Bitcoin Billionaires & Facebook Again WOW!!! What's next?

Crypto4Bitcoin
May 27, 2019
1 min read

THE BITCOINAIRES & FACEBOOK

In 2004, the Winklevoss brothers sued Facebook founder Mark Zuckerberg, claiming he stole their ConnectU idea to create the popular social networking site, and ultimately received $65 million.

In 2013, the twins led a $1.5 million in seed funding of BitInstant, a bitcoin payment processor. However, in January 2014, Charlie Shrem,

CEO of BitInstant, was arrested and charged with money laundering related to the Silk Road online black market investigation.[29] The brothers said they were passive investors in the company.

In 2015, Gemini, the twins' Bitcoin exchange, received approval to launch from the New York State Department of Financial Services.

Gemini Exchange

This is not a wallet QR code

In 2018, Cameron and Tyler Winklevoss won a patent for settling exchange-traded products (ETPs) with digital currencies, including bitcoin, ripple, dogecoin and ethereum.

IN 2019, Facebook has held talks with cryptocurrency exchanges Gemini, which was founded by the Winklevoss twins, and Coinbase, the newspaper said Thursday, citing sources. The company is reportedly working on a way to use cryptocurrency to facilitate payments through WhatsApp. The currency also would allow Facebook’s 2 billion users to exchange money as well as buy things on Facebook’s other platforms like Instagram, the Financial Times said.