Former BitInstant CEO and Bitcoin Foundation board member Charlie Shrem made news when he was arrested in late January on suspicion of laundering over $1 million in connection with the infamous dark web marketplace Silk Road.
Here we are at the start of April and it’s being reported that United States Assistant Attorney Serrin Turner has asked for Shrem’s case to be put on hold until the 28th of April.
According to the March 28th filing, the 24-year-old may be in talks over a plea deal, which would close the case. Specific details were not available.
Shrem has a co-defendant in this case, Robert M. Faiella of Florida.
Mr. Shrem was arrested at John F. Kennedy airport in New York City following his arrival from a bitcoin-related event in Amsterdam.
Despite the charges against him, he remains somewhat free, under house arrest at the home of his parents in Brooklyn, New York. His bail was set in January to $1 million. [source: BusinessWeek]
