Winklevoss Twins Loan to Gemini Amount: $100M

Winklevoss Twins Loan to Gemini Amount: $100M

Altcoin news, News

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.

Compiled by Coinbold

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