Bitcoin Advocate Charlie Shrem Joins Private Equity Platform For Digital Token
Charlie Shrem, the founder of BitInstant and vice chairman of the Bitcoin Foundation who served time in jail over alleged money laundering, has joined a new venture called Intellisys Capital which will allow investors to invest in profitable companies by buying a digital token backed by real assets. According to the company’s website, Shrem is a founder of Intellisys, along with CEO Jason Granger, who has built teams in banking, real estate, construction and private equity. Shrem’s 2014 Scrape. Police arrested in 2014 on charges of money laundering and acting as an unlicensed money....
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Entrepreneurs and blockchain technology advocates Charlie Shrem and Jason Granger are preparing to launch a blockchain-based private equity investment platform. Intellisys will live on the Ethereum blockchain, with a structured organizational framework focused on transparency and sound investment strategy. It will be first private equity investment offered as a digital ledger security. Additionally, it marks the first foray back into the blockchain business space for Shrem, former CEO of the now-defunct early bitcoin exchange BitInstant. The new organization will consist of two companies.....
When Charlie Shrem was released from prison he was bombarded with hundreds of emails, according to the long-time entrepreneur and Bitcoin advocate. One, however, stood out. It began: “I am working on a private equity and portfolio management project on the blockchain.” “It’s like saying I’m working on world peace. It’s such a big idea,” said Shrem, 27.....
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....
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 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....