Charlie Shrem Does AMA From Prison

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....


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Bitcoin advocate and entrepreneur Charlie Shrem, the founder of bitcoin exchange BitInstant who was arrested in arrested and convicted in 2014 and held in a high-security federal prison camp since March 2015 has now been released from imprisonment. Bitcoin entrepreneur Charlie Shrem, the former vice chairman of the Bitcoin Foundation and founder and CEO of bitcoin exchange BitInstant has been released from prison. The bitcoin evangelist spent time in a high-security federal prison camp in Pennsylvania since March 30, 2015, after being convicted on charges of money laundering and acting as....