• Latest
Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

November 7, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses

coinnewsdaily by coinnewsdaily
November 7, 2018
in Business
0
Charlie Shrem Says He Never Owned Bitcoin Claimed Stolen By Winklevosses
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

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 $1 million to purchase bitcoin on their behalf in September 2012, he failed to deliver 5,000 coins, instead keeping them for himself. At press time, they would be worth approximately $32 million.

In Monday’s filing, he claims that 5,000 bitcoin in a wallet affiliated with him belonged to another individual whom he assisted, and that he, at no point, had access to the bitcoin.

In a separate affidavit, Shrem says he helped this individual (whose name was redacted, with a note stating that an unredacted version remains under seal) transfer 5,000 bitcoin into a cold storage wallet in 2012.

Shrem goes on to state that he “never moved those bitcoin again.”

He added that he did not have access to the coins afterward, either. As such, he claims he “never personally owned the 5,000 bitcoins discussed above, nor have I ever personally owned 5,000 bitcoins all at one time.”

Addressing the part of the Winklevoss brothers’ complaint stating he spent bitcoin to purchase new cars, boats and a $2 million property, Shrem added:

“After I was released from prison, I had a net worth of less than $100,000 and worked for approximately six months at a restaurant in Pennsylvania. Since working at the restaurant, I have worked a variety of jobs that have allowed me to accumulate funds and to restore myself financially.”

To support his claim, Shrem attached a pair of printouts of transactions as logged by Blockchain, showing that 5,000 bitcoin were moved twice on Dec. 31, 2012, into and later, out of a wallet associated with Shrem. Another redacted document includes emails explaining these transactions.

He also claims that despite suggestions to the contrary, he has paid part of the $950,000 he owes federal authorities as part of his 2014 guilty plea deal for running an unlicensed money-transmitting business.

Opposing the prejudgement freezing of some of his assets, Shrem further claimed that Winklevoss Capital Fund, the entity named in the plaintiffs’ side of the lawsuit, fails to prove either that the overall suit would succeed or that Shrem actively sought to defraud the plaintiffs.

Tyler Winklevoss, Cameron Winklevoss and the Winklevoss Capital Fund did not immediately respond to a request for comment. An attorney for Shrem declined to comment.

Read the opposition motion and Shrem’s affidavit below:

Opposition to motion to confirm prejudgement attachment order by CoinDesk on Scribd

Charlie Shrem affidavit by CoinDesk on Scribd

Editor’s note: This article has been updated with exhibits from Shrem’s filing.

Charlie Shrem image via FreeThink

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Credit: Source link

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
Share76Tweet48
Previous Post

Texas Regulators Enter Emergency Stop Against Crypto Mining Firm

Next Post

Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent

Coinbase Offers $5k Egg-Freezing Benefit in Bid to Retain Talent

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$21,437.00-0.16%
  • ethereumEthereum(ETH)$1,245.481.29%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$239.740.23%
  • rippleXRP(XRP)$0.367069-1.00%
  • cardanoCardano(ADA)$0.522.73%
  • SolanaSolana(SOL)$40.97-3.37%
  • dogecoinDogecoin(DOGE)$0.0715554.37%
  • polkadotPolkadot(DOT)$8.22-1.17%
  • Shiba InuShiba Inu(SHIB)$0.0000120.38%
  • daiDai(DAI)$1.00-0.03%
  • tronTRON(TRX)$0.064960-0.57%
  • leo-tokenLEO Token(LEO)$5.920.66%
  • matic-networkPolygon(MATIC)$0.611.24%
  • litecoinLitecoin(LTC)$58.523.06%
  • FTXFTX(FTT)$28.355.64%
  • chainlinkChainlink(LINK)$7.17-1.34%
  • OKBOKB(OKB)$12.990.20%
  • CronosCronos(CRO)$0.1301941.06%
  • stellarStellar(XLM)$0.125847-2.81%
  • cosmosCosmos Hub(ATOM)$8.41-0.84%
  • algorandAlgorand(ALGO)$0.350279-1.05%
  • moneroMonero(XMR)$130.572.97%
  • bitcoin-cashBitcoin Cash(BCH)$117.541.65%
  • ethereum-classicEthereum Classic(ETC)$16.50-0.29%
  • vechainVeChain(VET)$0.026007-0.21%
  • Internet ComputerInternet Computer(ICP)$6.17-2.14%
  • theta-tokenTheta Network(THETA)$1.470.33%
  • filecoinFilecoin(FIL)$6.21-0.08%
  • tezosTezos(XTZ)$1.54-0.19%
  • ElrondElrond(EGLD)$60.95-4.44%
  • bitcoin-cash-svBitcoin SV(BSV)$63.68-0.60%
  • eosEOS(EOS)$1.020.23%
  • AaveAave(AAVE)$71.05-4.28%
  • makerMaker(MKR)$1,067.332.50%
  • paxos-standardPax Dollar(USDP)$1.000.02%
  • zcashZcash(ZEC)$68.43-1.22%
  • iotaIOTA(MIOTA)$0.304687-1.59%
  • huobi-tokenHuobi(HT)$5.44-2.83%
  • zilliqaZilliqa(ZIL)$0.048707-2.11%
  • neoNEO(NEO)$9.951.20%
  • havvenSynthetix Network(SNX)$2.920.94%
  • wavesWaves(WAVES)$6.34-3.50%
  • basic-attention-tokenBasic Attention(BAT)$0.420887-2.70%
  • dashDash(DASH)$52.10-0.66%
  • PancakeSwapPancakeSwap(CAKE)$3.432.09%
  • KusamaKusama(KSM)$57.20-1.21%
  • nemNEM(XEM)$0.0439371.21%
  • CompoundCompound(COMP)$53.318.03%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • qtumQtum(QTUM)$3.15-0.21%
  • ethlendAave [OLD](LEND)$4.103.48%
  • bitcoin-goldBitcoin Gold(BTG)$17.870.60%
  • omisegoOMG Network(OMG)$2.03-2.17%
  • golemGolem(GLM)$0.248277-1.33%
  • SushiSushi(SUSHI)$1.24-3.73%
  • yearn-financeyearn.finance(YFI)$6,918.530.22%
  • ontologyOntology(ONT)$0.246993-0.82%
  • umaUMA(UMA)$2.830.61%
  • digibyteDigiByte(DGB)$0.0112602.09%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....