Industry Report: Charlie Shrem Is a Free Man

Industry Report: Charlie Shrem Is a Free Man

Charlie Shrem is released from prison; Ethereum successfully “hard-forks,” and the Bank of England may issue its own digital currency. Want to catch up on your latest crypto-news? Take a look at the stories below. CHARLIE SHREM. Bitcoin evangelist Charlie Shrem has been released from prison after serving one year of what was originally set to be a two-year sentence. Shrem was arrested at JFK airport last year after speaking at a Bitcoin conference in Europe. Shrem was charged for helping a BitInstant customer covert USD to bitcoin that would ultimately be used to purchase drugs through the....


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Charlie Shrem Formally Indicted Following Unsuccessful Plea Bargaining

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....

U. S. Government Stops Charlie Shrem from Speaking at Bitcoin Conference

Editor's Note: Charlie Shrem has responded publicly by clarifying that he has not been banned from any conferences. A misreading of events caused by verbiage which CCN profusely apologizes for initially printing. Shrem has responded to CCN inquiries from earlier today and will release a full statement on the happenings soon. CCN wishes Charlie Shrem the best of luck in his 9/22/14 trial, his case has been previously written about here. Charlie Shrem's favorite picture of Charlie Shrem. Embattled former Bitcoin Foundation member Charlie Shrem has faced his share of legal trouble with the....

Charlie Shrem Speaks About His New Investment Fund

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....

Charlie Shrem Is Home From Prison and Moving ‘Onward’

Charlie Shrem has been released from prison and is quite happy to be out. In a blog post written on his personal website, he thanked the hundreds of people who showed him support while being locked up in Lewisburg Federal Prison Camp in Pennsylvania. Former BitInstant Co-Founder Charlie Shrem Is a Free Man. Charlie Shrem, co-founder of the now-defunct....

Charlie Shrem goes to Prison, in Style

After several months of house arrest, Charlie Shrem will be self-surrendering at the Lewisburg Federal Prison Camp in Pennsylvania today. Early this month, the former CEO of the deactivated BitInstant exchange made this announcement on his personal website: Keeping his head high while accepting the mistake he allegedly made, Charlie wrote: "While some distanced themselves, most stood by and fought. I owe my life to those people. Of course I don't look for sympathy, I did the crime and I will do the time. They say those who stand by you in the bad times, deserve to be with you in the good....