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

DATE POSTED:March 12, 2026

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.