Bitcoin crusader Charlie Shrem pled guilty in court yesterday to charges related to Silk Road, the Deep Web drug market. The 24-year-old sounded much less defiant than he had just earlier this week. "I knew that what I was doing was wrong," he told the court, "I am pleading guilty because I am guilty."
At a panel on virtual currencies held by the New York Department of Financial Services yesterday, Bitcoin investors Cameron and Tyler Winklevoss warned banking supervisors that too many rules would "cripple" the volatile crytocurrency. It seems the twins only like an overzealous legal system when it adds to their bank account.