It doesnt seem too bad. I guess he will do 18 months at most and the rest will be suspended.
He is well known too and should be able to get a job when he comes out if he needs one. He must be very rich being an early adopter.
Topic: Shrem to jail for two years!!! Holy shit! - page 2. (Read 8191 times)
It's really disappointing to need an anonymous rather than pseudonymous internet. I'd really prefer the infrastructure facilitate honesty than two-faced people with double-lives, where people need to keep discussions on the weather and fake passion, knowing nothing about each other and needing to keep it that way. 
The issue in this case was not that he was lacking anonymity it was that he was not following the money laundering laws. All that he really needed to do in order to prevent himself from being in 'hot water' from his dealings with the guy from Silk Road was to collect the identities of people he was doing business which (not even necessarily provide such identities to the government)He would not have been able to do that and according to the law he should not have process money if he suspected they were involved in criminal dealings.
if ubricht gets a lesser sentance.. or btcking.. then shrem should appeal his sentancing as it does not fall into line that a lesser crime compared to the other two deserves a bigger punnishment.
Are you kidding? Ulbricht is going to get no less than 20 years. He is in a complete different position than Shrem. Shrem was a little loose with the folks he chose as business partners and didn't care what they were engaged in. Ulbricht set up one of the biggest drug trading platforms known to man.
Ol' Shremmy was a bit naughty - but not too much more. Ross is a world class drug lord of epic proportions. He could go to jail for life. Size does matter. Ross sold more drugs that nearly anyone in history. Many poor suckers caught with a two pound bag of cocaine did 20 years. Ross does no less than them - I am certain of that.
If that murder for hire stuff sticks - 100% he never sees light of day again.
Lol yeah I agree.!! Uldricht should get around 20 or more if Shrem gets 2 years.!
How about instead of freeing slaves on the underground railroad, you stop breaking the law?
I don't think we will see people support this when it comes to people involved in bitcoin. It is arguable that Charlie (as well as Ross) played major a major role in getting bitcoin to be where it is today. If either (or both) of them did not break the laws that they (allegedly) broke then we would probably not have the price, nor adoption that we have today.For these reasons people who are involved in bitcoin are going to advocate that we turn our eyes the other way when it comes to their crimes
How about instead of freeing slaves on the underground railroad, you stop breaking the law?
Sorry if this was said already (post skipped after page 1), but for those who are crying "Poor Charlie"...
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
agreed
It's really disappointing to need an anonymous rather than pseudonymous internet. I'd really prefer the infrastructure facilitate honesty than two-faced people with double-lives, where people need to keep discussions on the weather and fake passion, knowing nothing about each other and needing to keep it that way.
The issue in this case was not that he was lacking anonymity it was that he was not following the money laundering laws. All that he really needed to do in order to prevent himself from being in 'hot water' from his dealings with the guy from Silk Road was to collect the identities of people he was doing business which (not even necessarily provide such identities to the government) Quote
I don't think the US Government would have came at him so hard if he had not instructed others on exactly how to avoid the law.
~BCX~
They are punishing very strongly when you show you are against the State and taxes and tell people how to avoid taxes.
It's really disappointing to need an anonymous rather than pseudonymous internet. I'd really prefer the infrastructure facilitate honesty than two-faced people with double-lives, where people need to keep discussions on the weather and fake passion, knowing nothing about each other and needing to keep it that way.
If any of you have heard Charlie speak - say on Lets Talk Bitcoin podcast, or elsewhere, and you are over age .... say .... 30 ... one thing is very clear about Charlie. He's young. Psychologically speaking. Just listening to him talk made that very obvious. There's a certain naivety in his thinking, which no doubt played a role. But he's probably no younger than he should be psychologically, at his age. He said a lot of things on the podcasts that he knew he shouldn't be saying, and his attorneys advised him never to say - let alone on a podcast. But he did anyway. He's got an element of recklessness in him personality-wise, and of course he has political beliefs that don't exactly give a shit about government, nor rules. So to be completely honest, what did you expect? He was just being who he is. Although I can't agree the guy harmed anyone. He said he has learned his lesson. I suppose my point is that you've got a hardcore libertarian / anarchist here who is also a bit young and inexperienced. Those are relevant factors, though they don't matter when it comes to breaking the law. He's not a martyr, but he did deserve the extremely toned-down sentence he got. He was thankful to the judge for being lenient, and I think it was a fair move on the judge's part. He could've gotten 20+ years.
-B-
-B-
Charlie is not "a hardcore libertarian / anarchist".
Quote
I don't think the US Government would have came at him so hard if he had not instructed others on exactly how to avoid the law.
~BCX~
separate wall street flux (CDS/ABS) ... and food ... and that it, you don't need trillion of money.
If any of you have heard Charlie speak - say on Lets Talk Bitcoin podcast, or elsewhere, and you are over age .... say .... 30 ... one thing is very clear about Charlie. He's young. Psychologically speaking. Just listening to him talk made that very obvious. There's a certain naivety in his thinking, which no doubt played a role. But he's probably no younger than he should be psychologically, at his age. He said a lot of things on the podcasts that he knew he shouldn't be saying, and his attorneys advised him never to say - let alone on a podcast. But he did anyway. He's got an element of recklessness in him personality-wise, and of course he has political beliefs that don't exactly give a shit about government, nor rules. So to be completely honest, what did you expect? He was just being who he is. Although I can't agree the guy harmed anyone. He said he has learned his lesson. I suppose my point is that you've got a hardcore libertarian / anarchist here who is also a bit young and inexperienced. Those are relevant factors, though they don't matter when it comes to breaking the law. He's not a martyr, but he did deserve the extremely toned-down sentence he got. He was thankful to the judge for being lenient, and I think it was a fair move on the judge's part. He could've gotten 20+ years.
-B-
-B-
If you listen to him and look at things like his court statement the thing that jumps out at me is that he doesn't learn and he doesn't listen. Bitcoin is a great technology but it is not the biggest thing that has ever happened to the world and he is not the "messiah" that he thinks he is. He knows something about Bitcoin and he thinks he he knows about everything and predict all kinds of things. His success in Bitcoin has gone to his head and it has screwed up his decision-making process.
For instance, he speaks out against copyrights. he points to abuses and says the whole system should be ended. the guy lives with his parents and made money with Bitcoin. He never had to work as an independent musician or artist and he does not have the slightest idea how the system works or what it means to all those people. he goes around talking like the whole world is stupid. He is ridiculous and he only hangs out with other mentally ill people like Roger Ver who go around talking about how Bitcoin will end war. He lives in an echo chamber so he never listens to any other point of view. in one interview he was practically in tears saying how nobody, including his parents, don't understand him and that only other Bitcoiners understand him. He doesn't realize that is him who doesn't understand the rest of the world. Theymos is the same way. There is absolutely zero chance that Bitcoin will have mass adoption by listening to the ideas of these people and allowing them to run things. However, I believe people will eventually see past the crazies and see Bitcoin for its true value. See, for instance, https://blog.caseykuhlman.com/entries/2014/bitcoin-somaliland.html for an idea of how the real world sees some of the Bitcoin nonsense.
That being said, I don't like the idea of paying to house jackasses like Shrem for crimes that are not that serious. He should have gotten probation.
You give an amazing point of view. Living in an echo chamber push you not to be open to others ideas and point of view.
I don't agree there's an absolute zero chance that Bitcoin will have mass adoption by listening to the ideas of these people if mass adoption means a Trillion market cap in the sense that they can be part of the solution and convince people like me who will convince other people in a less passionate way.
Automatic release after 85% of his sentence, so out in 1.7 years, likely earlier as the federal system is overcrowded. Federal system has better food and facilities than state dungeons too plus he can access email through corrlinks. Send him some books (directly from Amazon only) once he appears in the BOP inmate locator site, libraries there are terrible.
That's terrible news. He didn't do anything ethically wrong.
Throughout all this, I've been wondering how much he was actually complicit in the Silk Road stuff. Apparently he knew that btcking had something to do with the Silk Road, but was it just a bit of passing knowledge, or was he actually very purposefully trying to help btcking with money laundering? I'd feel better if it was the latter, since at least he'd have known the risks ahead of time.
Throughout all this, I've been wondering how much he was actually complicit in the Silk Road stuff. Apparently he knew that btcking had something to do with the Silk Road, but was it just a bit of passing knowledge, or was he actually very purposefully trying to help btcking with money laundering? I'd feel better if it was the latter, since at least he'd have known the risks ahead of time.
Charlie reminds me of a young gary vaynerchuk with his passion....
However charlie fell into the wrong space at the wrong time.
And trust me, i've seen it happen numerous times over and over in crypto.
Many folks think they know everything about the protocol in bitcoin but may have got themselves a bit to deep without the full understanding or maturity to realize the scale of the decisions to be made.
Charlie is the classic man wanting to scale to the moon way before he had the appropriate gear to get there. Charlie saw the liquidity of bitcoin in these darknet markets im SURE and fully embraced the movements in and out with a happy grin. Ethically wrong, nope, just ahead of the curve and in the wrong place with big googly eyes staring at a money pit. Hopefully he stashed some away for attorney/legal fees
I did enjoy his energy and passion for digital currency. In the wild west charlie would win in this scenario....
If any of you have heard Charlie speak - say on Lets Talk Bitcoin podcast, or elsewhere, and you are over age .... say .... 30 ... one thing is very clear about Charlie. He's young. Psychologically speaking. Just listening to him talk made that very obvious. There's a certain naivety in his thinking, which no doubt played a role. But he's probably no younger than he should be psychologically, at his age. He said a lot of things on the podcasts that he knew he shouldn't be saying, and his attorneys advised him never to say - let alone on a podcast. But he did anyway. He's got an element of recklessness in him personality-wise, and of course he has political beliefs that don't exactly give a shit about government, nor rules. So to be completely honest, what did you expect? He was just being who he is. Although I can't agree the guy harmed anyone. He said he has learned his lesson. I suppose my point is that you've got a hardcore libertarian / anarchist here who is also a bit young and inexperienced. Those are relevant factors, though they don't matter when it comes to breaking the law. He's not a martyr, but he did deserve the extremely toned-down sentence he got. He was thankful to the judge for being lenient, and I think it was a fair move on the judge's part. He could've gotten 20+ years.
-B-
-B-
If you listen to him and look at things like his court statement the thing that jumps out at me is that he doesn't learn and he doesn't listen. Bitcoin is a great technology but it is not the biggest thing that has ever happened to the world and he is not the "messiah" that he thinks he is. He knows something about Bitcoin and he thinks he he knows about everything and predict all kinds of things. His success in Bitcoin has gone to his head and it has screwed up his decision-making process.
For instance, he speaks out against copyrights. he points to abuses and says the whole system should be ended. the guy lives with his parents and made money with Bitcoin. He never had to work as an independent musician or artist and he does not have the slightest idea how the system works or what it means to all those people. he goes around talking like the whole world is stupid. He is ridiculous and he only hangs out with other mentally ill people like Roger Ver who go around talking about how Bitcoin will end war. He lives in an echo chamber so he never listens to any other point of view. in one interview he was practically in tears saying how nobody, including his parents, don't understand him and that only other Bitcoiners understand him. He doesn't realize that is him who doesn't understand the rest of the world. Theymos is the same way. There is absolutely zero chance that Bitcoin will have mass adoption by listening to the ideas of these people and allowing them to run things. However, I believe people will eventually see past the crazies and see Bitcoin for its true value. See, for instance, https://blog.caseykuhlman.com/entries/2014/bitcoin-somaliland.html for an idea of how the real world sees some of the Bitcoin nonsense.
That being said, I don't like the idea of paying to house jackasses like Shrem for crimes that are not that serious. He should have gotten probation.
If any of you have heard Charlie speak - say on Lets Talk Bitcoin podcast, or elsewhere, and you are over age .... say .... 30 ... one thing is very clear about Charlie. He's young. Psychologically speaking. Just listening to him talk made that very obvious. There's a certain naivety in his thinking, which no doubt played a role. But he's probably no younger than he should be psychologically, at his age. He said a lot of things on the podcasts that he knew he shouldn't be saying, and his attorneys advised him never to say - let alone on a podcast. But he did anyway. He's got an element of recklessness in him personality-wise, and of course he has political beliefs that don't exactly give a shit about government, nor rules. So to be completely honest, what did you expect? He was just being who he is. Although I can't agree the guy harmed anyone. He said he has learned his lesson. I suppose my point is that you've got a hardcore libertarian / anarchist here who is also a bit young and inexperienced. Those are relevant factors, though they don't matter when it comes to breaking the law. He's not a martyr, but he did deserve the extremely toned-down sentence he got. He was thankful to the judge for being lenient, and I think it was a fair move on the judge's part. He could've gotten 20+ years.
-B-
-B-
Sorry if this was said already (post skipped after page 1), but for those who are crying "Poor Charlie"...
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
Just shows that he will have a promising political career ahead of him. He has shown he has no respect for rules and regulations, is experienced in back room deals and he has the charisma to make people think he's still a good guy. Just the kind of guy you want running your community!
For all you liberal, freedom minded people out there... The current system is plenty liberal. You can break the law and do anything you want without consequence. You don't get punished for that. There's only one rule: Don't get caught! You only get punished for getting caught.
And there are ways to mitigate punishment even if you do get caught. As is demonstrated by Charlie cum sui in this particular case.
Everyone breaking unjust laws should be executed for daring to live.
Sorry if this was said already (post skipped after page 1), but for those who are crying "Poor Charlie"...
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Long story short, BTCking triggered AML and and email was sent to him by bitinstant (some people CC'ed on the email, Charlie included), and said they were closing his account.
Charlie went behind that email and solicited BTCking to continue using them, and told him how to avoid triggering their AML policy (keep in mind as their AML office in charge of enforcing those policies).
Silk road, drugs, government not getting a cut (taxes), and every other conspiracy here aside, what Charlie did was reckless, stupid, and illegal. Those who are cheering him on as some martyr need a reality check.
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