Ron Burgundy Posted January 27, 2014 Share Posted January 27, 2014 By Emily Flitter NEW YORK (Reuters) - The vice chairman of the Bitcoin Foundation, a trade group promoting the adoption of the digital currency, has been charged by U.S. prosecutors with conspiring to commit money laundering by helping to funnel cash to illicit online drugs bazaar Silk Road. Charlie Shrem, who had financial backing from the Winklevoss twins and is well known as one of the bitcoin's biggest global promoters, was arrested on Sunday at John. F. Kennedy International Airport in New York, the U.S. Attorney's Office in Manhattan said on Monday. Shrem, who was also charged with operating an unlicensed money transmitting business, appeared in U.S. District Court in Manhattan on Monday and was released on $1 million bond. View the full article Quote Link to comment Share on other sites More sharing options...
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