Bitcoin Company Operator Arrested, Big Bank Money Launderers Continue to Walk Free

From Business Insider:

The CEO of BitInstant, a Bitcoin exchange, has been arrested at JFK airport and charged with money laundering.  Charlie Shrem, along with a co-conspirator, is accused of selling over $1 million in bitcoins to Silk Road users, who would then use them to buy drugs and other illicit items.

Meanwhile, global money laundering operations like those at HSBC skate by with a cost-of-doing-business fine and no arrests.  From Reuters:

U.S. regulators continue to find weaknesses in the way HSBC Holdings tries to prevent money laundering, according to people familiar with the matter, even after the British bank was forced to pay nearly $2 billion in penalties and invested millions in increasing its compliance.