Published 6 days ago

Former CEO of Bitcoin Exchange Company Sentenced in Manhattan Federal Court to Two Years in Prison for Helping to Sell Nearly $1 Million in Bitcoins for Drug Buys on Silk Road — FBISubmit SearchHomeFacebook IconEmail IconYoutube IconFlickr IconLinkedIn Ic

Summary by Federal Bureau of Investigation

Preet Bharara, the United States Attorney for the Southern District of New York, announced today that CHARLIE SHREM, the former Chief Executive Officer and Compliance Officer of BitInstant, a Bitcoin exchange company, and the former Vice Chairman of the Bitcoin Foundation, was sentenced today to two years in prison for his role in knowingly transmitting nearly $1 million in Bitcoins intended to facilitate drug trafficking on a black-market webs…

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Former CEO of Bitcoin Exchange Company Sentenced in Manhattan Federal Court to Two Years in Prison for Helping to Sell Nearly $1 Million in Bitcoins for Drug Buys on Silk Road — FBISubmit SearchHomeFacebook IconEmail IconYoutube IconFlickr IconLinkedIn Ic

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