Spread the word. Have you heard? Hey my brothers, this is Lewisburg. A fine anthem to welcome Charlie Shrem, co-founder of the Bitcoin Foundation, co-founder of BitInstant, and now co-inhabitant of the Lewisburg Federal Prison Camp.
Shrem is serving a two-year sentence on a reduced charge of aiding and abetting unlicensed money transmission during his time at BitInstant. Prosecutors had alleged that Shrem and his partner Robert Faiella conspired to launder $1 million worth of bitcoins to people trying to make make illegal purchases on the Silk Road.
Shrem has been upbeat about his incarceration, tweeting his departure to prison as if he were off to Disneyland.
Well I'm off to prison now! Follow my twitter for tweets from the inside #Bitcoin
— Charlie Shrem (@CharlieShrem) March 30, 2015
Shrem recently penned an article stating his intention to start an open ledger based accounting system in the locker, using tins of Mackerel as the currency base. Commenters provided candid predictions for his Mackcoin. “I get the feeling this guy is going to have difficult 2 years,” wrote Tempo GIs.
Lewisburg has a prison population of 1400, 500 of which are in a minimum security wing, where Shrem will be held. Wikipedia has a long list of notable felons that have lodged at Lewisburg, including organized crime bosses Whitey Bulger and John Gotti. There is no mention of Lewisburg’s newest tenant.