1
Trading / Bitcoin EX-Billionaires who sued Mark Zuckerberg lose MILLIONS as Bitcoin Fall
« on: January 23, 2018, 08:56:36 PM »For More live news latest update, upcoming events & Crypto Trading BOT trades automatically in your account no need manual Trading & Free Crypto Trading Signals
Join www.t.me/btctradingclub
THE FIRST publicly known “bitcoin billionaires” have lost around $443million (£316m) each as a result of the falling value of the Crypto Currency and have fallen out of Bloomberg’s Billionaire Index, the twins revealed
The Winklevoss twins sued Mark Zuckerberg for $65million (£46m) in 2008 for stealing the idea of Facebook and used some of the money to buy around 120,000 bitcoins in March 2013 when one coin was worth around $120 (£85).
Bitcoin exploded by almost 10,000 per cent in value between March 2013 and December 2017 making the pair some of the first bitcoin billionaires after their $11million worth of bitcoin rose to $1billion.
But, the volatility of the cryptocurrency has hit the pair hard and the dramatic fall in the value of bitcoin has reduced their fortunes in the last month.
The 37-year-olds do not seem to be too concerned as they say they plan to hold the currency over the long-term. Cameron Winklevoss said: “We’ve never sold a Bitcoin, we’re in it for the long haul.”