A lawyer for Bitcoin Foundation founder Charlie Shrem has denied claims by Tyler and Cameron Winklevoss that he "Stole" 5000 bitcoins from them in 2012, the New York Times reported Nov. 2.
In lawsuit unsealed Thursday, Nov. 1, the Winklevoss twins, with whom Shrem worked on a previous project before serving one year in jail for alleged facilitation of drug purchasing using Bitcoin, said the issue goes back to 2012.
"Either Shrem has been incredibly lucky and successful since leaving prison, or - more likely - he 'acquired' his six properties, two Maseratis, two powerboats and other holdings with the appreciated value of the 5,000 Bitcoin he stole," the NYT quotes the lawsuit as claiming.
The judge overseeing the complaint - the same involved with Shrem's previous case - has "Agreed to freeze" some of his assets, a request which originally surfaced in September, while also considering a further claim he owes $950,000 in restitution from when he pleaded guilty in 2014.
The debacle goes back to alleged funds Shrem failed to repay the Winklevosses as part of their investment in his extant project BitInstant.
Against a payment of $250,000, Shrem reportedly only gave the twins $189,000 in Bitcoin, which at the time traded around $12.50.
A falling out over management saw the partners sever contact with each other, while Shrem subsequently pleaded guilty to activities involving BitInstant before the Winklevosses came on board.
In the meantime, a private investigator hired by the Winklevoss twins reportedly tracked the missing 5000 BTC funds, leading to the present lawsuit and asset freeze decisio.
While Shrem has not officially responded to the fresh legal challenge, a lawyer representing him criticized the lawsuit's content.
Shrem has not responded to Cointelegraph's request for comment by press time, and this article will be updated as more information is made available.
Winklevoss Lawsuit Claims Charlie Shrem 'Stole 5000 BTC' in 2012, Shrem's Lawyer Denies
gepubliceerd op Nov 2, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.