Crypto

Winklevoss Twins attempt European pivot for Gemini

Mounting market, legal and regulatory challenges cloud the firm’s future as it seeks an overseas reset with Dublin as its European HQ

The Winklevoss twins, OG Bitcoiners, face a raft of challenges in a changed crypto landscape.

Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs. But these days, issues around the billionaire twins’ Gemini crypto exchange just seem to keep piling up.

The Securities and Exchange Commission (SEC) is suing Gemini as regulators crack down on the industry. The exchange’s market share has shrunk versus rivals even as crypto prices have rebounded. A banking partner wants to break ...