Blog Archives

Details emerge on Charlie Shrem’s plea deal

Posted on 6th September, 2014

Former BitInstant CEO Charlie Shrem appeared in a New York courtroom on Thursday to formally enter a plea of guilty on charges that he aided and abetted an unlicensed money-transmitting business, processing over $1 million in bitcoin payments for Silk Road vendor Robert “BTCKing” Faiella. The appearance was part of a plea deal with federal […]