Charlie Shrem Announces ‘Game-Changing’ Token Sale
Charlie Shrem’s latest ventures, Mainstreet Investment and Intellisys, are to launch the crowdsale of their joint Mainstreet token in January. Intellisys ‘Changing Worldwide Investment Game’ The former BitInstant creator is working with CEO Jason Granger on a project which will “merge investment, securities law and technologies in a way that has not yet been done.” “The Mainstreet Investment token offering will change the game for investing on a worldwide stage,” Granger continued in an “Initial Token Offering Memorandum” issued Friday. Mainstreet is a private equity fund powered by the....
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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....
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....
An example of the dangerous goods sold on Silk Road. Photo via yum9me. Many people in the Bitcoin community were shocked when they heard Charlie Shrem was arrested for allegedly laundering money for drug dealers from the Silk Road, but the moral, and perhaps even the legal, case against him is rather weak. While the US Government will definitely try to make an example out of Charlie, it's unclear as to whether or not the average person on the street would agree that he should be thrown in jail for decades. While you could make the argument that Charlie should have known what was going on....
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....