Charlie Shrem, once a rising star in the Bitcoin world, became the first prominent figure to face imprisonment due to his involvement in cryptocurrency. As the founder of BitInstant, one of the ...

Charlie Shrem leaving Manhattan federal court in 2014. He subsequently served a little over a year in a minimum-security prison in Lewisburg, Pa., for aiding and abetting the operation of an ...

When Cameron and Tyler Winklevoss, the twin brothers who famously feuded with Mark Zuckerberg over the creation of Facebook, attended a 2012 meeting about Bitcoin, they expected a professional ...

The disgraced former chief executive of BitInstant called a lawsuit by Tyler and Cameron Winklevoss’s Winklevoss Capital Fund a "scandalous and fantastical story," and urged a U.S. judge to throw it ...

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Long before bitcoin hit a high of $19,000 this week, Charlie Shrem took a chance on it — and it changed his life. As Shrem explains on a recent episode of WNYC's "Death, Sex & Money," he grew up in an ...

Apparently the Bitcoin millionaire, founder of BitInstant, has every intention to keep working as a Bitcoin entrepreneur from behind bars. According to Upstart Business Journal, he made productive use ...

BitInstant CEO Charlie Shrem is sentenced to two years prison time, despite asking to be let off free to "change the world." Dara Kerr was a senior reporter for CNET covering the on-demand economy and ...

A federal judge sentenced a leading bitcoin entrepreneur to two years in prison for helping a Florida man sell more than $1 million in bitcoins to customers on Silk Road, an online black market where ...

The former CEO of a top Bitcoin exchange and one of his customers pled guilty today in Manhattan on charges relating to operating an unlicensed money exchange that provided Bitcoins to customers ...

The operator of an exchange for the virtual currency Bitcoin has pleaded guilty to running an unlicensed money transmitting business. Charlie Shrem from BitInstant.com admitted the charges in a New ...