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Apr 24, 2021 · Bitcoin investment (2012 and 2013): In April 2013, the brothers announced they own approximately $11 million in Bitcoin through Winklevoss Capital. Some reports suggest they bought some of...
Apr 26, 2024 · When answering the question of how much Bitcoin do the Winklevoss twins own, it has been reported that they have an estimated 70,000 BTC between them. As of April 2024, that would mean that the Winklevoss twins’ Bitcoin net worth is $4.48 billion together.
- Expert Analyst, Contributor
- Founding Gemini
- Gemini vs. Genesis
- Sec Charges
The Winklevoss twins received some $65 million in cash and Facebook stock in the 2008 settlement over the creation of the social media giant. After establishing family office Winklevoss Capital in 2012, the brothers began amassing large amounts of Bitcoin. The twins owned as much as 1% of the circulating supplyof the leading cryptocurrency as of No...
A fresh wave of crypto industry turmoil sparked Gemini’s recent troubles, kick-started by the early November collapse of crypto exchange FTXand sister trading firm Alameda Research. Soon after, Genesis announced that it would suspend customer withdrawalsfrom its lending arm due to the “FTX impact,” citing “unprecedented market turmoil” in being una...
That situation remains unresolved as of this writing, but now both Gemini and Genesis both face a new hurdle in the form of the SEC charges related to Gemini Earn. The agency alleges that the firms sold unregistered securities to customers, raising billions of dollars’ worth of crypto in the process from hundreds of thousands of users. "We allege t...
Apr 15, 2024 · Peter McCormack, organizer and owner of Real Bedford, capped off the conference with an announcement of a $4.5 million investment by the Winklevoss Twins, showing bitcoin's practical impact...
Dec 4, 2017 · Rakesh Sharma. Updated December 04, 2017. They may have lost the battle for Facebook Inc. ( FB ), but the Winklevoss twins have made a success of their bitcoin venture. The spectacular...
Jan 4, 2020 · They invested $1m in BitInstant, a bitcoin currency exchange. But their real interest was in the currency itself. They bought up millions of dollars’ worth of bitcoin, eventually owning 1 per...
Dec 19, 2017 · While that drama was unfolding, the twins applied to create the first Bitcoin exchange traded fund, or E.T.F., an investment product that would hold Bitcoins but be traded on stock...
