Tyler and Cameron Winklevoss recently financed their Gemini crypto exchange with $100 million to help the company survive the recent market collapse.
According to speculation, the loan amount of $100 million corresponds to the amount that Gemini agreed to repay to Earn users in the Genesis bankruptcy case.
After the dust settled, the Winklevoss twins announced that they would pay $100 Million back to their Gemini Earn users that were associated with Genesis. It remains to be seen if the latest loan can be tied with the Gemini Earn commitment made by the twins.
3/ In addition, Gemini will be contributing up to $100 million more for Earn users as part of the plan, further demonstrating Gemini’s continued commitment to helping Earn users achieve a full recovery.
— Cameron Winklevoss (@cameron) February 6, 2023
Compiled by Coinbold