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796 Winklevosses Bet Big on a Crypto Bull Market. They Bet Wrong

The Information
Yueqi Yang @ The Information · 03/12/2026 09:00 EDT

Winklevosses Bet Big on a Crypto Bull Market. They Bet Wrong

Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they celebrated the company’s expansion in Australia with a swanky party at a greenhouse in Sydney’s Royal Botanic Garden.

The Winklevoss twins appeared via video link before a DJ played for a throng of supporters. “We’re in Australia for good,” James Logan, the new head of Australia for the crypto exchange, Gemini Space Station, said on social media.

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