I think it is a major flaw to assume someone's conspicuous consumption is from YOUR money.
This man has been in crypto for 8 years
Anyone that was there for the last 15 months could have made enough FROM SCRATCH to buy those things just trading. I've had hundreds of dollars of DUST in exchanges and wallets that I rediscovered were worth 6 figures, and at some points 7 figures if had checked. Even if the government had frozen some of my assets in connection with blah blah blah, I'd still have this stuff.
Add in advisory roles, salaries, the conference circuit, you might as well just fire your lawyer for coming up with that children's tale, and just stick to why someone might owe you money not "and here's proof they're the bad guy we must stop him NAO!"
It doesn't really matter if his current wealth is a derivative of past dealings or recent success. He still owes those past debts unless he declared bankruptcy and they were discharged. It also sounds like the Winklevoss have some block chain evidence that his current wealth is related to long held Bitcoin.
Oh right, because saying "your are bankrupt" or actually declaring bankruptcy means permanently broke and living in public housing or under a bridge.
According to your story of events he would have had to say this in early 2015. He has been C-level at a hedge fund just a few months after getting out of prison in mid 2016.
And of course thats not how bankruptcy works at all.
This story is for extremely gullible and naive people, in order to try and get a summary judgement.
> because saying "your are bankrupt" or actually declaring bankruptcy means permanently broke and living in public housing or under a bridge
Mr. Shrem has "not paid the government $950,000 in restitution that he agreed to as part of his 2014 guilty plea" [1]. It's reasonable to expect him to not be purchasing "two Maseratis, two powerboats — one of them 32 feet long — and a $2 million house in Florida" while simultaneously launching "various partnerships...that had to give money back to investors" just a year out of jail.
This man has been in crypto for 8 years
Anyone that was there for the last 15 months could have made enough FROM SCRATCH to buy those things just trading. I've had hundreds of dollars of DUST in exchanges and wallets that I rediscovered were worth 6 figures, and at some points 7 figures if had checked. Even if the government had frozen some of my assets in connection with blah blah blah, I'd still have this stuff.
Add in advisory roles, salaries, the conference circuit, you might as well just fire your lawyer for coming up with that children's tale, and just stick to why someone might owe you money not "and here's proof they're the bad guy we must stop him NAO!"