Tuesday, May 30, 2023

Winklevoss twins try to pivot

Here's today's Big Take

May 30, 2023

Cameron Winklevoss and Tyler Winklevoss.
Photographer: Callaghan O'Hare/Bloomberg

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Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins' Gemini crypto exchange just seem to keep piling up. The SEC is suing the exchange. Its market share has shrunk despite the rebound in prices. A banking partner wants to break up. Gemini is at a crossroads. 

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