Cameron Winklevoss

Tyler and Cameron Winklevoss have donated $4.9 million to the political action committee Fairshake, according to new filings with the U.S. Federal Election Committee. It’s just the latest windfall for Fairshake, which is spending millions to run attack ads against Katie Porter, a Democrat who’s running for Dianne Feinstein’s old U.S. Senate seat in California.What Drew Noomi Rapace to Constellation?The new donation from the Winklevoss twins, first reported by Crypto Telegraph Wednesday, comes after huge players in the…

“I definitely believe that a large part of it as a space enthusiast.” That’s what Matthew Brown told CNBC on March 23, when asked why he was considering a $200 million investment into Virgin Orbit, a nearly bankrupt rocket company.He Tossed His Bitcoin, Now He Wants It BackA week later, that deal collapsed, and Virgin Orbit, which had begun to bring employees back to work in expectation of new funding, is facing the end. The company has ceased operations and will lay off some 675 employees, CEO Dan Hart said in a meeting…

The late-night bankruptcy filing of Genesis Global Capital LLC last week marked the end of an era for crypto lenders that tried to bring the centuries-old business model of banking to the digital-currency space. Two big lenders, Celsius Network LLC and Voyager Digital Ltd. VYGVQ 0.83% , filed for chapter 11 bankruptcy protection in July. Another one, BlockFi Inc., followed suit in November. Genesis suspended withdrawals the same month and…

Image: Joe Raedle (Getty Images)The U.S. Securities and Exchange Commission charged Genesis Global Capital LLC and Gemini Trust Company LLC on Thursday for allegedly providing unregistered securities to investors through a program that touted a high interest on deposits.Gemini is a crypto exchange founded by twins Tyler and Cameron Winklevoss and Genesis is a crypto lender. The pair partnered on a venture called Gemini Earn.The SEC claims Genesis raised billions of dollars from hundreds of thousands of investors without…

Tensions between crypto magnates Cameron Winklevoss and Barry Silbert erupted into an open dispute on Twitter at the start of the new year, with Mr. Winklevoss accusing Mr. Silbert of “bad faith stall tactics” that are hurting rank-and-file customers. The back-and-forth on Monday deals another blow to a sector struggling for credibility, especially since the collapse of FTX and its affiliated trading firm, Alameda Research.…