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08/02/19 08:16 UTC-5

Gemini owners are forced to compensate Charlie Shrem for a lawyer

The owners of the Gemini Cryptocurrency Exchange, the Winklevoss brothers, will be forced to pay compensation in the amount of $ 45,000 to businessman Charlie Shrem during the trial, as reported by CoinDesk.

Investors Cameron and Tyler Winklevoss were ordered to pay $ 45,000 in compensation for the "legal costs" incurred by entrepreneur Charlie Shrem in the ongoing legal process. According to information from the courtroom, Charles Shrem was first accused of stealing money from the Winklevoss, and then filed a petition for reimbursement of expenses and "legal costs".

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Gemini owners litigation

According to a ruling by the United States District Court for the Southern District of New York, on February 7, Judge Jed S. Rakoff granted the motion for reimbursement of "legal costs" to entrepreneur Charlie Shrem. The CoinDesk article states that the Winklevoss brothers must reimburse the expenses of Shrem in court proceedings, the amount of compensation, according to a court orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position. Details
, is $ 45,000.

Recall that on November 2, 2018, the scandalous owners of the Gemini crypto-exchange won a lawsuit against Charlie Shrem. According to the document, the entrepreneur allegedly stole 5,000 Bitcoins from them (which then was equal to the sum of 61,000 dollars). At the beginning of the court proceedings, Shrem was sentenced to imprisonment with a freezing of cash accounts in the amount of $ 30 million. However, in less than a week, the charges were dropped, and the entrepreneur himself was released.

The original court decision was reversed on November 8, after which Shrem filed a motion for attorney fees. During the proceedings on February 7, 2019, the court granted Charlie Shrem's petition and now Winklevoss are obliged to pay compensation in the amount of $ 45,000.

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Gemini owners must pay attorney Charlie Shrem. Recall that this is not the first scandalous trial of the Winklevoss brothers. On February 6, their crypto-exchange illegally frozen the accounts of over-the-counter investors who wanted to exchange steable-coins for fiat.

Editor: Yulia Krasnaya

See also: "The Opera company presented a cryptocurrency browser wallet for Android"

#cryptocurrency #blockchain #exchange #Winklevoss #CharlieShrem #court #cryptocurrency #Bitcoin #USA #Gemini

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