Topic: [2018-11-7]Charlie Shrem ‘Committed No Misconduct’ Says Lawyer as Winklevoss Law (Read 162 times)

He paid part of the restitution to the state. He doesn't say that he was planning to pay the twins anything. He claims that he wasn't and that he never took their Bitcoins.
It will come down to being able to prove it. They say he took it, he says he doesn't. Should be an easy case for the judge.

They are definitely good a litigating!  I agree that the quote you quoted is pretty damning, the final result will be interesting.  It is in Shrem's interest to settle, he has enough problems without adding to them.

coming from shrem's lawyer, this comes off pretty damning. the winklevii take him to court, so he counters "i was planning to pay you the whole time, honest!"

having said that, this is all getting blown out of proportion. no court is going to recognize the debt at 5000 BTC---debts are payable in fiat. the twins claim he misappropriated $61k. they might be able to slap on some damages, but they'll get laughed out of court for arguing the damages are $32 million.

are they really that hard up for $100k?

An attorney for embattled Bitcoin Foundation founder Charlie Shrem formally hit back on Nov. 5 at accusations by Tyler and Cameron Winklevoss as part of an ongoing lawsuit concerning alleged Bitcoin (BTC) theft.

In a filing addressing the Winklevosses’ claims, attorney Brian E. Klein said Shrem, who is under investigation for allegedly “stealing” 5000 bitcoins ($32 million) from the twins in 2012, had “committed no misconduct.”

“Shrem can show by verifiable evidence that he did not take the 5,000 bitcoins (the Winklevosses) accuse him of taking,” the filing reads.

As Cointelegraph reported, the lawsuit against Shrem involves a convoluted history spanning six years. The result of a falling out over a deal to help the Winklevosses accrue cryptocurrency, Shrem had also lost the billionaires as business partners in his now-defunct exchange project BitInstant.

Shrem subsequently spent a year in jail on separate charges related to BitInstant, not involving the twins.

In September, however, the same judge in charge of the previous proceedings agreed to partly freeze Shrem’s assets amid accusations by the Winklevosses he had failed to pay almost $1 million in restitution to the state as part of his plea deal.

This, Klein continues, is also incorrect, countering:

    “The true facts are that Shrem paid a portion of the money owed before he knew of the (Winklevosses’) complaint, and is in the process of paying the rest.”

Klein also denounced the idea Shrem had used the 5,000 BTC in question to purchase assets such as cars and property as having “no basis in fact or law.”

Shrem himself has not responded to a request for comment from Cointelegraph sent Nov. 2.

Source: https://cointelegraph.com/news/charlie-shrem-committed-no-misconduct-says-lawyer-as-winklevoss-lawsuit-continues