According to the Wall Street Journal, Charlie Shrem will plead guilty to one criminal count related to allegations that his virtual currency exchange, Bitcoin, was part of a drug trading scheme involving the black-market site Silk Road.
Shrem was arrested in January 2014 along with Robert Faiella, and both had pleaded not guilty to running an alleged money-laundering scheme that used Bitcoin to trade drugs and other illegal items on Silk Road. Under the terms of his plea Shrem could face prison time.
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