US makes Bitcoin exchange arrests after Silk Road closure

Posted on: 30 Jan 2014

Category: News

The Department of Justice said Robert Faiella, known as BTCKing, and Charlie Shrem from have both been charged with money laundering. The authorities said the pair were engaged in a scheme to sell more than $1m (?603,000) in bitcoins to users of online drug marketplace the Silk Road. The site was shut down last year and its alleged owner was arrested.

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