Winklevosses' Foe Wins End to Asset Freeze in Bitcoin Battle630.38

The Winklevoss brothers lost a round in a court against the disgraced former head of a New York cryptocurrency exchange.

Tyler and Cameron Winklevoss sued ex-BitInstant CEO Charles Shrem, claiming he took part of their $750,000 investment in his exchange in 2012 and used it to buy 5,000 Bitcoins, then valued at $61,000. A judge froze Shrem’s assets last month before Shrem found out about the suit, but lifted that order Thursday after a court hearing.

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