Cryptocurrency investors who placed money with the Winklevoss twins and their platform Gemini are being invited to sue the brothers in a newly-filed class action lawsuit that ties the pair and their business to the collapse of FTX.
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Two investors – Brendan Picha and Max J. Hastings – filed a class action lawsuit in New York City on Tuesday that claims they were stiffed out of investment earlier this year.
The lawsuit describes how the pair, and others, purchased Gemini Interest Accounts – ‘GIAs’ – which they thought were safe, interest-gathering parking spots for their crypto assets.
Instead, they claim the Winklevoss twins – who are worth a combined $6billion – fraudulently sold those assets on to crypto lender Genesis Global Capital.
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