Bitcoin accused in court this week

A Douglas man who's accused of converting criminal property into bitcoins will be committed to the Court of General Gaol Delivery.

25-year-old Sam Atkin is accused of converting £4,450 into the digital currency between February 2014 and April 2015.

At Douglas Courthouse last week he entered "no plea" to the offence - committal proceedings will take place on September 22nd.

Atkin will next appear in court on Friday when he's due to be sentenced for drugs offences after pleading guilty to possessing cannabis and possession with intent to supply.