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December 19, 2017

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Tech: The Winklevoss twins cut up the key to their $1.3 billion bitcoin fortune and keep each piece in different bank vaults

People laughed at the Winklevoss twins in 2012 when they started buying up bitcoin — lots of bitcoin.
The Winklevoss twins, known for suing Mark Zuckerberg, started buying bitcoin in 2012.
Their bitcoin holdings are now worth $1.3 billion.
The twins keep the private key for their bitcoin fortune in multiple pieces in bank vaults around the country.
People laughed at the Winklevoss twins in 2012 when they started buying up bitcoin — lots of bitcoin.
The two Harvard-educated entrepreneurs ended up buying about 120,000 bitcoins back when the price was less than $12 per bitcoin. The siblings bought the cryptocurrency with funds they got from settling a lawsuit against Mark Zuckerberg over claims that they came up with the idea for Facebook.
Nobody’s laughing at Cameron and Tyler Winklevoss anymore. They confirmed in an interview with the New York Times that they have held on to their bitcoins as the price has skyrocketed.
That means their bitcoin fortune is worth $1.3 billion, at Tuesday’s price of $17,800 per token.

…..Full News from source

December 19, 2017

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