Did Winklevoss twins Bilk investors out of $1.1 billion?

A pair of crypto firms including a struggling exchange owned by the Winklevoss twins allegedly bilked investors out of $1.1 billion as the digital currency market tanked last year, according to a bombshell lawsuit filed Thursday by New York’s attorney general.

Who are Cameron & Tyler Winklevoss?

Link Copied! The Winklevoss twins in Singapore in September 2023. Gemini Trust, a cryptocurrency exchange founded by Cameron and Tyler Winklevoss, will return at least $1.1 billion to customers of its now shuttered lending program, following a settlement with a New York regulator.

Why did Cameron & Tyler Winklevoss secretly pull $282 million from Genesis?

The complaint was unveiled weeks after The Post reported Cameron and Tyler Winklevoss secretly pulled $282 million in cryptocurrency from Genesis on Aug. 9, 2022. A few months later on Nov. 16, Genesis had frozen withdrawals on some $900 million in customer assets after the bank was caught up in the meltdown of Sam Bankman-Fried’s FTX empire.