Charlie Shrem, the founder of BitInstant and vice chairman of the Bitcoin Foundation who served time in jail over alleged money laundering, has joined a new venture called Intellisys Capital which will allow investors to invest in profitable companies by buying a digital token backed by real assets.
According to the company’s website, Shrem is a founder of Intellisys, along with CEO Jason Granger, who has built teams in banking, real estate, construction and private equity.
Shrem’s 2014 Scrape
Police arrested in 2014 on charges of money laundering and acting as an unlicensed money transmitter, CCN reported. Shrem was released earlier this year after he spent time in a federal prison camp in Pennsylvania since March 30, 2015, after being convicted on charges of money laundering and acting as an unlicensed money transmitter. He was sentenced to two years in prison.
CCN ran an article in 2014 criticizing the case against Shrem.
Shrem is now a founder and CTO of Intellisys, a company that has a portfolio management platform for middle