Monday, January 27, 2014

Winklevoss Twins Throw the Arrested Bitcoiner Charlie Shrem Under the Bus

The Winklevoss twins have just released this statement following news that Charlie Shrem, founder of BitInstant, a firm the twins have invested in, has been arrested for money laundering:
When we invested in BitInstant in the fall of 2012, its management made a commitment to us that they would abide by all applicable laws - including money laundering laws - and we expected nothing less.  Although BitInstant is not named in today’s indictment of Charlie Shrem, we are obviously deeply concerned about his arrest.  We were passive investors in BitInstant and will do everything we can to help law enforcement officials. We fully support any and all governmental efforts to ensure that money laundering requirements are enforced, and look forward to clearer regulation being implemented on the purchase and sale of bitcoins.
To Bitcoiners around the world, you really should start to understand who your friends really are. Unlike the wimp twins, although I have been a critic of Bitcoin, I none the less have come out in support of Shrem and immediately indicated the charges would have never occurred in a libertarian society.

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