A well-known American businessman and supporter of bitcoin, Charlie Shrem co-founded the now-defunct start-up BitInstant and was a founding member of the Bitcoin Foundation. He has appeared in the media on numerous occasions, including the banking on the bitcoin documentary in 2016 and the rise and fall of the bitcoin documentary at the 2014 Tribeca Film Festival.
Quick Facts
| Celebrated Name: | Charlie Shrem |
| Real Name/Full Name: | Charlie Shrem iv |
| Gender: | Male |
| Age: | 34 years old |
| Birth Date: | November 25, 1989 |
| Birth Place: | Brooklyn, New York US |
| Nationality: | American |
| Height: | 1.6m |
| Weight: | 74kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Courtney Warner |
| Children/Kids (Son and Daughter): | No |
| Dating/Girlfriend (Name): | N/A |
| Is Charlie Shrem Gay?: | No |
| Profession: | Entrepreneur |
| Salary: | N/A |
| Net Worth in 2024: | $40 million |
Charlie Shrem Biography
Charlie Schrem was born on November 25, 1989, in Brooklyn, New York, and he is of Syrian Jewish ancestry. He was reared in Brooklyn, New York, and earned a bachelor of science in economics and finance from Brooklyn College. While still in high school, he founded a business called epiphany design and production that fixed computers and printers. While attending Brooklyn College in 2009, Shrem later developed a daily deal website that offered refurbished used goods; nevertheless, BlueSwitch eventually bought the business.
Charlie Shrem Age, Height, And Weight
Charlie Shrem was born on November 25, 1989, making him 34 years old as of 2024. He stands 1.6 meters tall and weighs 74 kilograms.
Charlie Shrem Career
While still a high school student, Charlie Shrem founded Epiphany Design and Production. Later, while still in college, he started a start-up daily deal website that sold refurbished used products. At first, the business fixed PCs and printers. However, Blueswitch later purchased the business in 2012. Charlie began buying bitcoin in 2011, when he was a senior in college.
He connected with Gareth Nelson online, and the two of them founded BitInstant, a user-friendly business that charged customers to pay with bitcoins at more than 700,000 places and offered temporary credit to speed up transactions. Charlie received loans of $15,000 from his mother, $125,000 from Roger Ver, an angel investor, and $1.5 million from a consortium of investors headed by Winklevoss Capital Management in 2012.
30% of all bitcoin transactions were being handled by BitInstant as of 2013. Charlie is a founder member of the bitcoin foundation’s board of directors. On November 22, 2016, he revealed a new company venture called Intell Syst Capital, where he worked as chief technology officer. In May 2017, he joined Jaxx as its head of business and community development, and he later held the position of the chief operating officer. In May 2019, Charlie Shrem debuted his podcast Untold Stories, which serves as an oral history of bitcoin.
Charlie Shrem Net Worth
Charlie Shrem’s net worth is anticipated to be $40 million as of February 2024. He acquired his money through a profession in bitcoin. While still in high school, he established Epiphany Design and Production, a business that fixes computers and printers.
He started a daily deal website that dealt with the sale of refurbished goods later in college. In addition, Charlie is a co-owner of the 2013-opened, bitcoin-accepting Manhattan bar EVR, which he co-founded. He revealed in 2018 that he would be working as an advisor for the internet operating system. A young American businessman named Charlie Shrem has been able to establish a reputation for himself through hard work and dedication.
Charlie Shrem Wife, Marriage
Charlie Shrem has a spouse. He is married to Courtney Warner, however as of right now, the two are childless. Charlie and his wife relocated to Sarasota, Florida, in 2017. Charlie has frequently found himself in legal trouble. For instance, on January 26, 2014, he was detained and accused of conspiring with Robert Falabella to launder $1 million worth of bitcoins. The charges claimed that the bitcoins will be used to facilitate unlawful transactions on the Silk Road by users. Charlie was also accused of running an illegal money-transfer operation and neglecting to disclose suspicious banking activities. He was granted free on a $1 million bail and is now living with his parents in Marine Park, Brooklyn.
Charlie was charged on April 10, 2014, with operating an unregistered money transmission business, conspiring to launder money, and intentionally failing to disclose suspicious activities to financial authorities. On December 19, 2014, he was found guilty of a lesser offense, ordered to pay $950000, and given a two-year prison sentence after entering a guilty plea. He later turned himself into police on March 30, 2015, and was taken to the Pennsylvania federal prison camp in Lewisburg. He was eventually freed in June 2016. The Winklevoss Twins sued Charlie once more in September 2018 on the grounds that he had stolen thousands of bitcoins from them in 2012. The claims led to the freezing of some of his assets, but the case was ultimately dismissed in 2019.
