Federal officers charged an in-house compliance officer and another executive of a Bitcoin exchange company with money laundering and other felonies. It is believed to be the first time a company’s compliance officer has been charged with a crime related to Bitcoin, the Internet-based alternative currency.
Charged on Jan. 27 was Charles Shrem IV of New York, who served as a chief executive and compliance officer at BitInstant. Shrem, who apparently is not a lawyer, was arrested at John F. Kennedy International Airport in New York.
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