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Winkelvoss twins' crypto exchange faces lawsuit over $36 million theft Winkelvoss twins' crypto exchange faces lawsuit over $36 million theft
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Winkelvoss twins' crypto exchange faces lawsuit over $36 million theft
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Old 8th June 2022, 08:31   #1
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Default Winkelvoss twins' crypto exchange faces lawsuit over $36 million theft
The Winklevoss twins might soon head to court. The Vergenotes retirement savings firm IRA Financial Trust has sued the twins' crypto exchange Gemini over allegations the business didn't adequately protect customers against a February 8th breach where intruders stole $36 million in Bitcoin and Ethereum assets. The company didn't have "proper safeguards" to prevent the theft, according to IRA, and didn't freeze accounts quickly enough to block the thieves from transferring money.

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