The Department of Justice announced Monday that it's arrested Charlie Shrem, CEO of the Bitcoin payment processor BitInstant and vice chairman of the Bitcoin Foundation, as well as Robert Faiella, an alleged underground Bitcoin exchanger, and accuses
He was one of the subjects featured in a Businesweek piece on Bitcoin millionaires, and served as a vice chairman at the Bitcoin foundation. But BitInstant was a curious business. It allowed users to mysteriously purchase
U.S. government agents have arrested Charlie Shrem, the CEO of Bitcoin exchange BitInstant, charging him with laundering money for customers of online drug bazaar Silk Road. The U.S. attorney in the Southern District of New York said Shrem helped
He was one of the subjects featured in a Businesweek piece on Bitcoin millionaires, and served as a vice chairman at the Bitcoin foundation. But BitInstant was a curious business. It allowed users to mysteriously purchase
The CEO of BitInstant, a Bitcoin exchange, has been arrested at JFK airport for running an illegal wire service, the New York Post's Kaja Whitehouse reports.