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Winklevoss Twins

TradingKeyTradingKey19 hours ago

The Winklevoss Twins, Cameron and Tyler, are American investors and entrepreneurs who established the Gemini cryptocurrency exchange in 2014.

They are most famously recognized for suing Mark Zuckerberg, the founder of Facebook, claiming that Zuckerberg plagiarized their idea and unlawfully utilized source code intended for their own social media platform.

The Winklevoss twins ultimately settled the lawsuit for $65 million.

The twins are also noted for investing $11 million in Bitcoin (BTC) in 2013 when its price was approximately $120.

This foresight and their vocal advocacy for the cryptocurrency market have made them prominent figures in the media, frequently appearing on financial news channels and being quoted online for their insights and opinions on various crypto-related events.

Following the launch of the Gemini exchange in 2016, the twins leveraged their influence to propose an exchange-traded fund (ETF) backed by Bitcoin (BTC) to the U.S. Securities and Exchange Commission (SEC).

The proposal was rejected.

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