Judge Jed Rakoff has ruled to end the freeze on Charlie Shrem’s assets in a lawsuit brought against him by the Winklevoss brothers, Bloomberg reports Nov. 8. In a case unsealed in the U.S. District Court for the Southern District of New York earlier this month, the Winklevoss twins allege that Shrem took part of their $250,000 investment in his exchange BitInstant to buy 5,000 bitcoins (BTC). The Winklevosses argue that Shrem used the Bitcoin he acquired with their money to furnish a lavish lifestyle after having served a year in prison for helping users of the now-defunct Silk Road …

An attorney for embattled Bitcoin Foundation founder Charlie Shrem formally hit back on Nov. 5 at accusations by Tyler and Cameron Winklevoss as part of an ongoing lawsuit concerning alleged Bitcoin (BTC) theft. In a filing addressing the Winklevosses’ claims, attorney Brian E. Klein said Shrem, who is under investigation for allegedly “stealing” 5000 bitcoins ($32 million) from the twins in 2012, had “committed no misconduct.” “Shrem can show by verifiable evidence that he did not take the 5,000 bitcoins (the Winklevosses) accuse him of taking,” the filing reads. As Cointelegraph reported, the lawsuit against Shrem involves a convoluted history …

On November 2, details of a crypto lawsuit featuring major industry players: Bitcoin Foundation founder Charlie Shrem on one side, and the Winklevoss twins on the other, were made public. The case alleges that Shrem “stole” around 5,000 Bitcoin (BTC) from Tyler and Cameron Winklevoss in 2012. Brief introduction to both sides of the conflict Charlie Shrem Charlie Shrem is an American entrepreneur and renowned Bitcoin advocate. He started investing in Bitcoin in 2011, when he was a college senior. Later the same year, he co-founded the now-defunct BitInstant, one of the first crypto exchanges. The service turned out to …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US Rapper T.I. Sued for $5 Million After Alleged Failure of FLik Token U.S. rapper T.I. is being sued for $5 million by a group of 25 persons who have alleged that the rapper’s promotion of FLiK tokens led to a loss of around a $1.3 million investment. The plaintiffs allege that T.I. …

A lawyer for Bitcoin Foundation founder Charlie Shrem has denied claims by Tyler and Cameron Winklevoss that he “stole” 5000 bitcoins (now $31.7 million) from them in 2012, the New York Times (NYT) reported Nov. 2. In lawsuit unsealed Thursday, Nov. 1, the Winklevoss twins, with whom Shrem worked on a previous project before serving one year in jail for alleged facilitation of drug purchasing using Bitcoin (BTC), said the issue goes back to 2012. “Either Shrem has been incredibly lucky and successful since leaving prison, or — more likely — he ‘acquired’ his six properties, two Maseratis, two powerboats …

Can you remember exactly what you did on social media 10 days ago? Probably not. The days can blend together as you embark on a never-ending quest of liking posts and sharing memes. Social media can also have a detrimental effect on our mental health – with charities warning they could be particularly harmful if we compare the picture-perfect, filtered images posted by our friends to our own lives. Although these networks play a vital role in our daily lives – with research suggesting we now spend 135 minutes a day browsing and posting on such sites – a blockchain-based …

Crypto markets have taken a sharp downturn, today, July 27, with all of the top ten coins by market cap hit by hefty losses and Bitcoin (BTC) dipping back below the $8,000 psychological price point, as data from Coin360 shows. The grim market picture is likely due to yesterday’s breaking news that the Winklevoss Twins’ application for a Bitcoin exchange-traded fund (ETF) has now been rejected for a second time by the U.S. Securities and Exchange Commission (SEC). Market visualization from Coin360 Bitcoin (BTC) is trading around $7,915 to press time, down about 4 percent on the day. After leading …

Bitcoin Cash (BCH) has seen another major growth spurt as the altcoin’s lead developer pronounces Bitcoin (BTC) dead. Capping what appears to be Bitcoin’s 191st life, Deadal Nix tweeted Tuesday as BCH began picking up steam that the August hard fork meant Bitcoin already no longer existed. “Bitcoin is dead. It was split in two. There is Bitcoin Cash, and Bitcoin Core/Legacy. Deal with it,” he wrote in response to a warning about BCH from online commentator Alphonse Pace. The Core community was quick to respond, Charlie Shrem noting that Nix publicly describes himself as a “pro shitlord.” Says the …

Bitcoin continues to push past $4700 as Charlie Shrem claims any price below $100,000 per coin is “cheap.” Part of an increasingly large and prominent group of well-known names highly bullish on Bitcoin, Shrem made the comments on Twitter Thursday as the overall cryptocurrency market cap topped $170 bln. There will only ever be 21 Million #Bitcoin. Its becoming increasingly harder to buy just 1. Anything below $100,000 per #Bitcoin is cheap — Charlie Shrem (@CharlieShrem) August 31, 2017 Bitcoin reached a new all-time high in the past 24 hours’ trading, coming in at $4740 on Bitstamp from a low …

As we approach the highly anticipated BlockShow Europe 2017, Cointelegraph has met with Charlie Shrem, one of the twenty big-name speakers of the event, to discuss the hottest Blockchain news. However, one eyewitness is better than two hear-so's, as they say, and therefore we’d recommend to grab your conference tickets already now before they get pricey and/or sold out. But for now, let’s do a recap of the Blockchain-related stories that have surprised us the most in the last few weeks. A very confusing story of one “Blockchain-inspired” consortium After $59 mln research R3 Consortium, which was originally designed to …

Peter Todd, a Bitcoin core developer has outlined his view that more regulation on all levels is on the way for the digital currency sector; Stellar adopts SCP protocol proposed by a Stanford professor; Gavin Andresen has called ex-Bitcoin Foundation board members Shrem and Karpeles a “black eye” for the organization, and other top stories for April 16. Peter Todd expects greater, and more in depth, government regulation of Bitcoin Bitcoin core developer Peter Todd warns that he expects increasing governmental regulation within the digital currency sector, not only at the level of exchanges and services, but possibly also within …