EXCLUSIVE: Charlie Shrem Speaks Out About Mt. Gox, His Arrest and the Bitcoin Bromance
"I've known Mark Karpeles for a very long time. Mark is a very sweet guy. Very non-confrontational, but has he made bad business decisions? Yes. Has he failed to do everything he should have? Yes." So says Charlie Shrem, the troubled bitcoin entrepreneur, speaking to me from his parents' house in New York, where he's currently under house arrest. He tells me he classes Karpeles, CEO of the disastrous bitcoin exchange Mt. Gox, as a good friend, but disagrees with a hell of a lot of the decisions the Frenchman has made. Mt. Gox has been dying a slow and painful death for some months, but now....
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Charlie Shrem, a bitcoin entrepreneur facing federal money laundering charges, is no longer under 24-hour house arrest. Shrem still has restrictions related to his legal situation that include a curfew and limits on his ability to travel, but the modification allows the 24-year-old to pursue work opportunities, provided he does not leave New York. The changes to Shrem's home confinement terms give him the ability to leave his residence between the hours of 9am and 9pm, Sunday through Thursday. He is restricted to the geography of New York City, and must continue wearing a GPS monitoring....
Bitcoin entrepreneur Charlie Shrem will gain temporary reprieve from months of house arrest this week as he attends a premiere at New York City's Tribeca Film Festival. Although he wasn't able to provide specific details surrounding his release or attendance at the event, Shrem confirmed to CoinDesk that he would attend the launch of the documentary 'The Rise and Rise of Bitcoin', in which he appears. Arrested publicly over money laundering allegations in January, Shrem has protested his treatment, saying he had been cooperating with authorities in their investigations into bitcoin's....
BitInstant CEO Charlie Shrem has resigned from the Bitcoin Foundation's board of directors following his arrest over money laundering allegations. The US government has accused Shrem of working with Robert M Faiella, also known as 'BTCKing', to launder money from drug sales on Silk Road through his bitcoin exchange startup BitInstant. A statement from the Bitcoin Foundation reveals Shrem, who was its vice chairman, submitted his resignation this morning. Jon Matonis, executive director of the Bitcoin Foundation, said: "As a foundation, we need to remain focused on our core mission to....
Charlie Shrem, aka, 'Four Finger Charlie', has posted his goodbye blog and will be surrendering himself to Lewisburg Federal Prison Camp (Pennslyvania) on March the 30th. Charlie was arrested last year and convicted at the end of 2014 for crimes against the US Government in their endless War on Drugs. Sentenced to two year's imprisonment for knowingly allowing a Silk Road user, (Robert Faiella) to trade bitcoins through the now defunct exchange BitInstant. Charlie was charged with conspiring to sell over $1 million worth of bitcoins to Silk Road users, and had to forfeit $950,000. The....
Charlie Shrem, a well-known individual in the cryptocurrency space, recently returned to the industry after a year-long hiatus. Shrem has partnered with entrepreneur Jason Granger to create Intellisys Capital LLC, and Mainstreet Investment LP. The companies will manage a securities investment fund built on top of the Ethereum blockchain based on real....