Bitcoin promoter pleads guilty to unlicensed use of currency

By September 6, 2014Bitcoin Business

NEW YORK (Reuters) – 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 […]

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