Charlie Shrem In Talks Over Plea Deal
Former BitInstant CEO and Bitcoin Foundation board member Charlie Shrem made news when he was arrested in late January on suspicion of laundering over $1 million in connection with the infamous dark web marketplace Silk Road. Here we are at the start of April and it's being reported that United States Assistant Attorney Serrin Turner has asked for Shrem's case to be put on hold until the 28th of April. According to the March 28th filing, the 24-year-old may be in talks over a plea deal, which would close the case. Specific details were not available. Shrem has a co-defendant in this case,....
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Bitcoin entrepreneur and former BitInstant CEO Charlie Shrem hopes to walk free after striking a deal to plead guilty to 'unlicensed money transmission' in New York. For Shrem, it's the end of seven months of house arrest, restrictions on movement and uncertainty. The plea bargain is a step down from prosecutors' original charges and strong statements, which also included money laundering and conspiracy and failing to file suspicious activity reports with government banking authorities, relating to former online black marketplace Silk Road. Shrem told CoinDesk he had faced a penalty of up....
Prosecutors have requested a second postponement of bitcoin entrepreneur Charlie Shrem's court case over alleged money-laundering, as the participants look to cut a plea deal, according to reports. Assistant US Attorney Serrin Turner asked that the case be postponed to 28th April and confirmed that plea deal discussions were taking place, according to a 28th March filing in the Manhattan federal court. Now @CharlieShrem talking plea deal over money laundering @BloombergNews. - Carter Dougherty (@CarterD) 1 April 2014. Shrem, 24, faces charges of money laundering, with accusations he used....
Further details have emerged of former BitInstant CEO Charlie Shrem's plea bargain with US authorities, which saw him plead guilty to aiding and abetting an unlicensed money-transmitting business on 4th Sept. Reuters reported that both Shrem and Robert Faiella, a co-conspirator who pleaded guilty separately, both agreed to forfeit $950,000 to the government as a condition of their deals. According to the New York Times, Shrem entered his plea in an unwavering voice, appearing "stoic" and calm - a departure from his usually charismatic presence. "I knew that what I was doing was wrong. I am....
Charlie Shrem was formally indicted on April 10th. Three months ago, Charlie Shrem, the former Vice Chairman of the Bitcoin Foundation and CEO of the now-defunct BitInstant, was arrested in New York on charges of money laundering and acting as an unlicensed money transmitter. The allegations against Shrem were that he laundered over $1 million in bitcoins for users of Silk Road - the illegal online drug marketplace that was shut down by the FBI back in October 2013, and that he wilfully neglected to report unlawful transactions that were conducted through BitInstant by Robert Faiella, a....
The former CEO of BitInstant and former vice chairman at the Bitcoin Foundation Charlie Shrem has been formally indicted for what authorities say was money laundering over $1 million in connection with Silk Road. Shrem was arrested in late January at John F. Kennedy International Airport following a bitcoin event that took place in Europe. An alleged accomplice, Robert Fiaella, was also arrested in January. Both men are charged with two counts of operating an unregistered money services business, money laundering conspiracy, and willfully neglecting to submit suspicious activity reports to....