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Early Bitcoiner Auctions off items connected to his Silk Road Arrest


Bitcoin Foundation’s co-founder and former CEO of Bitinstant Charlie Shrem is auctioning off item connected to his guilty request on charges involving the Darknet Marketplace Silk Road.

In a notice on Thursday, a spokesman for Shrem said he would open 12 items related to his time in prison and early Bitcoin (Btc) paraphernalia in the Scrorce City Marketplace. Among the items was a journal from his time in prison from 2014 to 2015, a BTC ring and the first Bitcoin magazine issue from May 2012.

“These things are not just me, they are the scars and sparks of the early Bitcoin day and its first fire,” Shrem said.

Charlie Shrem, Auction, Crimes, Crypto Collectibles
Issue No. 1 of Bitcoin magazine for auction. Source: Scarce City

Shrem was arrested in January 2014 for “contact with a procedure to sell more than $ 1 million in Bitcoins” to Silk Road users.

US authorities closed the market in October 2013 following the arrest of its creator, Ross Ulbricht. Shrem apologized and was punished for two years in prison, but was given an early release in September 2015.

Related: Bitcoin Pioneer and Felon said he was ‘Vibe Coding’ to restart BTC Faucet

Ulbricht, who was punished in prison life for his role on Silk Road, was US president Donald Trump forgives In January. He also used a poor city at auction off item In connection with his arrest and imprisonment, taking $ 1.8 million in total.

Cointelegraph handed Schrem to comment but did not receive a response at the time of publication.

https://www.youtube.com/watch?v=oxn5wvmhaqa

Silk Road -related issues are constantly backing up

Although the years after the Darknet market were closed, individuals were constantly faced with criminal charges related to laundering or fraud due to their connection to illicit funds.

In July, the authorities in the UK Sent a former crime agency officer In more than five years in prison for the acquisition of 50 BTC obtained from the co-founder of Silk Road 2.0, the alternative of the deadly market.

The US government Took more than 50,000 BTC Connected on Silk Road in 2021 from James Zhong, an individual who was convicted of wire fraud and hid some of the crypto “on a single board computer that sinks under the blankets in a popcorn can.”

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