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Topic: [2014-12-24] Charlie Shrem, the former chief executive of BitInstant, will serve (Read 678 times)

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http://www.theguardian.com/technology/2014/dec/22/bitcoin-entrepreneur-sentenced-jail

In September, he pled guilty to the charges of money laundering, and asked forgiveness from the trial judge. “I screwed up,” he said. “The bitcoin community, they’re scared and there is no money laundering going on any more. They’re terrified. Bitcoin is my baby, it’s my whole world and my whole life, it’s what I was put on this Earth to do. I need to be out there. If your honor grants me that, I can be out there in the world, making sure that people don’t do the same stupid things that I did.

Shrem was accused of running a scheme with Floridian Robert Faiella to sell bitcoins anonymously to users of the Silk Road website.
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