Cameron and Tyler Winklevoss watched Facebook Inc.’s rapid rise even as they claimed Mark Zuckerberg stole their idea for the social-networking site. Their proposal for an investment tracking the virtual currency Bitcoin faces a protracted fight to win over regulators and market makers.
The vice chairman of the Bitcoin Foundation was charged by federal prosecutors with conspiring to launder more than $1 million in the virtual currency, the latest charges tied to the illicit online bazaar Silk Road.
Facebook Inc. will ask a court today to enforce a settlement which resolved claims that its founder Mark Zuckerberg stole the idea for the social-networking company from classmates at Harvard University.
Tyler and Cameron Winklevoss, made famous for their tussles with Facebook Inc. Chief Executive Officer Mark Zuckerberg in the social network’s early years, are seeking investors interested in the online currency Bitcoin.