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Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis

Creditors of the crypto financial firm Genesis propose a package $1.5 billion of forbearance payments and loans denominated in dollars, bitcoin and ether, according to a term sheet posted on Twitter by the Gemini co-founder.

By Bradley Keoun|Edited by Bradley Keoun

Updated Jul 5, 2023, 3:15 p.m. Published Jul 4, 2023, 1:59 a.m.

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos, announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff. — Gemini co-founders Tyler and Cameron Winklevoss. (Getty Images)