Shrem’s Lawyers Fire Back: Bitcoin’s “First Felon” Never Owned 5,000 BTC-1.29

As reported by Ethereum World News just days ago, Charlie Shrem, the former CEO of the now-defunct, New York-headquartered BitInstant, was sued by both Tyler and Cameron Winklevoss, the founders of Gemini Trust and two early Bitcoin (BTC) adopters.

This legal development, which was revealed via an in-depth New York Times piece, marks yet another occasion that Shrem has come under fire on the legal stage, as the early crypto savant was previously sentenced to prison for reportedly facilitating fiat-to-crypto-to-illicit good transactions through BitInstant. After his one year in the slammer, the America-based Bitcoin expert was reportedly left with pennies in his bank account (and close-to-zilch (0) crypto in his wallets), prompting Shrem to take up a minimum wage job as a dishwasher in a local diner to stay financially afloat.

Original source

Add comment

Please Sign in to be able to leave comments.