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Winklevoss twins secretly withdrew $280M in assets before crypto firm collapsed: sources

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Winklevoss twins secretly withdrew $280M in assets before crypto firm collapsed: sources

The Winklevoss twins, cofounders of the Gemini exchange, withdrew $282 million in the months before the collapse of the exchange, which froze $900 million worth of customer deposits.

“…the twins’ move to pull their money, months before Genesis suspended customer withdrawals, raises questions about what they knew in August 2022 and could undercut their claims in a pending lawsuit that they were unaware of the extent of the lender’s financial woes.”

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