The Winklevoss twins promised “real return” for Gemini users who signed onto their lending program. Now customers are owed $900 million as the contagion that began with the collapse of Sam Bankman-Fried’s FTX crypto exchange spreads further.
landing page . On that webpage, Gemini described itself as “one of the safest cryptocurrency exchanges where you can buy, sell, store, and earn interest” on cryptocurrencies.
It’s all a huge comedown for the Winklevii, the 6 '5'’ former Olympic twin rowers who famously sued Mark Zuckerberg for stealing their idea to start Facebook, and then parlayed their $65 million of Facebook stock into a Bitcoin fortune. This past summer, while trouble was brewing in crypto markets, the Winklevoss twins took their cover band, Mars Junction, across the country; one criticPrivate investors valued Gemini at $7.
Some of Gemini’s customers are already demanding the Winklevii pay up. “You should open up your own wallet,” one userFor tips, please email me at [email protected]
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