The Latest in IT Security

CEO of Bitcoin Exchange Arrested

28
Jan
2014

A high-profile arrest in the world of Bitcoin: BitInstant CEO Charlie Shrem, 24, has been arrested and charged with money laundering; the same goes for alleged co-conspirator and “underground Bitcoin exchanger” Robert Faiella (aka BTCKing). Authorities say the two schemed to sell more than $1 million of Bitcoin to users…

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