Wednesday, September 23, 2015

Charlie Shrem Does AMA From Prison

Once the Vice Chairman of the Bitcoin Foundation and CEO of BitInstant, Charlie Shrem’s fall from grace, began at JFK airport in New York where police arrested him on charges of money laundering and acting as an unlicensed money transmitter. Authorities alleged Shrem laundered more than $1 million. Shrem faced a maximum sentence of 30 years in prison. Shrem’s true story starts with BitInstant and his nightlife lifestyle via his Bitcoin accepting club in New York. Shrem was ultimately sentenced to two years in prison for Silk Road related charges. U.S. District Judge Jed Rakoff in Manhattan ordered Shrem to forfeit $950,000 […]

The post Charlie Shrem Does AMA From Prison appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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