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BitInstant CEO arrested for alleged money laundering

Charlie Shrem allegedly worked with Robert Faiella, known as BTCKing in the Bitcoin community, to exchange more than $1 million in bitcoins for users to make illegal purchases on Silk Road.

By January 27, 2014


Bitcoin bigwig goes to prison in Silk Road case

BitInstant CEO Charlie Shrem is sentenced to two years prison time, despite asking to be let off free to "change the world."

By December 20, 2014


Bitcoin-based credit card reportedly due in two months

BitInstant is close to introducing an international credit/debit card based on the peer-to-peer currency, according to an alleged interview with the exchange service's co-founder.

By August 21, 2012