27 Jan '14, 8pm

DealBook: Two Executives of Bitcoin Businesses Are Arrested

DealBook: Two Executives of Bitcoin Businesses Are Arrested

Gerard Til/Hollandse Hoogte, via Redux Charles Shrem, who co-founded an exchange for virtual money and spoke on the Bitcoin circuit, was arrested on Sunday. One of the most prominent players in the Bitcoin universe, Charles Shrem, was arrested by federal authorities on Sunday and accused of helping smooth the way for drug transactions on the now-defunct online bazaar Silk Road. Mr. Shrem was a co-founder and chief executive of a popular website, BitInstant, where Bitcoins could be bought using dollars. At the age of 24, Mr. Shrem was a regular speaker on the Bitcoin convention circuit, and was also on the board of the Bitcoin Founda tion, a nonprofit organization that educates the public on digital money. The criminal charges unsealed on Monday by the United States attorney’s office in Manhattan claim that Mr. Shrem used his company to knowingly convert money into virtual ...

Full article: http://dealbook.nytimes.com/2014/01/27/two-executives-of-...

Tweets

Bitcoin Foundation vice chair arrested for money laundering

Bitcoin Foundation vice chair arrested for mone...

theguardian.com 27 Jan '14, 5pm

A senior figure in the Bitcoin Foundation, which lobbies on behalf of the digital currency has been arrested for conspirac...

Bitcoin and the Fictions of Money

Bitcoin and the Fictions of Money

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

Ethan Miller/Getty Images The D Las Vegas casino recently announced that it would accept Bitcoins. How should we think abo...

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) ...

CEO OF BITCOIN EXCHANGE ARRESTED

CEO OF BITCOIN EXCHANGE ARRESTED

businessinsider.com 27 Jan '14, 4pm

Preet Bharara, the United States Attorney for the Southern District of New York, James J. Hunt, the Acting Special-Agent-i...

Prominent Bitcoin entrepreneur charged with money laundering

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...

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...

Feds charge Bitcoin start-up founder with money laundering

Feds charge Bitcoin start-up founder with money...

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...

BREAKING: Bitcoin exchange operators arrested in connection to Silk Road case

BREAKING: Bitcoin exchange operators arrested i...

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: ...

Meet The 'Bitcoin Millionaire' Arrested For All...

businessinsider.com 29 Jan '14, 4am

Bitcoin Foundation Executive Director Jon Matonis said in a press release: As a foundation, we need to remain focused on o...

Bitcoin Tuesday

avc.com 28 Jan '14, 12pm

There are at least three Bitcoin events that I know of in NYC today. I do not think any of them are public events but the ...

Bitcoin Exchange CEO Arrested for Connection to Silk Road

Bitcoin Exchange CEO Arrested for Connection to...

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...

More Canadian businesses accepting Bitcoin

More Canadian businesses accepting Bitcoin

ctvnews.ca 26 Jan '14, 4pm

MONTREAL -- Will that be cash, credit card or Bitcoin? A small number of Canadian businesses now accept Bitcoin, the digit...

Winklevoss-Funded Bitcoin Startup CEO Arrested In Silk Road Investigation

Winklevoss-Funded Bitcoin Startup CEO Arrested ...

forbes.com 27 Jan '14, 5pm

The Department of Justice announced Monday that it’s arrested Charlie Shrem, CEO of the Bitcoin payment processor BitInsta...

More Canadian businesses accepting Bitcoin

More Canadian businesses accepting Bitcoin

cp24.com 26 Jan '14, 11am

MONTREAL -- Will that be cash, credit card or Bitcoin? A small number of Canadian businesses now accept Bitcoin, the digit...

Bitcoin: The Currency Of The Future?

forbes.com 27 Jan '14, 7am

Saturday January 25, marked the start of the Miami Bitcoin conference. When I first told my partners I planned to attend, ...