Following Arrest, BitInstant CEO Charlie Shrem Resigns From Bitcoin Foundation
The foundation where Shrem served as vice chairman said a prolonged trial would detract from its mission to improve Bitcoin adoption.
The day after BitInstant CEO Charlie Shrem was arrested on money-laundering charges, the 24-year-old has resigned from the Bitcoin Foundation, where he was a founding member and had served as vice chairman since 2012.
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