Who got rich off Bitcoin?

Question

Who became rich after investing in cryptocurrency, especially bitcoins? Is it actually true?

who-got-rich-off-bitcoin

Who got rich off Bitcoin?

solved 0
Adam Smith 4 months 1 Answer 73 views 2

Answer ( 1 )

  1. Summary: Tyler and Cameron Winklevoss parlayed the millions they earned after settling their Facebook lawsuit into cryptocurrencies and became the first billionaires from a late-2017 surge in Bitcoin prices.

    They claim to own approximately 1% of all Bitcoins in circulation and have devised an elaborate system to store their private key for their assets.

    The former Olympic Games’ rowers famously sued Mark Zuckerberg, claiming he stole their HavardConnection (now ConnectU) idea when creating Facebook. The $65m they secured in the lawsuit helped fund their subsequent venture capital projects, including bitcoin. A few years ago, it was claimed the brothers owned around 1 per cent of all the world’s bitcoins, which would put their crypto-wealth today at more than $1bn. In 2015, the pair launched a cryptocurrency exchange, Gemini. They also have holdings in other cryptocurrencies, including ether.

    Best answer

Leave an answer

Browse
Browse

By asking your question, you agree to the terms of service and Privacy Policy.