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Bitcoin Promoter Gets 2 Years for Silk Road Transfers


Charlie Shrem, the former Bitcoin Foundation Inc. executive who pleaded guilty to charges tied to the illicit online bazaar “Silk Road,” was sentenced to two years in prison by a judge who rejected his bid to remain free and “change the world.”

Shrem, 25, a prominent evangelist for the virtual currency, admitted in September to helping send money on behalf of an operator of an illegal bitcoin exchange called BTCKing. He faced as long as 71 months in prison under federal sentencing guidelines, according to a report by U.S. probation officials. His lawyer, Marc Agnifilo, asked for probation.