Topic: [2014-09-07] Bitcoin exchangers Charles Shrem, Robert Faiella plead guilty to fe (Read 1696 times)
September 07, 2014, 01:01:50 AM
Just read the article. I can't say I'm surprised about people doing this for Bitcoins or drugs, but what's done is done.
September 07, 2014, 12:46:54 AM
http://arstechnica.com/tech-policy/2014/09/bitcoin-exchangers-charles-shrem-robert-faiella-plead-guilty-to-federal-charges/
On Thursday two prominent Bitcoin supporters, Robert Faiella and Charles Shrem, pleaded guilty to federal charges in a Federal District Court in Manhattan. Faiella, 54, was also known as BTCKing and admitted to operating an unlicensed money transmitting business on Silk Road. Shrem, 24, was formerly the CEO of BitInstant and is one of the founding members of the Bitcoin Foundation. He pleaded guilty to aiding and abetting the operation of an unlicensed money transmitting business.
On Thursday two prominent Bitcoin supporters, Robert Faiella and Charles Shrem, pleaded guilty to federal charges in a Federal District Court in Manhattan. Faiella, 54, was also known as BTCKing and admitted to operating an unlicensed money transmitting business on Silk Road. Shrem, 24, was formerly the CEO of BitInstant and is one of the founding members of the Bitcoin Foundation. He pleaded guilty to aiding and abetting the operation of an unlicensed money transmitting business.
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