Judge Lifts Order to Freeze Charlie Shrem’s Assets in Winklevoss Case
Early Bitcoin supporter and entrepreneur Charlie Shrem won the first battle in a lawsuit filed by Tyler and Cameron Winklevoss and his company Winklevoss Capital Fund.
According to a court document filed Thursday by a federal judge in New York Southern District Court Jed Rakoff, the $ 30 million attachment initially granted for Shrem was lifted after the hearing.
A bond order that was approved on October 2 but sealed by October 26 allowed the US Marshal's forces in the southern district to freeze Shrem's assets.
This order includes guidelines for freezing assets of equivalent value up to 5,000 bits coin or Shrem, including Xapo, Coinbase, Poliniex, Bittrex and other exchanges and financial institutions. Included.
There would not have been much freezing from those companies. Digital Asset Holdings, Branch Banking and Trust Company, Noble Markets and ItBit have stated that there is no Shrem fund, and that Poloniex (part of Circle Internet Financial) has $ 0.41 in the account as Bitcoin. It belongs to Shrem, and Bittrex holds a fork currency called bitcoin gold, which is about $ 4.44 combined with a bit coin.
"After carefully reviewing the court, the plaintiff refuses to confirm the attachment order and takes effect immediately upon lifting the attachment," Judge Rakoff wrote.
"Opinions explaining the reason for this ruling will of course be released," he added. There are no more documents published in press time.
Brian Klein, a lawyer representing Shrem, told CoinDesk via e-mail that the ruling is "an important first step toward a full ruling."
"We are very pleased with the ruling that the judge approved the dismissal of more than $ 30 million in attachments after hearing the widespread debate of both sides today," he said.
I go to trial.
But the problem is not over: a separate document indicates that the case is going to be a jury trial on April 8, 2019.
According to the case management plan, the parties to the case have the right to raise a question that may be requesting the document without any argument by November 15th.
The plan adds that legally mandated disclosures must be filed by an expert witness, either by February or March, whether to file a legal claim or oppose the claim.
Cameron, Tyler Winklevoss and Winklevoss Capital Fund did not respond to immediate comment requests.
The Winklevoss Capital Fund filed a lawsuit against Shrem in September, promising to buy a 5,000-bit coin on behalf of the Winklevoss brothers. This suit was released at the end of October.
Shrem claimed that this accusation was false.
Image of Winklevoss brothers through Jinkel / Shutterstock
CoinDesk, a leader in block-chain news, is a media outlet that pursues the highest standards of journalism and adheres to strict editorial policies. CoinDesk is an independent operating subsidiary of the Digital Currency Group, which invests in cryptocurrencies and block-chain startups.
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