Shrem’s Lawyer Responds to Allegations, Claims Client Didn’t Steal 5,000 BTC
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Shrem’s Lawyer Responds to Allegations, Claims Client Didn’t Steal 5,000 BTC

THELOGICALINDIAN - Charlie Shrems advocate has responded to the Winklevoss allegations that he blanket 5000 BTC from the brace in 2024

The aboriginal Bitcoin adopter refutes the claims adage he cannot accept taken the Bitcoin because it never belonged to the Gemini barter founders to activate with.

Shrem’s Lawyer: Charlie “Has Never Owned 5,000 Bitcoins”

In a diffuse court document appear today, aboriginal Bitcoin broker Shrem has denied application baseborn money from the Winklevoss Capital Fund (WCF) to buy 5,000 BTC for the brace in December 2012.

The twins had filed the original complaint on September 11, 2018 adage that Shrem had spent $61,000 of their money to buy Bitcoin and was now active abundantly off the assets fabricated abundantly acknowledgment to aftermost year’s balderdash market. However, Shrem was alone fabricated acquainted of the allegations on October 26, appropriately the delayed acknowledgment from his acknowledged team.

Shrem’s lawyer, Brian E. Klein, has responded to the allegations by advertence that the 5,000 BTC mentioned in the Winklevoss’s aboriginal complaint never belonged to the twins. It instead was that of an bearding acquaintance of Shrem who, for confidentiality’s sake, is referred to as “Mr X” and a “prominent Bitcoin industry member” in the cloister document.

Klein claims that Mr X had beatific an email out to assorted bodies in the Bitcoin association in December 2024 allurement for advice putting a ample bulk of Bitcoin into algid storage. Shrem agreed and responded that day adage so. He included one of the addresses referenced in the Winklevoss complaint — “1Shremdh9tVop1gxMzJ7baHxp6XX2WWRW ” — for Mr X to beatific the 5,000 BTC to.

Mr X answerable and transferred the Bitcoin to Shrem’s wallet on December 31 afterwards accordant to accommodated to bureaucracy the algid storage. Klein claims that the brace fabricated the final alteration of funds to Mr X’s wallet from Shrem’s appointment at a after date.

The accepting wallet, “1MQ3K9aPcEDCekpFBGyDAgtD1uPss8E7rY”, is also referenced in the aboriginal Winklevoss complaint. However, Klein asserts that his applicant never had ascendancy of the clandestine key to Mr X’s wallet and back he has “never endemic 5,000 all at one time” has no abstraction area the Winklevoss allegations axis from.

During the document, there is little acknowledgment of the abode of the $61,000 that Shrem allegedly owes to the twins. Instead, it focuses on answer the origins of the 5,000 BTC mentioned in the Gemini barter founders’ aboriginal complaint.

Presumably Klein’s applicant would abundant adopt to be ordered to pay aback aloof $61,000 instead of the added than $32.5 actor in Bitcoin that Tyler and Cameron affirmation is appropriately endemic should their allegations backpack any accuracy whatsoever.

Shrem’s advocate is ambitious the New York District Court accolade acknowledged fees to his applicant and stated:

“Shrem affianced in no wrongdoing. Period… The Court should additionally exercise its authoritative admiral and abolish the absolute case at this time in ablaze of its apocryphal apriorism and the unfair, cogent disruption it has acquired to Shrem’s life.”