Tag Archive: BitInstant

  • Charlie Shrem suit Bitcoin, Bitcoin Breaking News Brief, News, News teaser, Silk Road, Trending

    Charlie Shrem Released From Prison, Enjoying the ‘Small Things’

    Charlie Shrem, former CEO of early bitcoin exchange BitInstant, has been released from prison after serving a sentence for money laundering and unlicensed money transmission. Also read: Breakout Gaming Launches Competitive eSports Platform Shrem Released From Prison Shrem announced his release (which actually happened a few weeks ago) in a blog post on his home page, titled “Onward.” In the post, he said he and his partner Courtney were living temporarily in southern Pennsylvania, and that he

    · July 19, 2016 · 10:13 pm
  • Panama Papers Bitcoin, News, News teaser, Trending

    Bitcoiners Starting to Appear in Panama Papers Leaks

    The 11.5 million leaked “Panama Papers” detailed financial attorney-client information for over 214,488 offshore companies. At the heart of the controversy was the Panamanian law firm and corporate service firm Mossack Fonseca. The documents spanned a wide timeline, ranging from the 1970s to today. Also read: R3 Seeks $200 Million in Funding In the court of public opinion, the documents provided evidence that wealthy individuals and public officials keep certain financial dealings private. As pointed out

    · May 13, 2016 · 5:00 am
  • Charlie Shrem Money Laundering Bitcoin, News, News teaser

    Charlie Shrem Is Jailed For Bitcoin Crimes While HSBC Execs Walk Free

    “Charlie Shrem knowingly facilitated the purchase and use of Bitcoins by others to buy illegal drugs on the Silk Road site. He willfully abdicated his duties as compliance officer of BitInstant, putting illegal profit ahead of legal and ethical responsibility. Now Shrem has been made to answer for his crimes.” – Manhattan U.S. Attorney Preet Bharar Charlie Shrem, former BitInstant CEO and founding member of the Bitcoin Foundation, was sentenced to two years in jail and

    · December 21, 2014 · 12:17 am