Charlie Shrem gets relaxed terms of house arrest to enable employment pursuit
Charlie Shrem's lawyers have requested and been granted relaxed terms of house arrest for their client, according to a court document obtained by Coindesk. His movements would be restricted to within the five boroughs of New York and will be subject to tracking by GPS. He is only allowed to leave his residence between the hours of 9 am and 9 pm, Sunday through Thursday. He would pursue employment opportunities, which must be verified with authorities upon request.
The document shows Shrem's lawyers reiterating in writing an earlier phone discussion between them and court authorities, applying for a modification of house arrest conditions in order to allow Shrem to pursue employment opportunities, and apparent approval of the court of their request.
Curious is the Sunday-Thursday window, as Monday-Friday would be more fitting for employment hours.
Shrem was arrested in January on charges of Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund , operating an unlicensed money transmitting business and deliberate failure to report suspicious activity.
Several weeks ago, Shrem pleaded not guilty to the charges. The trial is set to commence on September 22. The case was postponed after prosecutors requested more time in an effort to come to a plea deal.
Even while under complete house arrest, modern technology allowed Shrem to remain fairly active in 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 world. To much fanfare, he even addressed the Texas Bitcoin Conference in Austin, modelling his speech based on one from Rick Falkvinge, founder of the Pirate Party in Sweden.
Charlie Shrem's lawyers have requested and been granted relaxed terms of house arrest for their client, according to a court document obtained by Coindesk. His movements would be restricted to within the five boroughs of New York and will be subject to tracking by GPS. He is only allowed to leave his residence between the hours of 9 am and 9 pm, Sunday through Thursday. He would pursue employment opportunities, which must be verified with authorities upon request.
The document shows Shrem's lawyers reiterating in writing an earlier phone discussion between them and court authorities, applying for a modification of house arrest conditions in order to allow Shrem to pursue employment opportunities, and apparent approval of the court of their request.
Curious is the Sunday-Thursday window, as Monday-Friday would be more fitting for employment hours.
Shrem was arrested in January on charges of Money Laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars’ worth of criminally derived money are laund , operating an unlicensed money transmitting business and deliberate failure to report suspicious activity.
Several weeks ago, Shrem pleaded not guilty to the charges. The trial is set to commence on September 22. The case was postponed after prosecutors requested more time in an effort to come to a plea deal.
Even while under complete house arrest, modern technology allowed Shrem to remain fairly active in 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 world. To much fanfare, he even addressed the Texas Bitcoin Conference in Austin, modelling his speech based on one from Rick Falkvinge, founder of the Pirate Party in Sweden.