BTC In The News 1/27

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

Justice.gov: Manhattan U.S. Attorney Announces Charges Against Bitcoin Exchangers, Including Ceo Of Bitcoin Exchange Company, For Scheme To Sell And Launder Over $1 Million In Bitcoins Related To Silk Road Drug Trafficking

Business Insider: CEO of Bitcoin Exchange Arrested

Wall Street Journal: Pay Me in Bitcoin, IT Professionals Say

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