crank return – Cameron and Tyler Winklevoss are somehow the symbols of an industry of cryptocurrency two-faced. self-confident and brilliant when Bitcoin prices are at their highest. bitter and in bad faith when the cryptocurrency winter returns. After scouring the TVs to explain how right they were and because cryptocurrencies were risk-freenow they are looking responsible to all their misfortunes. Like the modern Janus, they represent both the past recent so glorious and the future rather uncertain closure. A quick look at the two-faced 2022 for the twins Winklevii.
Cameron and Tyler Winklevoss: The Big Bull Run Speeches…
That things change quickly in finance and more particularly in the crypto ! Days happy give in to doubt e depressed in a few months. Another year ago, Cameron and Tyler Winklevoss they proudly showcased their success on social media and performed on stage with their rock cover band March crossing.
In front of American viewers, they explained with insurance that cryptocurrency was the future! That, like them, it was necessary to take risks be successful. They also asked regulation rigorous framework that would frame this nascent sector to make it the giant of tomorrow. They have also been seen teasing softly Mark Zuckerberg in the face of these setbacks with American justice. In short, all that Twins Winklevoss was touching was becominggold. And their platform Twins thrived in the shadow of a Bitcoin that was on its way to the top.
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…are hurt by the bankruptcies of Three Arrows Capital and then FTX…
But spring and autumn 2022 will put an end to this great success. Indeed, the fall of the ecosystem Land (MOON) will trigger a cascade of events. And the troubles will gradually approach the Winklevii. Because behind the speeches reassuring and verbal guarantees, the platform Twins did exactly like its competitors with his clients’ money. He put it up with high-promising actors come back and especially Global capital genesisdirected by Barry Silbert.
In the program to gaincustomers of Twins unknowingly lent your funds to a third party entity to generate a return. Unfortunately, Genesis has been exposed to Three arrows Capital it’s at FTP extension, whose fall destroyed this financial arrangement. Accused by Securities and Exchange Commission (SEC) sale of unregistered securities, Gemini now has to deal with the Regulator and al anger of their users.
…and gives way to bear market bitterness and resentment
As might be expected, Cameron and Tyler they will take advantage of their notoriety to assert their good faith. But this company will take a particular turn when it starts to accuse all back and forth. First of all Barry Silbert who is accused of mismanagement, blindness, greed, accounting fraud and irresponsibility towards its hundreds of thousands of customers. Then will come the turn of DRY. The twins blame him for letting FTX prosper and taking legal action against them for political gain.
You forget rather quickly that the regulator he had not given his approval to launch the product to gain. Geminis also tend to lose sight of what they have continues let their customers to commit in the program Earn as losses by Barry Silbert with Capital of the three arrows had already been made public. In a word, family gestures Winklevoss annoy their detractors who clearly see us at smoke screen hide their own responsibility.
For years, the twins have positioned themselves as both victims and how visionaries. Victim of Mark Zuckerberg who have taken their idea of a social network. Visionary from this summer 2012where with the money from the lawsuit won against the future CEO of Facebookin which they will invest bitcoins. But this legend accompanying the Winklevii everywhere they go it’s starting to crack seriously. And the confirmed failure of Genesis Global Capital will not resolve their business.
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