MultiversX Tracker is Live!

TIL How The Winklevoss Brothers Sued Mark Zuckerberg for $65 Million And Invested $11 Million Of It Into Bitcoin

All Cryptocurrencies

by COINS NEWS 133 Views

I stumbled upon an interesting short story about the Winklevoss Brothers suing Mark Zuckerberg many years ago for stealing their Facebook idea. I’ve read multiple articles and here is a summary of everything I have learned.

Back in 2004, the Winklevoss brothers sued Mark Zuckerberg saying he took their idea for Facebook. They ended up settling for $65 million in 2008. But here's where it gets interesting...

Instead of just keeping the money, the twins did something bold. In 2013, they put a big chunk of it into Bitcoin when it was worth about $120 for each coin!

Their investment, which seemed like a lot back then, grew a lot. Bitcoin's price went way up, making the Winklevoss twins some of the earliest Bitcoin billionaires.

Fun fact: The Winklevoss brothers founded Gemini in 2014.

Source Source

submitted by /u/Backwood20
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments