27 Jan '14, 5pm

Bitcoin Foundation vice chair arrested for money laundering

Bitcoin Foundation vice chair arrested for money laundering

A senior figure in the Bitcoin Foundation, which lobbies on behalf of the digital currency has been arrested for conspiracy to commit money laundering and “knowingly contributing” to anonymous drug sales. Prosecutors announced on Monday that Charlie Shrem, the organisation's vice chairman, was arrested at John F Kennedy airport in New York on New York Sunday. The news comes as a major blow for the digital currency lobby group and its supporters including Tyler and Cameron Winklevoss. The twins, famous for the early involvement with Facebook, have become big backers of the digital currency. They said in a statement on Monday that they were “deeply concerned” by the news. A second man, Robert Faiella, has also been arrested and charged for the same crimes relating to his operation of a small bitcoin exchange under the name BTCKing. The charges, unsealed by the US attorney fo...

Full article: http://www.theguardian.com/technology/2014/jan/27/bitcoin...

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Bitcoin exchange CEO arrested for money launder...

money.cnn.com 27 Jan '14, 5pm

Charlie Shrem, at center, is the CEO of BitInstant. He was arrested by federal authorities on Sunday. NEW YORK (CNNMoney) ...

Feds charge Bitcoin start-up founder with money laundering

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washingtonpost.com 27 Jan '14, 6pm

Less than a year after raising $1.5 million for his Bitcoin exchange start-up BitInstant, CEO Charlie Shrem has been charg...

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reuters.com 28 Jan '14, 12am

NEW YORK (Reuters) - The vice chairman of the Bitcoin Foundation, a trade group promoting the adoption of the digital curr...

Prominent Bitcoin entrepreneur charged with money laundering - Reuters

Prominent Bitcoin entrepreneur charged with mon...

reuters.com 28 Jan '14, 12am

NEW YORK (Reuters) - The vice chairman of the Bitcoin Foundation, a trade group promoting the adoption of the digital curr...

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dealbook.nytimes.com 27 Jan '14, 8pm

Gerard Til/Hollandse Hoogte, via Redux Charles Shrem, who co-founded an exchange for virtual money and spoke on the Bitcoi...

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businessinsider.com 27 Jan '14, 4pm

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bits.blogs.nytimes.com 27 Jan '14, 2pm

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forbes.com 27 Jan '14, 5pm

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CEO of Bitcoin exchanger BitInstant charged with laundering $1 million through Silk Road

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wired.com 28 Jan '14, 8am

Charlie Shrem was arrested and charged with money laundering. Image courtesy Charlie Shrem The CEO of Bitcoin exchanger Bi...

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mashable.com 27 Jan '14, 5pm

Federal law enforcement officials have arrested the CEO of a Bitcoin exchange platform and an alleged co-conspirator in co...

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rt.com 27 Jan '14, 4pm

Bitcoin exchange operators arrested in connection with Silk Road case Published time: January 27, 2014 16:26 Edited time: ...

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online.wsj.com 28 Jan '14, 8pm

Bitcoin backers defended the fledgling digital currency at a hearing in New York on Tuesday, one day after prosecutors ann...