“Charlie Shrem, along with a Florida man named Robert Faiella, was charged with conspiracy to commit money laundering linked to alleged sales of more than $1 million in bitcoin to people who wanted to buy drugs on Silk Road, an online marketplace that accepted only the crypto currency.  The arrests underlined growing concerns among law enforcement that bitcoin, a purely anonymous means of exchange, had become the preferred currency of the criminal underworld, and that payments companies like Shrem’s had become the enablers of drug trafficking and other nefarious enterprises. But you know what else has a history of enabling nefarious criminal enterprises? Banks.”

http://nybw.businessweek.com/articles/2014-02-07/bitcoin-enables-a-fraction-of-the-drug-dealing-banks-facilitated

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