Shrem shared his new Bitcoin (BTC) faucet website — 21million.com — in a May 4 X post, which mimics the first-ever Bitcoin CAPTCHA page created by early Bitcoin innovator Gavin Andresen back in 2010.The 21million.com website currently displays a screenshot of a CAPTCHA task and a box to enter a receiving Bitcoin address, which was not functional at the time of writing. Shrem’s Bitcoin faucet website also shows that there are 0 Bitcoin available to claim.
BitInstant co-founders Gareth Nelson (left) and Charlie Shrem (right) pictured together at an industry event.Source: Charlieshrem.comShrem also co-founded the Bitcoin Foundation in 2012, serving as vice chairman to encourage the adoption of Bitcoin as an alternative to traditional banking.However, on Jan.26, 2014, Shrem was arrested while attempting to disembark from a plane in New York and later charged with money laundering related to his role with BitInstant.
Shrem pleaded guilty to a reduced charge and served one year before being released in 2016. Related: Bitcoin eyes $95K retest as traders brace for Fed rate cut volatilityAfter prison, Shrem returned to the crypto space, founding crypto advisory firm CryptoIQ and Druid Ventures, a $13 million crypto-focused venture capital fund. He also launched The Charlie Shrem Show, a podcast with over 400 episodes featuring some of the industry's most notable crypto figures.
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Author / Journalist: Cointelegraph by Brayden Lindrea
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