Robert Faiella, the bitcoin trader charged alongside BitInstant CEO Charlie Shrem, has been sentenced to four years imprisonment in a New York court.
The indictment indicates Shrem and Robert Faiella had been conspiring together to funnel money into Silk Road since 2011.
An Australian alleged to be a Silk Road moderator will likely sent to the United States for trial soon.
Did the arrest of Charlie Shrem constitute unnecessary harassment by the government?