The Winklevoss twins want $ 32 million back in allegedly stolen Bitcoins

The Winklevoss twins want $ 32 million back in allegedly stolen Bitcoins

Cameron Winklevoss (left) and Tyler Winklevoss (right).
Photo: Evan Agostini / Invision (AP)

A former Bitcoin tycoon, who spent a year in jail to facilitate transactions on the Silk Road digital drug bazaar, is being sued by none other than the Winklevoss twins.

According to The New York Times, Cameron and Tyler Winklevoss find it more than a little curious that Charlie Shrem's post-prison purchases included two Maserati sports cars, two motor boats, and a $ 2 million Florida villa, though Shrem considered himself It was almost destitute when he was imprisoned a few years ago and said he worked as a dishwasher after getting out. Winklevoss' recent unsealed lawsuit claims Shrem actually has a rainy day fund made up of 5,000 bitcoins estimated at $ 32 million at today's prices and allegedly stolen in 2012. The Times wrote:

"Either Mr. Shrem has been incredibly happy and successful since leaving prison, or more likely he" acquired "his six properties, two Maseratis, two powerboats, and other farms with the estimated value of the 5,000 Bitcoin he had stolen from the Winklevoss twins 2012, it says in the lawsuit.

Shrem worked as an investment partner with the Winklevoss brothers in 2012, providing hundreds of thousands of dollars to help them invest in Bitcoin. (The Twins' Bitcoin inventories were estimated at over $ 1 billion by the end of 2017, just before the cryptocurrency sank massively by around 70 percent.) Back then, bitcoins were only a tiny fraction of what they were goods are now worth missing The missing coins were overshadowed by other litigation between the Twins and Shrem over his now-defunct BitInstant, but Cameron Winklevoss told the Times that he has heard of Shrems' indiscrete purchases since 2016 and now "gets to the bottom of it come on. "

According to the Times, the twins hired an investigator who found that their bitcoins were transferred to Shrem on wallets at the Xapo and Coinbase money changers and they also received a court order freezing those accounts. An affidavit filed in the lawsuit also seems to indicate that Shrem owes the government nearly $ 1 million in restitution from his criminal case, the paper added.

In a statement to the Times, Shrem's lawyer Brian Klein wrote:

"The lawsuit mistakenly claims that Charlie had essentially abused thousands of Bitcoins about six years ago. Nothing is further from the truth. Charlie wants to defend vigorously and quickly clear his name. "

Since his release from prison, Shrem has worked on several projects related to the crypto-currency, including the consulting firm Crypto.IQ.

In a recent interview with the Cheddar network for business and technology companies, Shrem said it was all about giving people more freedom and opening an alternative financial system that is not controlled by third parties or a centralized system.

"If we do not need this centralized or trustworthy location, hackers will be deprived of the opportunity to steal our money and our belongings, which will prevent corruption and embezzlement – all these things go out the window," Shrem added.

Correction: Due to a copy error, an earlier version of this article referred briefly to the "Winkleboss Gemini". Although this was very funny, we regret the mistake.

[New York Times]

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