The 29 year old bitcoin advocate and American business mogul is also the founder of Bit Instant company, in 2011. He acted as the Vice Chairman of the Bitcoin Foundation and is also a founding member. He had fraud issues associated with Silk Road in 2014 and was sentenced to prison for 24 months (for running an unregistered business). After his release, he served for Jaxx and was the director of business and community development in 2017.
Charlie Shrem Bio: Age, Early Life, Education
He is Jewish-Syrian that was born and raised in Brooklyn, New York, in the year 1989. In 2012, he graduated from Brooklyn College and is an alumnus of Yeshivah. He has a degree in Economics and Finance.
Charlie Shrem Career Details
He started investing in bitcoin during his senior year in college, in 2011. After a while, the platform he was using to trade bitcoin crashed, where he lost his investment. This however didn’t make him give up. He continued with a friend he met over the internet, Gareth Nelson; and after facing so much troubles while trading bitcoin on other sites, they decided to run their own bitcoin company; Bit Instant. It is more user friendly than other trading sites. They had over 700, 000 locations for purchasing bitcoin, and also offered credit to users to enhance their transactions.
To grow his company, he collected a loan of about $10,000 from his mother, and after a while, the company got a boost of about $125,000 from angel’s Roger Ver. In 2012, investors including Winkle Voss Capital Management invested $1.5 million into his company. The company was responsible for processing about 30% of every bitcoin transaction, until it shut down in July of 2013.
Shrem and Jason Granger launched another venture he called Intellisys Capital, on the 22nd of November, 2016; where he was the chief technology officer, and Jason was the chief executive officer.
In high school, he had started a company he called “Epiphany Design and Production”; a firm that fixed printers and computers. He also built a site he called “Daily Checkout”; a site that sold refurbished goods. In 2012, Blue Switch bought the company.
Charlie Shrem Net Worth
According to Daily Mail reports, Shrem has a net worth of about $^ million.
Charlie Shrem Marriage Details
Shrem is married to Courtney Warner, who is a very private person. However, she recently revealed her person to be a commercial print model and actress. She is a dedicated member of Steem and Bitcoin. They both met in 2013when she served as a cocktail waitress for a popular club in New York called EVR. There is no news about them having any kids.