Early Win for Shrem: Judge Unfreezes Assets in Winklevoss Lawsuit

In a short-term win for bitcoin advocate Charlie Shrem, a federal judge has lifted the freeze on Shrem’s financial accounts in an ongoing legal battle against the Winklevoss twins. Shrem’s financial accounts and assets were temporarily frozen via an attachment order following the suit’s initial filing. The order allowed the U.S. Marshall for the Southern District to freeze Shrem’s assets, instructing cryptocurrency companies like Coinbase and Xapo and legacy financial institutions to freeze Shrem’s assets up to $30 million, the amount the Winklevosses are seeking in damages. However, following a…

Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

Early bitcoin entrepreneur Charlie Shrem is pushing back against an accusation that he stole 5,000 bitcoin from Tyler and Cameron Winklevoss, according to recently-published court filings. In a document filed Monday with the U.S. District Court for the Southern District of New York, Shrem calls the Winklevoss brothers’ assertion that he stole 5,000 bitcoin “dead wrong,” while also arguing against a prejudgement motion to freeze certain of his assets. The Winklevoss brothers sued Shrem in September, though the complaint remained under seal until October, claiming that while they paid him…

Winklevoss Lawsuit | Lawyer States Shrem Committed ‘No Misconduct’

Earlier this month, the NY Times reported that the crypto-famous Winklevoss twins have accused Bitcoin Foundation founder Charlie Shrem of Bitcoin fraud. The Winklevoss lawsuit has now turned into a heated battle between both parties. Winklevoss Lawsuit According to the report by the NT Times, Shrem made several lavish purchases in 2018, that caught the attention of the Olympian twins. The pair filed a civil lawsuit against Shrem accusing him of stealing thousands of Bitcoin from them in 2012. “Either Shrem has been incredibly lucky and successful since leaving prison, or—more likely—he…