Crazy day for bitcoin today, as BitInstant’s Charlie Shrem got super busted by the feds for money laundering, conspiring with Silk Road, and buying drugs on Silk Road. What does this mean for Bitcoin? Plenty of cheap coins to buy up.
Here’s the official complaint document: http://www.justice.gov/usao/nys/pressreleases/January14/SchremFaiellaChargesPR/Faiella,%20Robert%20M.%20and%20Charlie%20Shrem%20Complaint.pdf
Business Insider: CEO of Bitcoin Exchange Arrested
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Coindesk: Jeremy Allaire: Regulators, Wall Street and Bitcoin Hitting the Mainstream
National Journal: How Is Bitcoin Taxed? The IRS Doesn’t Know
BBC: Bitcoin tuition fee payment at Cumbria University
Bloomberg: Bitcoin Seen as Safe Haven in Brazil Boosts Online Trade