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  1. Charles Shrem IV (born November 25, 1989) is an American entrepreneur and bitcoin advocate. He co-founded the now-defunct startup company BitInstant, and is a founding member of the Bitcoin Foundation .

  2. Dec 19, 2014 · Charlie Shrem, former CEO of BitInstant and vice chairman of Bitcoin Foundation, was sentenced to two years in prison for helping to sell Bitcoins for drug buys on Silk Road. He knew Silk Road was a black-market website for illegal drugs and failed to report suspicious activity as a compliance officer.

  3. Nov 5, 2023 · Charlie Shrem is a cryptocurrency enthusiast who founded BitInstant, a service that helped people buy and sell Bitcoin. He served two years in prison for his involvement with the Silk Road black marketplace and later launched several projects in the industry.

  4. May 15, 2015 · Charlie Shrem, former CEO of BitInstant and vice chairman of Bitcoin Foundation, was sentenced to two years in prison for helping to sell Bitcoins for drug buys on Silk Road. He knew that Silk Road was a black-market website for illegal drugs and failed to report suspicious activity as a compliance officer.

  5. 2 days ago · Charlie Shrem discovered Bitcoin during his senior year of college and quickly saw its potential as a revolutionary form of money that promised personal freedom, autonomy, and privacy. In 2011, he co-founded BitInstant with Gareth Nelson, creating a platform that made it easier for people to buy and sell Bitcoin during a time when such ...

  6. Jul 24, 2023 · Charlie Shrem, a co-founder of the defunct BitInstant, was one of the first bitcoin millionaires and one of the first to do time for crypto violations. Today he preaches compliance to startups.

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  8. Nov 29, 2023 · In the latest episode of Cointelegraph’s Crypto Stories, Shrem tells the story of how he founded BitInstant, grew it into a multimillion-dollar Bitcoin empire, and then was arrested for his role...

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