Shrem's Case Postponed for Possible Plea Deal
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....
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Former Bitcoin Foundation vice chairman and bitcoin entrepreneur Charlie Shrem has pleaded not guilty to money laundering charges in Manhattan federal court. The presiding judge has set 22nd September as the date the trial will commence, according to Bloomberg. Shrem's plea was submitted on his behalf by his lawyer. Shrem, 24, was indicted earlier this month by federal prosecutors, who allege that he had facilitated bitcoin payments processing on the now-defunct Silk Road online black marketplace beginning in 2011. The case had previously been postponed in early April after prosecutors....
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,....
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....
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 is trying to buy time before presenting himself for the case where he has been accused to be a part of the Silk Road scandal. According to a March 28th filing in Manhattan federal court, Assistant U.S. Attorney Serrin Turner who is representing the 24-year-old Charlie Shrem, his client wants the case to be postponed until April 28th. Serrin Turner in his statement said that a possible deal to end the case may be coming through as negotiations are going on and postponing the case gives him and his client some time to make the deal work. Charlie Shrem, one of the brightest lads....