Bitcoin Entrepreneur Charlie Shrem Released from U.S Prison
- The co-founder of BitInstant had been held in a federal prison camp in Pennsylvania since March 30, 2015.

Good news for advocates of cryptocurrency and the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term community. A founding member and former vice chairman of the Bitcoin Foundation, Charlie Shrem, has been released from imprisonment by U.S criminal authorities. The co-founder of BitInstant has been in a high-security federal prison camp in Pennsylvania since March 30, 2015.
Shrem sent out this message to the public on Tuesday: "A few weeks ago I was released from Lewisburg FPC. I want to thank the hundreds of people who wrote, sent books, money, magazines, and their support. There are no words to describe my appreciation and affection to all of you. Thank you so much.
Currently I’m home in southern Pennsylvania where Courtney and I have relocated temporarily. We will spend the summer months enjoying the outdoors, good food, family, friends and the small things that I missed while I was away, and at the same time transition back into normal life. I’m grateful for the opportunity to be back home. I’m excited to move forward onto new projects and looking forward to seeing what everyone has been working on!"
Back in 2014 Shrem pleaded guilty to charges of unlicensed money transmission as part of a plea deal. Through his bitcoin Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Bitinstant, he was accused of supporting the bitcoin-based economy of the Silk Road marketplace, labeled “the most sophisticated and extensive criminal marketplace on the Internet,” by the U.S. Department of Justice. Last year, he was sentenced to two years in prison.
Although out of prison, Shrem is not completely a free man and is still under the same communication requirements established for his incarceration which prevent him from doing media interviews for now.
Good news for advocates of cryptocurrency and the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term community. A founding member and former vice chairman of the Bitcoin Foundation, Charlie Shrem, has been released from imprisonment by U.S criminal authorities. The co-founder of BitInstant has been in a high-security federal prison camp in Pennsylvania since March 30, 2015.
Shrem sent out this message to the public on Tuesday: "A few weeks ago I was released from Lewisburg FPC. I want to thank the hundreds of people who wrote, sent books, money, magazines, and their support. There are no words to describe my appreciation and affection to all of you. Thank you so much.
Currently I’m home in southern Pennsylvania where Courtney and I have relocated temporarily. We will spend the summer months enjoying the outdoors, good food, family, friends and the small things that I missed while I was away, and at the same time transition back into normal life. I’m grateful for the opportunity to be back home. I’m excited to move forward onto new projects and looking forward to seeing what everyone has been working on!"
Back in 2014 Shrem pleaded guilty to charges of unlicensed money transmission as part of a plea deal. Through his bitcoin Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Bitinstant, he was accused of supporting the bitcoin-based economy of the Silk Road marketplace, labeled “the most sophisticated and extensive criminal marketplace on the Internet,” by the U.S. Department of Justice. Last year, he was sentenced to two years in prison.
Although out of prison, Shrem is not completely a free man and is still under the same communication requirements established for his incarceration which prevent him from doing media interviews for now.