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Following a court appearance, Charlie Shrem has been released from jail. The 24-year old appeared before the US District Court in New York City, and was released soon after. The jail bond was set at $1 million. The BitInstant CEO was arrested on Monday at JFK International...

Is BitInstant Over? CEO of BitInstant Charlie Shrem has been arrested over his alleged involvement in a scheme to “sell and launder over $1 million in bitcoins.” This was done through the now infamous black market Silk Road government investigation. The Manhattan US...