Charlie Shrem is scammer, watch out

[BayAreaCoins]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer 

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

[sublime5447]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer 

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

I am gonna remove my neg rating, sorry you lost your coin for now, but you knew he had pending chargers and I am sure will make good eventually.

[Eisenhower34]

I can't believe that this has not been resolved yet or a payment arrangement hasn't been made. It looks like Charlie has been given the benefit of the doubt but his disappearance and lack of cooperation is starting to cast this in a rather bad light here.

[smoothie]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer 

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

This ^. It wasn't like he didn't have time to make sure his obligations were in order. The guy borrowed coins from Bracek in August 2014.

This would explain why he hasn't been around but there was much time before he "went away".

It would have been nice if he posted on the forum (or anywhere on the internet) that he is going away to jail just so people know.

Seems to me like he just doesn't care. But then again that is my own perspective of how things have played out.

Now the debt will likely not be repaid for quite some time. And when that time comes when he is available I would not be surprised if the price of Bitcoin is much higher than $1000 each.

He was easily able to make time to GET a loan on this forum....but to pay it back in full was not on his priorities list as it is not done to this day.

[smoothie]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer  

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

I am gonna remove my neg rating, sorry you lost your coin for now, but you knew he had pending chargers and I am sure will make good eventually.

So did Charlie. He also knew he had pending charges yet he took out a loan and failed to make enough effort to pay it back.

My neg rating will remain until I hear back from Bracek that it is paid in full.

Who knows when this will ever be paid and what price bitcoin will be when he is able to make another effort to pay back?

I'm pretty sure that his attorney got paid in full.

[smoothie]

I can't believe that this has not been resolved yet or a payment arrangement hasn't been made. It looks like Charlie has been given the benefit of the doubt but his disappearance and lack of cooperation is starting to cast this in a rather bad light here.

Supposedly he went to prison for 2 years recently.

[malaimult]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer 

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

This ^. It wasn't like he didn't have time to make sure his obligations were in order. The guy borrowed coins from Bracek in August 2014.

This would explain why he hasn't been around but there was much time before he "went away".

It would have been nice if he posted on the forum (or anywhere on the internet) that he is going away to jail just so people know.

Seems to me like he just doesn't care. But then again that is my own perspective of how things have played out.

Now the debt will likely not be repaid for quite some time. And when that time comes when he is available I would not be surprised if the price of Bitcoin is much higher than $1000 each.

He was easily able to make time to GET a loan on this forum....but to pay it back in full was not on his priorities list as it is not done to this day.

Charlie did not borrow any money. He received physical coins from barrack so he could sell them on his behalf. There is a very big difference. If Charlie did not engage in this transaction then barrack would not have any of the coins that Charlie has "repaid"

[smoothie]

He just got sentenced to 2 years in prison..

http://www.businessweek.com/news/2014-12-19/ex-bitcoin-foundation-s-shrem-gets-2-year-term-in-silk-road-case

I assume that is why he has been sort of distracted...might make that repayment date a tad longer 

Well attending a court case and getting some time in jail will certainly keep you distracted from checking the forum for IOUs you have.

It takes <20 seconds to send a Bitcoin payment..... that is no excuse.

Sucks, but isn't a excuse.

This ^. It wasn't like he didn't have time to make sure his obligations were in order. The guy borrowed coins from Bracek in August 2014.

This would explain why he hasn't been around but there was much time before he "went away".

It would have been nice if he posted on the forum (or anywhere on the internet) that he is going away to jail just so people know.

Seems to me like he just doesn't care. But then again that is my own perspective of how things have played out.

Now the debt will likely not be repaid for quite some time. And when that time comes when he is available I would not be surprised if the price of Bitcoin is much higher than $1000 each.

He was easily able to make time to GET a loan on this forum....but to pay it back in full was not on his priorities list as it is not done to this day.

Charlie did not borrow any money. He received physical coins from barrack so he could sell them on his behalf. There is a very big difference. If Charlie did not engage in this transaction then barrack would not have any of the coins that Charlie has "repaid"

Technically it is the same as borrowing because Charlie would not be able to get a cut from sales of physical coins that weren't his.

He still has possession of bracek's physical coins. Bitcoin = money to me so essentially he borrowed money. Something of value that is liquid.

Let's not get too far off track on a tiny technicality.

Bottom line: Charlie still has a debt to pay which means he must have borrowed something. He was the middle man. It is no different when bullion banks lease gold from central banks and sell them into the market...they are essentially borrowing gold/money and need to pay it back ounce for ounce.

[Stunna]

I can't believe that this has not been resolved yet or a payment arrangement hasn't been made. It looks like Charlie has been given the benefit of the doubt but his disappearance and lack of cooperation is starting to cast this in a rather bad light here.

I'm sure most people here have read the news, given his current position the delay isn't completely unreasonable and this is what I had somewhat suspected was the case but to a much greater extent. If I were still to buy the debt I would buy it at a drastically reduced cost than the 10% discount OP offered. If charlie is somewhat responsible he should make it his duty to have someone within his family or network contact bracek and sort out this situation on his behalf.

I wish you (bracek) the best of luck in reaching him and getting your coins returned and I'm sorry you had to deal with this sort of unfortunate situation.

[smoothie]

Looks like he is still a free man (for the time being):

https://twitter.com/charlieshrem

No excuse why this shouldn't be taken care of before the 90 day period is over.

[bobabouey2]

I've wondered if the terms of his settlement might be part of the issue.

If you recall, Mike Caldwell stopped Casascius because his lawyers said he could be deemed to be a money transmitter.  "A lot of the discussion I had with my legal counsel is that part of what makes it money transmitting is there is no way for me to know whether the person ordering is the person receiving. In other words it is money transmitting because each order "could" be a money transmission with no way to know. Restricted delivery changes that aspect of the story."  https://bitcointalk.org/index.php?topic=243341.msg6789094#msg6789094

Charlie is just doing the opposite of what Mike was doing.

its likely the terms of any settlement would include things like Charlie agreeing not to violate money transmitting and other laws again.  This is fairly common in financial crime settlements / convictions.

So maybe one of his lawyers came across this transaction, and told him to stop it, especially pending sentencing.

But if this was the case, you'd think they could tell Charlie he could just return the physical coin.  But maybe Charlie had already sold the coin, so had not other options than to (i) pay Bracek, and potentially violate the terms of his settlement or (ii) just stop responding.

Or his lawyers just told him to stop dealing in bitcoin at all, regardless of whether it meant he would default on commitments.

[smoothie]

That is possible. But then he would owe Bracek something anyway.

He could just come on here and state why he is delaying and just be upfront instead of making sorry excuses.

[KingOfSports]

LOL @ Charlie Shrem responding and giving blockchain address: 1JauAZU9zLgR5C4D2QLQUGZMzEC1s6ZpVi

as an address for people to donate to who feel bad for him on twitter...

Someone should call him out on twitter and say where's bracek's address, you still owe him tons. Looks like that address has rec'd 0.18 BTC so far.

[smoothie]

LOL @ Charlie Shrem responding and giving blockchain address: 1JauAZU9zLgR5C4D2QLQUGZMzEC1s6ZpVi

as an address for people to donate to who feel bad for him on twitter...

Someone should call him out on twitter and say where's bracek's address, you still owe him tons. Looks like that address has rec'd 0.18 BTC so far.

link?

[Keyser Soze]

LOL @ Charlie Shrem responding and giving blockchain address: 1JauAZU9zLgR5C4D2QLQUGZMzEC1s6ZpVi

as an address for people to donate to who feel bad for him on twitter...

Someone should call him out on twitter and say where's bracek's address, you still owe him tons. Looks like that address has rec'd 0.18 BTC so far.

link?

https://twitter.com/CharlieShrem/status/546367889625079808

[moriartybitcoin]

so not only is Chucky Shrem a scammer, he's also a pussy and a fool

[moriartybitcoin]

the guy with the 60 btc stolen by Shrem should watch his back .. most likely Chucky is talking to the US Attorney about all the people he did business with, and others will soon be arrested as he RATS THEM OUT

[evansearle42]

the guy with the 60 btc stolen by Shrem should watch his back .. most likely Chucky is talking to the US Attorney about all the people he did business with, and others will soon be arrested as he RATS THEM OUT

It isn't illegal to do business in the bitcoin world. Also he would likely have 'ratted people out' before he was sentenced in order to get a lesser sentence

[bitspill]

I like how the people with the biggest mouths have the least involvement in the situation.

[smoothie]

I like how the people with the biggest mouths have the least involvement in the situation.

Just because I have no skin in the game is no reason for me not to care.

My reputation for over 3 years has been to call out the scammers that do shady dealings.

How big of a mouth do you have given you have posted in this thread that "doesn't involve you"?