Bitcoin entrepreneur sentenced to two years in jail over money laundering

Charlie Shrem, the former chief executive of BitInstant, will serve jail time over money laundering The bitcoin entrepreneur Charlie Shrem has been sentenced to two years in jail for money laundering, after a bitcoin exchange he ran was found to be aiding dealers on the Silk Road black market. Shrem was previously a senior figure in the bitcoin community, sitting on the board of the foundation …

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