Bitcoin Forum

We've all been reading the news and know what's happening.
Sad to see how someone who helped revolutionise the bitcoin ecosystem is being taken down by the very people who could make the most of Bitcoin itself.
Anyway, Charlie has our full support and we're backing him through this.
Hope it all goes ok and will be following this throughout.

Good Luck :)

http://www.businessinsider.com/charlie-shrem-to-plead-guilty-in-plea-deal-2014-9

Yes. We're with you Charlie. Future is bitcoin!

It's a shame to see this, someone who has put a lot of work into bringing something like bitcoin and helping make it what it is today now being treat like this by those as you say by those who could make the most of it.

Wish him all the luck.

Agreed. It's just a shame. You can't rewrite the past, but you can write the future.
There's still hope :)

only 24 years old! impressive!

Thats really young. He is really smart to make that kind of money..

I hate when people are both younger than me and also more successful... but I can't hate anyone involved in working with Bitcoin, a technology that will without any doubt make this world a better and more peaceful place for humans to coexist.

Spines of a jelly fish and subtlety of a can of fish.

See what happens when amateurs meet the real big boys?

USA loves their witch hunts and lynch mobs.

Yeah because had this been a banker we all know you would have been vehemently defending him as you are Shrem. Witch hunt indeed.

Thanks guys  :)

The best of luck!

Balance and actual knowledge is severely lacking in the world, not to mention actual experience.

If shit hits the fan and you have to spend a few years in isolation - use the time to search your emotions and better yourself.... come back out and help change the world - good luck to you in your trying times ahead. :-\

Good luck fellow Legend :)

Someone who has put a lot of work into bringing something like bitcoin and helping make it what it is today now being treat like this. So bad.

When will he found out the verdict and what time is he looking at? Hope all goes as well as it can though.

And speaking of bitcoin releated trials, what's happening with the Silk road case?

He has the support of a huge community, good luck Charlie, all the best!

He was laid at the beginning of the year, and now almost the end of the year, it should have an end.

This is no one's fault but your own. You obviously cannot get any younger, but you can innovate and come up with good ideas. You should then execute these good ideas to make money. 

Best of luck.

I think you are the first ever person to be prosecuted for not filing suspicious activity reports. It's an absolutely ridiculous situation especially when you look at the mass money laundering that occurred at HSBC.

Drinking and watching Netflix sounds like a pretty good life to me. I wish I had friends that gave me a lot of alcohol gifts.

http://www.businessinsider.com/charlie-shrem-under-house-arrest-2014-2#ixzz2zXkm0FzK

I think the prospect of facing jail-time would have likely made this less pleasurable. After a while, being coped up in your (parents) house would also tend to not be very fun.

Good luck Charlie and thanks for being a pioneer in the crypto game, cheers!

Shem wasn't a banker or any other kind of criminal. They just want their pound of flesh.

Apparently even Charlie disagrees with you, since he is pleading guilty.

The worst feature of the "justice" system is how they extort false confessions out of people by threatening them with much worse punishments if they don't sign a lie about themselves. I say it's the worst feature because numbnuts like this dude I'm quoting portray the signed lies as guilt, then use that false portrayal to vilify and blame victims of that extortion.

That doesn't mean that he is actually guilty. He was given an impossible choice, if he pleaded not guilty he faced up to 30 years in prison, by pleading guilty he only faces up to 60 months. Nobody would risk that even if they were completely innocent, doing a couple of months is clearly a better choice than risking getting up to 30 years, you can't predict what a judge/jury will do. The fact that they offered him such a deal speaks volumes about how strong their case was.

94% of people in the US plead guilty to their charges as part of a plea bargain, in both federal and state cases, source:
https://www.bja.gov/Publications/PleaBargainingResearchSummary.pdf

Everyone should wish him a good luck. He is an example which we should follow

Plea deals just show you that the government prosecutors and politicians don't really care about the crime or the punishment. They're just functionaries that are only interested in their conviction rate.

http://www.coindesk.com/charlie-shrem-hopes-walk-free-guilty-plea-deal/

http://www.coindesk.com/charlie-shrem-forfeit-950000-us-government-plea-bargain/

This guy is making a name for himself at Charlie's expense.

http://www.fastcompany.com/3027123/bitcoin-sheriff-of-the-web-preet-bharara

Hey. "Bitcoin Jesus" bounced back from being convicted of selling explosives online and I bet Charlie will bounce back from this once he gets out of jail. I'm hoping he gets out early on "good behavior."

That's just not right for someone who puts that much effort to bitcoin. Charlie we are always with you.

This war on drugs just makes me sick. Good luck body.

Not true. It means that he feels that the risks of going to trial outweigh the potential chances of a not-guilty plea. This is likely due to the potential jail time he would serve in the event he is found guilty and the evidence that the government has against him.

If any of us invested in 2009-2010 we would be rich as fuck regardless age. We just missed on that special boat.  :'(

Please bargains are why the USA has more people in prison than the entire rest of the world combined.

Did anybody even read the actual criminal complaint?

He was a public figure who should have expected some extra scrutiny thus having a huge incentive to do everything by the book. Instead, Shrem knowingly broke the law by trading with a silk road vendor, going against the good judgement of his own CEO.

The guy is a greedy dumb-ass and Bitcoin would be much better off without the likes of him involved. I would stay well away from anything he does in the future.

The criminal complaint was a tactic of Preet Bharara to further his career. The asshole is chasing easy targets to make himself look good. If he was really an anti-money laundering specialist HSBC wouldn't still be laundering billions of dollars out of banks in New York. Charlie was a victim of Bharara's political aspirations. The massive reduction in the charges filed against him for his plea deal prove it.

http://www.fastcompany.com/3027123/bitcoin-sheriff-of-the-web-preet-bharara