to contact us and find out how we can help you regain your peace of mind and get you started on the right track towards justice and recovery.
 
At Meldon Law, our car accident lawyers have helped many injured victims in and around Ocala and we can help you recover for your injuries. If you would like to discuss your car accident, please do not hesitate to contact our skilled legal team today. At Meldon Law in Ocala, our personalized and committed approach to every case helps us best represent the rights and interests of our injured car accident clients. We understand how significantly your injury can affect your life and know that the last thing you need is added stress from your financial losses or legal case. Our car accident attorneys will handle every step of your claim so that you can focus on your physical and emotional well-being.
 
The experienced personal injury lawyers at Meldon Law in Ocala are committed to helping victims of accidental injuries recover for their losses whenever they can. If you would like to learn about your legal rights following a personal injury, please call our office today to discuss your specific situation with an experienced member of our legal team.
 
The attorneys at Meldon Law know that you have many different options when it comes to hiring an attorney to defend against your DUI charges. For this reason, we always strive to stand out from the rest by providing the highest quality of defense representation possible. It is important to realize that not every criminal defense lawyer is familiar with DUI defense, so you should always seek assistance from a lawyer who has specific experience handling DUI cases. Our team of attorneys have six decades of combined experience defending against DUI charges in and around Ocala and you can count on us to dedicate all necessary resources to helping you.

PRACTICE AREAS:
Ocala Personal Injury Attorneys
Ocala Car Accident Attorneys
Ocala Motorcycle Accident Attorneys
Ocala Truck Accident Attorneys
Ocala DUI Attorneys
Ocala Premises Liability Attorneys

CONTACT:
Meldon Law
121 NW 3rd St
Ocala, FL 34475
Phone: (352) 629-5700
Fax: (352) 373-8400
Toll Free: (888) 458-1482
Email: jmeldon@meldonlaw.com
Website: http://www.meldonlaw.com/offices/personal-injury-dui-lawyers-in-ocala-fl/

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Gainesville Medical Malpractice Attorney Reviews Why Medical Malpractice Caps Exist – A Historical Pererpective
Gainesville And Ocala Med Mal Lawyer Explains The Risks Involved In Hip Replacement Surgery
Manufacturing Vs. Design Defects – Gainesville Medical Malpractice Lawyer Explains The Difference

Premises Liability Accidents
What Is Negligence? Gainesville Accident Attorney Explains
Gainesville Accident Attorney Gives Examples Of Attractive Nuisance In Florida
Landlords Beware: You May Be Liable For Florida Dog Bite Injuries
Owners Face Strict Liability For Dog Bites In Florida
Potential Effects Of Florida Dog Bites: From Rabies To Death
Understanding Negligence Per Se | Following A Florida Dog Bite Attack

Recalls & Defective Products
Some Facts And Information About Chinese Drywall

COMMUNITY:
Meldon Law In The Community
Arc Of Marion’s 3rd Annual Ocala Bike Fest
Spirit Of The Automobile
Casino Royale 007
Meldon Law Joins King Of The Wing
Career Day At The Pace Center For Girls
Meldon Law Gives Back For The Thanksgiving Holiday
Young Professionals Look To Lead Through Service Within The Local Community
Attorney Jeffrey Meldon Accepts The Als Ice Bucket Challenge
On Air Interview With Jordan Thorp, Miss Gainesville’s Outstanding Teen 2014
The Meldon Law Team Is Seeking Your Help In The Fight Against Hunger!
Meldon Law Team Takes Part In Relay For Life Gainesville
Pledge 5 Foundation’s Continuum 5k9 Run
Attorney Jeffrey Meldon Attends The 2014 Aipac Policy Conference
Jewish Student Community Center Expands At The University Of Florida
The Meldon Law Team Goes Red For National Wear Red Day!

VIDEO CATEGORIES:
Big Truck Accidents
Been Injured In An Accident With A Big Truck? Get Help Today! Gainesville & Ocala Truck Attorney Gives You The Facts
Help With A Big Rig Crash. Gainesville And Ocala Truck Attorney Gives The Facts

Car And Motorcycle Accidents
Bad Faith Claim Example
Accident Case Result – One Example
Accident Attorney Gainesville Ocala Florida Help
Pip Insurance – Gainesville Lawyer Explains
Best Accident Protection – Ocala Injury Lawyer Explains Um
Florida Auto Insurance Requirments – Injury Lawyer Explains
Pip Insurance – Gainesville Lawyer Answers Questions
Know What To Do If You Are In An Accident! Get Your Free Florida Accident Kit Today
What Does Florida Being A No-fault State Mean? Ocala Accident Attorney Explains
Experienced Gainesville And Ocala Accident Attorney Law Office – Check Us Out!
Help Getting Justice From The Insurance Company After An Accident
The Florida Accident Guide…do You Have Yours Yet?
Are You Adequately Insured In The Event Of An Accident? Find Out!
Accident Victim’s Protection Guide Book For Gainesville And Ocala – Get Help Now
Role Of Insurance Adjusters In Car Accident Cases
Filling Out Forms After A Gainesville Car Accident
Get Justice Working On Your Side With Meldon Law

CASE RESULTS:
Big Truck Accidents
Slap Surgery Following A Rear-end Collision
Semi Truck Vs. School Bus Accident

Car And Motorcycle Accidents
Hit By Driver Of A Company Vehicle Who Ran Stop Sign- $995,00
Head-on Collision With A Drunk Driver- $137,500
18 Month Old Toddler Run Over By Car Pulling Out Of Driveway- $305,000
Rear Passenger Sustains T-4 Fracture When T-boned – $250,00
Rear-ended While Making Legal U-turn On Highway – $250,000
Avascular Necrosis Of The Hip Resulting From T-bone Collision – $110,000.00
Traveling School Teacher Rear Ended On The Job – $157,500
Rear Ended By Drunk Driver – $150,000
Lumbar Laminotomy Folowing Accident
Passenger In Motor Home Sideswiped By Vehicle On Highway
Passenger In Single Vehicle Accident

Dui And Criminal Defense
Gainesville, Florida Driver With A Taillight Out Pulled Over
Gainesville, Florida Driver Tested Positive Of Prescription Medication Has All Charges Dismissed
Dui Deferral Program Reduces Charge To Reckless Driving In Gainesville, Florida
Gainesville, Florida Driver Pleas To DUI Charge, Without Increased Penalties
Gainesville, Florida Driver With Window Tint And Failure To Drive Within A Single Lane, Arrested For DUI
Gainesville, Florida Driver Sleeping Behind The Wheel Charged With DUI, Reduced To Reckless Driving
Gainesville, Florida Driver Admitted Into Dui Deferral Program, DUI Reduced To Reckless Driving Charge
Gainesville, Florida DUI Charge Reduced To Reckless Driving With Alcohol
Gainesville, Florida DUI& Resisting Arrest Without Violence Charges Reduced
Charge: DUI
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DUI With Property Damage
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Charge: DDUIui
Charge: DUI, Driving While License Suspended, Possession Of Controlled Substance
Charge: DUIAnd Resisting Arrest Without Violence
Gainesville, Florida Driver Vehicle Accident In Apartment Complex, Charged With DUI
Gainesville, Florida Driver Side-swiped A Vehicle, Arrested For DUI
Gainesville, Florida Driver Backed Into Another Car In Parking Lot, Charged With DUI
Gainesville, Florida Dui Checkpoint Arrest Reduced To Reckless Driving
Gainesville, Florida Dui Reduced To Reckless Driving
Gainesville, Florida Driver Traveling In The Wrong Direction On A One-way Street Arrested For DUI, Case Reduced
Gainesville, Florida Trespassing & Resisting An Officer Criminal Charges Dismissed
Citizen Alerted Law Enforcement About Impaired Driver, Led To Dui Arrest
Reckless Driver Tries To Impress Co-worker, Arrested For DUI
Gainesville, Florida Student Possession Of Drug Paraphernalia, Charges Dismissed
Gainesville Police Department Traffic Stop, Drug Charge Reduced To DUI
Car Accident Lead To DUI Arrest
Vehicle Swerved, Led To DUI Arrest
Charge: Possession Of Drug Equipment
Dui With Property Damage Defense Lawyers
Charges: Dui/Failure To Obey Traffic Device
Gainesville, Florida DUI Arrest
Deferred Prosecution Program Results In Reduced Charge Of Reckless Driving With Alcohol After Gpd DUI Arrest
Meldon Law Secure Lesser Charge Of Reckless Driving With Alcohol
Meldon Law Attorneys Were Successfully Seek Early Termination Of The Driver’s Probation
Charges Reduced To Reckless Driving With Alcohol
Driver Observed Passed Out At The Wheel
Dui Defense Attorneys
Dwi Defense Attorney
Charge: DUI & Resisting An Officer
Dui Defense
Charge: DUI
Charges: DUI – Damage To Persons Or Property
Charges: DUI
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DWI Defense Team
Charges: DUI
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Charges: DUI, Leaving The Scene Of An Accident With Property Damage
Charges: DUI
Charges: Possession Of Alcohol By A Person Under 21 Years Of Age
Charges: DUI
Charges: Felony Aggravated Stalking
Charges: DUI
Charges: DUI
Charges: DUI, Possession Of Less Than 20g Of Marijuana, Possession Of Drug Paraphernalia
Offense: DUI
Charges: Leaving The Scene Of An Accident With Property Damage
Charges: DUI
Charges: DUI, Driving Without Headlights At Night
Charges: Possession Of Alcohol By A Person Under 21 Years Of Age
Charges: Possession Of Less Than 20g Of Cannabis, Possession Of Drug Paraphernalia
Charges: Possession Of Less Than 20g Of Cannabis, Possession Of Drug Paraphernalia, Possession Of Liquor By A Person Under 21 Years Ol
Charges: Possession Of Less Than 20g Of Cannabis, Possession Of Drug Paraphernalia
Charges: Possession Of Alcohol By A Person Under 21 Years Of Age
Charges: Maintaining A Vehicle Used For Drugs
Charges: DUI
Charges: DUI(2nd Offense)
Charges: DUI With Property Damage, Smuggling Contraband Into Prison
Charges: DUI, Driving On The Wrong Side Of The Road
Charges: DUI
Charges: DUI, Unlawful Speed
Charges: DUI
Charges: Possession Of More Than 20g Of Cannabis
Charges: DUI, Leaving Scene Of Accident Causing Damage To Property
Charges: DUI, Possession Of Less Than 20g Of Cannabis, Possession Of Drug Paraphernalia
Charges: Leaving The Scene Of An Accident With Property Damage, Resisting An Officer Without Violence
Charge: DUI
Charge: DUI
Charge: DUI
Charges: Possession Of More Than 20g Cannabis, Possession Of Drug Paraphernalia, Maintaining A Dwelling Where Drugs Are Used Or Sold
Charge: No Valid Driver’s License
Charge: DUI
Charge: Unlawful Race
Meldon Law Negotiates With State Attorney’s Office For Reduced Fines In Dui Case
Meldon Law Were Able To Secure A Lesser Charge Of Dui Which Did Dot Include Any Jail Time
Driver Receives A Non-jail Sentence Even Though The Dui Involved Property Damage
Reduced Charges For Dui Driver Observed Swerving
Driver Observed Traveling Without Headlights
Driver Makes An Illegal Left-hand Turn
Gainesville Driver Travelling Westbound Hits A Curb
Charges Reduced For Dui Driver Veering Into Oncoming Traffic
Charges Reduced For Dui Driver Veering Into Oncoming Traffic

General
Fingers Severed On Young Boy In Bicycle Basket – $108,300
State Of Florida Restitution Check Fraud

Case Result: Medical Malpractice
Nica Claim For Death Of Baby At Delivery – $110,000
Medical Malpractice
Medical Malpractice

Case Result: Premises Liability Accidents