Thank you, I've already joined Cointelegraph on Facebook!
Receive all Cointelegraph news immediately in Telegram.
We look at the 10 top bitcoin fiascos, related to money laundering, funding criminals, extortion, Ponzi and MLM, drug dealing, kidnapping, dodgy banks and the fall of Mt.Gox.
Erik Voorhees, CEO of ShapeShift.io, and Charlie Shrem, Founder of the Bitcoin Foundation, have been named in the Panama Papers Leak.
There are a number of people associated with Bitcoin who have been caught on the wrong side of the law. CECG (Crypto Economics Consulting Group) has started a project to provide them with books when they are in prison
Before there was Ross Ulbricht, Charlie Shrem was the most famous convicted felon in Bitcoin’s short history.
Charlie Shrem accuses Mark Karpeles of not having cared about Mt. Gox's users, and calls the former digital currency exchange a ponzi scheme.
U.S. v. Faiella, U.S. District Court, Southern District of New York, No. 14-cr-00243, which involved two defendants, Robert Faiella and Charlie Shrem, was at least halfway settled on Friday when Charlie Shrem agreed to a plea deal with US prosecutors.
The United States SOCOM has outlined how it views Bitcoin, admitting to monitoring and tracking transactions. A proposal for a decentralized local dark market has been published aiming to use the blockchain itself to share offers and requests for purchases. T-Mobile Poland installs its own BTM and much more news for Ma...
Newly elected board member of the Bitcoin Foundation Olivier Janssens has gone to Reddit to post an extensive critique on the foundation.
The task force DEA agent who worked on the Silk Road case allegedly extorted hundreds of thousands of dollars from Ulbricht, two-thirds of bitcoins have now been mined and more top stories for March 31.
Bitcoin Is Going to Rise from Ashes
As reported yesterday, BitInstant CEO and Bitcoin Foundation Vice Chairman Charlie Shrem was arrested at JFK Airport in New York and charged with conspiring to launder money.
Peter Todd has outlined his view that more regulation on all levels is on the way for the digital currency sector; Stellar adopts SCP protocol; Gavin Andresen has called Shrem and Karpeles a “black eye” for the organization, and other news.
In light of his arrest and conspiring-to-launder-money charges, BitInstant Charlie Shrem has stepped down as vice chairman of the Bitcoin Foundation.
On Tuesday, Charlie Shrem was released from custody after posting a $1 million bond, despite arguments from prosecutors representing the State of New York that he was a flight risk.
A month after Charlie Shrem resigned his post at the Bitcoin Foundation, the group announced that it has begun trying to find a replacement for him, and that process could take up to two months.
The BitInstant CEO Charlie Shrem together with Robert M. Faiella were arrested and the current accusations of breaking several federal laws include money laundering, turnover of narcotics and support of criminal activities.
The Winklevoss brothers are recognized Bitcoin millionaires, as they own at least 10 million dollars in form of the currency.
The office of the US Attorney for the Southern District of New York, James J. Hunt, announced today that BitInstant CEO Charlie Shrem was one of two people arrested for and charged.
For updates and exclusive offers, enter your e-mail below.
You registration completed successfully.
Confirmation email sent to email address provided.