Bitcoin promoter pleads guilty to unlicensed use of currency | Forex Factory

  • Bitcoin promoter pleads guilty to unlicensed use of currency

    From reuters.com

    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. Both men face up to five years in prison when they appear again in court in January. "I knew that much of the business on Silk Road ... (full story)

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sidhujag
Sep 5, 2014 1:20am
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Quoting gravitist
Bitcoin was used for illegal purposes such as buying drugs on the now-defunct tor onion site Silk Road. It should be banned. It's just a way to try to hide illicit purchases. Also remember Mt. Gox? No, don't buy bitcoins. You're just throwing your real money away. BAN BTC.
FUD.. you dont know jack. BTC is here to stay!

Hint its not anonymous.
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NewtonsCash
Sep 5, 2014 12:04am
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Buy more BTC
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gravitist
Sep 5, 2014 12:35am
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Bitcoin was used for illegal purposes such as buying drugs on the now-defunct tor onion site Silk Road. It should be banned. It's just a way to try to hide illicit purchases. Also remember Mt. Gox? No, don't buy bitcoins. You're just throwing your real money away. BAN BTC.
Reply
Trader#B1CA
Sep 5, 2014 1:18am
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gravitist bitcoin is going to replace USD and all other fiat currencies when the gig is up as interest rates rise and the collapse ensues.. gold is too heavy to trade as a safe haven and store and bitcoin well it just gets the job done.. hooray for satoshi! you must be dumb and blind as a bat to not see where bitcoin is headed.. or you're stuck in last century. Get with the times.
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