Tag

The Bitcoin Foundation has always had public relations issues. Its infamous alumni like former Mt. Gox CEO Mark Karpeles and Bitcoin wunderkind Charlie Shrem have provided an ample source of animosity toward the Bitcoin movement. However, and historically, these publicly...

On Friday, Charlie Shrem was sentenced to two years in prison for indirectly helping to transfer $1 million in Bitcoins to the online black-market bazaar Silk Road, report several media outlets. US District Judge Jed Rakoff also ordered Shrem – a former vice chairman of the...

Brock Pierce, the newly elected board member of the Bitcoin Foundation, has written a letter to the members addressing the issue of his election. He referred to the sexual abuse allegations that date back 14 years and declared his innocence from them. In the letter obtained by...

After former Bitinstant CEO Charlie Shrem and MtGox’s CEO Mark Karpeles resigned from the Bitcoin Foundation, an election was held to fill in the vacant seats. The voting for the open industry board seats ended on April 30th at 11:59 EDT. According to Bitcoin Foundation, there...

Today, the 24-year-old, Charlie Shrem, has pleaded not guilty to money laundering charges in front of a judge in Manhattan federal court. Shrem was the former vice chairman of the Bitcoin Foundation, and the former CEO of BitInstant. Not Guilty Charlie Shrem was arrested back in...

Charlie Shrem, the former CEO of BitInstant, was arrested back in January for his alleged involvement in money laundering on black market website, Silk Road. After posting bail, Shrem has been under house arrest, awaiting his indictment. However, he feels that there are some...

Alleged with money laundering charges, bitcoin community member and former CEO of BitInstant, Charlie Shrem, could possibly be put away for up to 20 years if convicted. Shrem at the Tribeca Film Festival Shrem has been granted permission to attend the Tribeca Film Festival two...

A new video documentary, The Rise and Rise of Bitcoin, is premiering at the Tribeca Film Festival next week. It shows Bitcoin through lens of the different people involved with it. The documentary explores the origins of Bitcoin, the Bitcoin mining market, the culture of the...

Bitcoin evangelist, Charle Shrem indicted over his alleged involvement for laundering $1 million on black market site Silk Road. Shrem’s indictment comes after pleading with Manhattan prosecutors. Charlie Shrem Indicted The US government has accused Shrem and underground...

Charlie Shrem Saga Charlie Shrem, known for his alleged involvement in the Silk Road scandal, is in talks with US prosecutors for a plea. Shrem is a known evangelist for bitcoin, and was a former member on the Bitcoin Foundation’s committee. According to a March 28th filing...