Charlie Shrem’s Attorney Hits Back on Winklevoss Lawsuit, Claims Shrem ‘Committed No Misconduct’

On 5th November, Brian Klein formally hit back at accusations by Tyler and Cameron Winklevoss as part of an ongoing lawsuit concerning alleged Bitcoin (BTC) theft. It is to be noted that Klein is an attorney for embattled Bitcoin Foundation founder Charlie Shrem.

Attorney Brian E. Klein, in a filing addressing the Winklevosses’ claims, said Shrem had committed no misconduct. Notably, Shrem is under investigation for purportedly stealing around 5000 bitcoins ($32 million) from the Winklevoss twins in 2012.

The filing reads that Shrem can prove by verifiable evidence that he did not take the 5,000 bitcoins, which the Winklevosses have accused him of taking.

As per the previous reports of CoinAdvice, the lawsuit against Shrem involves a tangled history spanning six years. As a result of a wrangle over a deal to assist the Winklevosses to accumulate digital assets, Shrem had also lost the billionaires as business partners in his now-defunct exchange project BitInstant.

It is to be noted that Shrem afterward spent a year in jail on different charges related to BitInstant, not involving the twins.

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

Klein countered the aforementioned argument by commenting that the true facts are that Shrem paid a portion of the money owed before he knew of the Winklevosses’ complaint. He further added that he is in the process of paying the rest.

Klein also proscribed the notion that Shrem had used the 5,000 Bitcoins in question to purchase various tangible assets such as cars and property as having “no basis in fact or law.”

Meanwhile, the request sent to Shrem for comment from CoinAdvice didn’t elicit any response at the time of reporting.

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