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Winklevoss Twins Settle 5,000 BTC Dispute with Charlie Shrem

Published 04/18/2019, 01:58 PM
Updated 04/18/2019, 03:21 PM
© Reuters.   Winklevoss Twins Settle 5,000 BTC Dispute with Charlie Shrem
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The Winklevoss twins reached a settlement with Bitcoin entrepreneur Charlie Shrem, ending a years-long conflict after Shrem was accused of stealing 5,000 BTC. Court documents on the case show the two sides reached a settlement, dismissing the civil action with prejudice.

“WCF and Shrem will each bear their own attorneys’ fees and costs. The case will not be reopened,” the settlement document states.

The claims against Shrem date back to 2012, when the Winklevoss twins hired Shrem and supplied $1 million for the purchase of BTC coins from private owners. Later, they claimed Shrem redirected 5,000 BTC.

The exa...

This article appeared first on Cryptovest

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