Cryptocurrencies
Winklevoss Twins Hire Nasdaq to Watch for Crypto Cheaters
- Their Gemini market to use Nasdaq market surveillance service
- Investors have wondered who’s watching out for crypto fraud
Winklevoss Brothers Aren't Worried About Bitcoin's Plunge
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The Winklevoss twins brought in the pros to keep cheaters off their cryptocurrency exchange.
Their company, Gemini Trust Co., hired Nasdaq Inc. to conduct market surveillance for Bitcoin and Ether trading as well as the auction that helps price Cboe Global Markets Inc.’s Bitcoin futures, according to a statement Wednesday. It’s the first partnership between a well-known exchange like Nasdaq and a digital-asset market to help safeguard the nascent $433 billion cryptocurrency sector.