Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert

Why the Winklevoss brothers are in a 0 million crypto faceoff with Barry Silbert


Essential Points
  • Electronic Forex Team CEO Barry Silbert and Cameron Winklevoss, co-founder of crypto exchange Gemini, are engaged in a general public feud more than purchaser assets.
  • At challenge is $900 million of Gemini shopper funds that sit frozen inside DCG subsidiary Gensis.
  • Winklevoss and Silbert are early backers of bitcoin and have been at the middle of the crypto community for several years.



Supply

If Apple makes a foldable phone, analysts say this stock will benefit
Finance

If Apple makes a foldable phone, analysts say this stock will benefit

Source

Read More
Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell
Finance

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

Key Points If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would set off a courtroom battle that would likely head to the Supreme Court. Most people familiar with the situation say Powell would sue if Trump tries dumping him. Despite seemingly low chances of success, going after Powell still could […]

Read More
Block shares soar 10% on entry into S&P 500
Finance

Block shares soar 10% on entry into S&P 500

Key Points Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. Source

Read More