Charles ‘Charlie’ Shrem IV (born November 25, 1989) is an American businessman and entrepreneur. He is co-founder and CEO of the Bitcoin startup company BitInstant. He is a founding member of the Bitcoin Foundation and was Vice Chairman until late January 2014. On January 26, 2014, Shrem was arrested at New York’s JFK Airport on money laundering charges as he was in route to speak at the Miami Bitcoin Conference. Prosecutors allege that Shrem and another defendant, Robert Faiella, conspired to supply Bitcoin to users of the original Silk Road marketplace.