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Charles Shrem, Bitcoin Advocate To Plead Guilty

Charles Shrem, Bitcoin Advocate To Plead Guilty

Charles Shrem, Bitcoin Advocate To Plead Guilty 150 150 Rex Securities Law

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.

Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.  Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

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