The CEO of a companys counterchangeBitcoin trader arrested on charges that he illegally trafficked more than $1 million in bitcoins to his users Silk Road, the infamous online drug market, according to a statement issued today by the federal prosecutor's office Monday, January 27.
Ο Charlie Shrem, chief executive of a bitcoin exchange company, and Robert Faiella, an underground bitcoin exchanger, are accused of conspiracy and money laundering. They are also accused of running their business without permission, as the prosecutors have said.
Schrem was arrested Sunday at New York's John F. Kennedy International Airport and will be arraigned tomorrow, while Faiella was arrested Monday at home of Cape Coral, Florida.