Twins Who Sued Facebook Over Creation of Social Network Now Betting Big on Bitcoin


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It almost seems like a setup for a bad joke: “The Winklevoss twins and Bitcoins walk into a bar.” But it’s true, the Winklevoss twins have bet big on a cryptocurrency technology called Bitcoins, and they may just change the financial landscape with their new company, Gemini.

Who Are the Winklevoss Twins?

For most people, the Winklevoss twins are a forgotten memory. In case you’ve forgotten, the twins got into a rather heated legal battle several years ago with Facebook CEO Mark Zuckerberg. The Winklevosses (actual twins by the name of Tyler and Cameron) claimed that they had hired Mark Zuckerberg as a programmer to develop a new kind of social network, and Zuckerberg had taken their ideas and used them to create Facebook.

Cameron Winklevoss, Tyler Winklevoss. Courtesy AP Images

Cameron Winklevoss, Tyler Winklevoss. Courtesy AP Images

While the Winklevoss twins ultimately dropped their challenge, they did settle with Zuckerberg for a hefty sum of money. Since then, they have been involved in multiple technology related investments through their investment firm Winklevoss Capital. However, their main focus has been Bitcoins. They have been an early investor,

Read more ... source: TheBitcoinNews