http://arstechnica.com/tech-policy/2014/09/bitcoin-exchangers-charles-shrem-robert-faiella-plead-guilty-to-federal-charges/On Thursday two prominent Bitcoin supporters, Robert Faiella and Charles Shrem, pleaded guilty to federal charges in a Federal District Court in Manhattan. Faiella, 54, was also known as BTCKing and admitted to operating an unlicensed money transmitting business on Silk Road. Shrem, 24, was formerly the CEO of BitInstant and is one of the founding members of the Bitcoin Foundation. He pleaded guilty to aiding and abetting the operation of an unlicensed money transmitting business.
