As crypto experiences its version of the Great Comeuppance, the tidal wave of schadenfreude I wrote about two weeks ago, everyone is blaming everyone else but themselves. Even so, the deflections of the Winkelvii are especially rich, given that the brothers spent years telling anyone who would listen that they would never, ever do anything that might be perceived as reckless or risky, often using their old foe, Facebook—which paid them $65 million to settle a lawsuit that claimed Zuckerberg stole their idea for his social network—as their preferred marketing foil.
Whereas Facebook once urged employees to “move fast and break things,” Cameron and Tyler bragged that their exchange was about embracing regulations….
Source: Winklevoss Twins Deflect Blame as Gemini Faces Lawsuit – Bloomberg
