[ad_1]
Investors Cameron and Tyler Winklevoss have been ordered to repay $ 45,000 in legal fees incurred by contractor Charlie Shrem in an ongoing lawsuit alleging he had not negotiated a series of promised cryptocurrency purchases on their behalf.
In an order filed on Thursday in the Southern District Court of New York in the United States, Judge Jed S. Rakoff ruled that Shrem should be reimbursed for a previous court ruling granting plaintiffs the opportunity to seize up to $ 50,000. $ 30 million of his property. badets.
The initial order was canceled on November 8, when Shrem filed a motion to recover the attorney's fees and the costs of defending the motion.
Winklevoss Capital's lawyers had attempted to argue that Shrem was not to recover the funds for his expenses because he ultimately only charged a "de minimis amount" of less than $ 5. However, the court finally rejected the idea that this motion would invalidate Shrem's claim, although the judge ruled that the damages sought should be reduced by 40% as a result of the re-examination of the charges.
Brian Klein, a partner at Baker Marquart LLP, said of the decision:
"We are pleased that the judge ruled on Charlie and ordered the WCF to reimburse him for legal fees incurred to quash the WCF's $ 30 million seizure order. This is another big step towards full confirmation.
Overall, the filing of the complaint is the latest in a recent lawsuit against three prominent figures in the cryptocurrency industry and former trading partners.
Winklevoss Capital was previously an investor in Shrem's first startup, BitInstant, the first-ever public-sector crypto-currency exchange before it was finally closed in 2013. Shrem later found itself guilty of breaking the rules. money laundering rules during his tenure as Director General. that he would finally serve a one year prison sentence.
A lawsuit is now on the cusp of hearing other arguments in the ongoing trial in June.
Winklevoss Brothers – Charl … from on Scribd
Image of Charlie Shrem via CoinDesk Archive
Source link
