The CEO of an exchange company bitcoin was arrested on charges that he illegally trafficked more than $1 million in bitcoins to users of Silk Road, the notorious online drug market, according to a statement from the federal prosecutor's office today, 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 tried tomorrow, while Faiella was arrested Monday at his home in Cape Coral, Florida.
