In the first of three cases to air on Thursday’s show, titled “Online Scammer?!”, the defendant stood accused of scamming another man out of a truck he purchased for $2,000 on an eBay clone the criminals set up. It’s really complicated, and there’s something about scammers using the defendant’s bank account to do their business, making him the victim, but the important part comes when the defendant explains Bitcoin to Sheindlin:
Sheindlin: How do you make a living?
Defendant: I make a living day trading Bitcoin, which is a decentralized digital currency. The only thing I can compare it to is internet cash.
Coinjar Bitcoin wallet