Charles Shrem, who ran a New York-based Bitcoin exchange, was arrested Monday and charged with engaging in a money laundering scheme with a user of Silk Road, the notorious deep web black market. In ...

The Bitcoin community faces a major publicity crisis this week with the arrest of BitInstant CEO Charlie Shrem on charges of money laundering for users of the digital black market known as Silk Road.

Charlie Shrem, once a rising star in the Bitcoin world, became the first prominent figure to face imprisonment due to his involvement in cryptocurrency. As the founder of BitInstant, one of the ...

BitInstant which was in operation from 2011 to 2013, before shutting down "temporarily" in July, was a site that allowed users to buy and sell Bitcoin. The indictment cites emails exchanged between ...

In an exclusive interview with Cointelegraph, crypto pioneer and BitInstant co-founder, Charlie Shrem, offered his perspective on the early days of crypto. Despite missing some of the comradery from ...

Mr. Shrem's Twitter photo. In a scene out of a Scorsese film yet to come, self-described "Bitcoin evangelist" Charlie Shrem was arrested at John F. Kennedy International Airport on charges that he ...

The Silk Road is still claiming victims, today taking down BitInstant CEO Charlie Shrem and Robert M. Faiella, a BTC broker, known as BTCKing or BTC-KinG. Police arrested Shrem, 24, yesterday at JFK ...

The CEO of Bitcoin exchanger BitInstant has been arrested and charged with money laundering over allegations that he and another man sold more than $1 million in Bitcoins to buyers and sellers of ...

According to a document published by the Manhattan US Attorney, charges have also been filed against Robert M. Faiella, a 52-year-old Florida native better known as "BTCKing". Both Shrem and Faiella ...

Hours after MasterCard quashed rumors that it was talking to BitInstant about releasing a Bitcoin-based debit card, BitInstant has issued its own statement, officially announcing what it calls the ...

Recently, BitInstant CEO Charlie Shrem announced that his company would be releasing a new product: a Bitcoin prepaid debit card. The product is scheduled to come out in six to eight weeks, and would ...

The Bitcoin markets have been sleepy over the past week or two, and Bitcoin traders are starting to whine. What Wake me up when the markets move. But the Bitcoin markets may soon pick up again as a ...