Bitcoin’s first criminal goes to prison today

By March 30, 2015Bitcoin Business

Charlie Shrem Craig Ruttle—AP Charlie Shrem, who pleaded guilty last year, begins a two-year sentence.

In February, after a trial that lasted 13 days, Ross Ulbricht was convicted of running the online drug marketplace Silk Road, which utilized the digital currency bitcoin for its payments. The media coverage of the trial, and the final result, could be seen as bad for bitcoin. It fed into an image that many in the public still […]

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