The US government has accused Shrem of working with Robert M Faiella, also known as ‘BTCKing’, to launder money from drug sales on Silk Road through his bitcoin exchange startup BitInstant. Robert Faiella, alleged to be BTCKing, is said to be 52 in the indictment. Public records show that a 54-year-old by that name lives in Cape Coral and has been prosecuted by the U.S. in the past ... Robert Faiella, 55, was sentenced by U.S. District Judge Jed Rakoff in Manhattan after pleading guilty to operating an unlicensed money transmitting business. Related News Bitcoin use causes huge ... Robert Faiella, a 52-year-old man, was arrested in Cape Coral, Fla. on Monday in connection to the case and is accused of running an underground Bitcoin exchange on the Silk Road website under the name BTCKing. According to the document filed by the Manhattan U.S. Attorney’s Office, Shrem, who personally bought drugs on Silk Road, sold Faiella bitcoins knowing that they would be used on the ... Robert Faiella, a Bitcoin exchanger, was arrested for the same charges. After the arrests, U.S. Attorney for the Southern District of New York Preet Bharara said, "Truly innovative business models don't need to resort to old-fashioned law-breaking, and when bitcoins, like any traditional currency, are laundered and used to fuel criminal activity, law enforcement has no choice but to act."
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Robert Faiella, an underground Bitcoin exchanger, faces the same charges for allegedly obtaining Bitcoins with help from Shrem's company and then selling the digital currency to users of Silk Road ... Bitcoin Mining profitability Calculator http://www.vnbitcoin.org/bitcoincalculator.php Exchange bitcoin for usd http://www.vnbitcoin.org/sellbitcoinforusd.ph... They say that BitInstant CEO and Bitcoin Foundation board member Charlie Shrem and middleman Robert Faiella laundered drug-trafficking money through the black-market website Silk Road. Shrem and ... Aus einer belastenden E-Mail geht hervor, dass der 24-jährige Charlie Shrem für den 52-jährigen Robert Faiella Bargeld in Höhe von einer Million US-Dollar in Bitcoins umgetauscht haben soll. Zu Besuch in der Bitcoin-Mine: Hier fließt die virtuelle Währung in Millionenhöhe. Mehr Galileo: http://www.galileo.tv/ Galileo auf YouTube abonnieren: htt...