The First Bitcoin Billionaires Filed A Lawsuit Against Crypto Pioneer Charlie Shrem

Cameron and Tyler Winklevoss are in the crypto news again for reportedly filing a lawsuit against Charlie Shrem-the crypto pioneer.

The founders of the Gemini exchange and the first bitcoin billionaires, who were allegedly Shrem’s business partners, sue Shrem for stealing 5,000 bitcoins back in 2012 that is now worth nearly $30 million. Not to forget, these 5,000 bitcoins had a stunning worth of $100 million during the 2017 peak.

The 28-year-old Shrem has already served time in federal prison for selling bitcoins to people that use them to purchase drugs on the dark web marketplace Silk Road. He said that he’s going to prison without a single dime but somehow after he was released you could see him acquiring millions in property.

According to the filed report:

“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.’’

Shrem allegedly owes the government more than $900,000 in restitution for his 2014 plea agreement and the US District Court Judge Jed Rakoof granted the request from the Winklevoss twins to freeze Shrem’s bitcoin funds held and Coinbase or Xapo exchanges.

Brian Klein, Shrem’s lawyer, said that will clear his name in court and that the claims ‘’could not be further from the truth.’’ He told the New York Times that Charlie intends to defend himself ‘’vigorously’’ in court and defend his name.