Beautiful Virgin Islands

Friday, Oct 11, 2024

Winklevoss Brothers Invest $4.5m in Non-League Football Club RBFC, Aiming for Premier League

The non-league football club Real Bedford FC received a $4.5m investment from Winklevoss Capital, owned by Gemini founders Cameron and Tyler Winklevoss.
Podcaster Peter McCormack bought the club in 2021 with the goal of reaching the Premier League.

The Winklevoss brothers will now co-own the club alongside McCormack.

The Winklevoss brothers, known for their involvement in the cryptocurrency world and past controversies, have invested in the football club.

Mark Zuckerberg, the founder of Facebook, was accused of stealing the idea for the social media platform from twins Tyler and Cameron Winklevoss during their time at Harvard.

After a lengthy lawsuit, they received a settlement worth $20m in cash and Facebook shares.

The twins are now known as Bitcoin billionaires, owning a large amount of Bitcoins and operating a crypto exchange called Gemini, which functions similarly to a stock exchange for crypto coins.

Gemini, a cryptocurrency exchange, began sponsoring Manchester City Football Club in January 2022.

However, the company has faced challenges this year, including being ordered to return over $1bn to customers due to a defunct lending program and paying a large fine for unsafe and unsound practices.

Despite these setbacks, Bitcoin, the cryptocurrency Gemini specializes in, has reached an all-time high in value recently.
Translation:
Translated by AI
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Viktor Orban expressed his view of the EU loud and clear, calling it 'a benign dictatorship at best, not a democracy.'
Controversy Over Metropolitan Police VIP Protection for Taylor Swift
Unilever Sells Russian Operations Amidst Activist Pressure
HSBC's Strategic Restructuring for Cost Savings
Sanjeev Gupta Faces Prosecution Over Missing Company Filings
Labour's Ambitious Employment Bill Aims for Worker Rights Reform
UK Maintains Non-negotiable Stance on Falklands and Gibraltar
Controversy Surrounds A75 Road Closures and 96-Mile Diversion
Crunch Time in Conservative Leadership Race
Keir Starmer's Challenges in the Wake of Sue Gray's Departure
Coroner Urges UK Government to Improve Severe ME Care
Starmer Calls for De-escalation in Middle East Amid Heightened Tensions
Chancellor Reeves Decides Against Pension Tax Hike
UK Advocates Urge Tobacco Windfall Tax and Permanent Levy
Starmer's Chief of Staff Plans Major Overhaul at Downing Street
Key Labour Thinktank Advocates New Powers for Mayors
Rachel Reeves Considers New Fiscal Rules for Infrastructure Spending
Great Britain Faces Lowest Winter Blackout Risk in Four Years
The Impact of Online Culture on Young Women: Survey Insights
Hypersonic Jet to Revolutionize Air Travel
Russian Medic Arrested for Alleged Satanism and Promoting LGBTQ Rights
UK: Chagos Islands Deal Was About Securing US Military Base
RT has converted key archive speeches delivered by Putin into spoken English using the help of AI
Walmart is now selling a new book titled The Achievements of Kamala Harris—and all the pages are blank.
Bill Gates: "6% of global emissions are cows... You can either fix the cows to stop them farting, or you can make beef without the cow."
Facilitated Communication: Miracle Tool or Manipulative Method?
The Allure of Browsing Online Property Portals: A Modern Obsession
Suspected Acid Attacker in London Bailed Amid Investigation
Tragic Channel Crossing: Four Migrants Killed
Labour Cabinet Ministers' Stances on Assisted Dying
The Influence of Tory Members on Party Leadership
UK Plans Major Overhaul of Employment Rights
UK Food Industry Lobbying Delays £1.7 Billion Plastic Packaging Tax
New UK Tipping Law Sparks Confusion Among Restaurant Staff
Debate Heats Up Over Assisted Dying Legislation in the UK
New Personalized Cancer Therapies Undergo Extensive Clinical Study
UAE Energy Minister: OPEC+ Doing a 'Noble' Job in Balancing Oil Market
Call for Wealth Tax Hikes to Curb Reform UK's Rise
Labour MP Supports Chancellor's Rejection of Wealth Tax
Debate Intensifies Over VAT Introduction for UK Private Schools
Israel Plans Retaliation Against Iran Amid Rising Regional Tensions
Norwegian Police Conclude 'Spy Whale' Hvaldimir's Death Due to Infection
Dominica Sells Citizenship to Boost Climate Resilience
Greta Thunberg Detained in Brussels During Protest Against Fossil Fuel Subsidies
UK Returns Chagos Islands to Mauritius After Decades-Long Dispute
UK Reaffirms Commitment to Overseas Territories Amid Falkland Islands Dispute
France's Silent March Supports Gisèle Pelicot: A Shocking Case
Robert Jenrick's Leadership Prospects: Challenges from the Right
Declining Interest in Grammar Schools Amid VAT Concerns
Emirates Bans Pagers and Walkie-Talkies on All Flights
×