Ron Burgundy Posted September 4, 2014 Share Posted September 4, 2014 By Joseph Ax NEW YORK (Reuters) - A man who helped to promote bitcoin wants to remain in the business despite pleading guilty Thursday to indirectly helping send more than $1 million in the digital currency to users of the illicit online marketplace Silk Road, his lawyer said. Charlie Shrem, 24, pleaded guilty at a hearing in New York federal court to one count of aiding and abetting an unlicensed money transmitting business. A co-conspirator, Robert Faiella, 54, separately pleaded guilty to operating such a business. "I knew that much of the business on Silk Road involved the buying and selling of narcotics," Shrem said in court. View the full article 1 Quote Link to comment Share on other sites More sharing options...
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