CEO of Bitcoin exchange arrested for money laundering

01/27/2014 4:25 PM

01/27/2014 4:38 PM

Given the present regulation and the difficulty of tracing Bitcoin, I suspect this is the tip of the iceberg.

CNNMoney:. “U.S. government agents have arrested Charlie Shrem, the CEO of Bitcoin exchange BitInstant, charging him with laundering money for customers of online drug bazaar Silk Road.”

Join the Discussion

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service